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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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

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

10/4/2019 Lumps, Bumps and Waves | Speeches ...

4 Oct 2019 PDF 277KB
You can see the computer and internetrevolutions in firms' spending on software investment, culminating in a peak around the dot-comboom and Y2K rectification work, which can be seen as bumps
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-10-04.pdf