Search: Y2K

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RBA Glossary definition for Y2K

Y2K – Year 2000. The Year 2000 problem was the possibility that financial institutions' computer systems would fail on 1 January 2000 and spark a loss of public confidence in individual institutions or at worst, in the financial system as a whole. In the event, the arrival of Y2K was virtually incident-free.

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Business Services

28 Aug 2006 RBA Annual Report – 2006
a contingency for Y2K.
https://www.rba.gov.au/publications/annual-reports/rba/2006/bus-serv.html

Business Services

31 Aug 2007 RBA Annual Report – 2007
part of its contingency preparations for Y2K.
https://www.rba.gov.au/publications/annual-reports/rba/2007/bus-serv.html

Business Services

8 Sep 2005 RBA Annual Report – 2005
In the first half of the 1990s, the replacement of paper notes with polymer required large new note orders, as did contingency plans for Y2K towards the end of the decade.
https://www.rba.gov.au/publications/annual-reports/rba/2005/bus-serv.html

Survival Analysis and the Life of Australian Banknotes

19 Sep 2019 Bulletin – September 2019
Shane Aves
The Reserve Bank is in the process of replacing Australia’s first full series of polymer banknotes – the ‘New Note Series’ – with the upgraded ‘Next Generation Banknote’ series.
https://www.rba.gov.au/publications/bulletin/2019/sep/survival-analysis-and-the-life-of-australian-banknotes.html

Financial System Stability

21 Aug 2002 RBA Annual Report – 2002
sector. Fortuitously, preparation for the Y2K problem had already raised awareness of contingency planning among financial institutions.
https://www.rba.gov.au/publications/annual-reports/rba/2002/fin-sys-stability.html