Search: Y2K
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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The Impact of Y2K on Financial Markets in Australia
22 Feb 2001
Bulletin
PDF
36KB
Jun 99. Mar 99. Dec 98. Y2K. 4.50. 4.75. 5.00. ... Y2K pressures would be handled comfortablyand concerns about the quality of bank riskreceded.
https://www.rba.gov.au/publications/bulletin/2000/jan/pdf/bu-0100-1.pdf
Year 2000 Preparations in the Australian Financial System
26 Feb 2001
Speech
PDF
54KB
Promote greater disclosure on Y2K. APRA’s role. • Focus on individual institutions• Prime responsibility with board and. ... coverage. Key message. “…the simple fact is that [customers’]deposits are safe and their recordsare not at risk from
https://www.rba.gov.au/speeches/1999/pdf/y2k-slides.pdf
Semi-Annual Statement on Monetary Policy
13 Jul 2009
SMP
PDF
39KB
Reserve Bank of Australia Bulletin November 1999
https://www.rba.gov.au/publications/smp/1999/nov/pdf/box-c.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
48KB
37. rapid, reflecting several factors such as thepreparations for Y2K, the new tax system,and, to a lesser extent, the Olympics, as wellas the expansion of telecommunicationsnetworks following the deregulation of
https://www.rba.gov.au/publications/smp/2001/nov/pdf/box-a.pdf
The International Economic Outlook
27 Feb 2001
Speech
PDF
102KB
Forecasts of global growth beingmarked up. Markets concerned overinflation. Concern in some quarters over Y2K;this grew as year progressed. ... Y2K came and went withoutsignificant problem. Prospects for 2000. What then of the year ahead?
https://www.rba.gov.au/speeches/2000/pdf/sp-ag-030200.pdf
Statement to Parliamentary Committee
27 Feb 2001
Bulletin
PDF
52KB
Y2K and All That. I would now like to make a few commentsabout Y2K, which is very topical because thereare now only 32 days to go to the new century. ... When I appeared before the Committee inJune, I said that Australian banks, buildingsocieties and
https://www.rba.gov.au/publications/bulletin/1999/dec/pdf/bu-1299-1.pdf
Year 2000 Preparations in the Australian Banking and Financial System September 1999
25 Feb 2001
PDF
379KB
DEFINITION OF YEAR 2000 COMPLIANCE 47. Y2K Book September 99 10/9/99, 4:28 PM4. ... T]he simple fact is that [customers’] deposits are safe and their records arenot at risk from Y2K-related problems.”.
https://www.rba.gov.au/fin-services/resources/y2k-preps.pdf
Statement to Parliamentary Committee
26 Feb 2001
Bulletin
PDF
57KB
The main point I want to make is that theAustralian financial system is very wellprepared for Y2K. ... safe. Because thesimple fact is that their deposits are safe andtheir records are not at risk from Y2K-relatedproblems.
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-1.pdf
RBA Annual Report - Administration and Costs
28 Aug 2001
Annual Report
PDF
80KB
distributing currency around Y2K. Operating costs. for 2000/01 are higher than in 1998/99,. ... distribution decreased in 2000/01, reflecting the. reversal of the Y2K-related impact referred to.
https://www.rba.gov.au/publications/annual-reports/rba/2001/pdf/admin-costs.pdf
RBA Annual Report 2000 - Administration and Costs
22 Feb 2001
Annual Report
PDF
44KB
Y2K-related expenses referred to above. The. share of costs absorbed by banking fell due to. ... for by the Y2K-related expenses. Even in. nominal terms, costs are around 18 per cent.
https://www.rba.gov.au/publications/annual-reports/rba/2000/pdf/admin-costs.pdf