Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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Applicants | Personal Information Collection Notices
9 May 2023
The Personal Information Collection Notice for Applicants contains more information about how the Bank uses personal and other information collected during the recruitment process
https://www.rba.gov.au/privacy/personal-information-collection-notices/applicants.html
Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005
11 Jul 2005
Conferences
If the borrower can declare bankruptcy, return the keys, and walk away, then it is the banking sector that will end up holding the depreciating property stock. ... Loan-to-value ratios and bankruptcy rules may differ substantially from those in place in
https://www.rba.gov.au/publications/confs/2005/shin.html
Payment Systems and Netting Act 1998: Approval of RITS and Austraclear
29 Oct 1998
Media Releases
The Payments System Board declares the Reserve Bank Information and Transfer System (RITS) and the Austraclear System (otherwise known as FINTRACS) are approved real-time gross settlement (RTGS) systems in terms of the Payment Systems and Netting
https://www.rba.gov.au/media-releases/1998/mr-98-15.html
Firm Dynamics and Public Policy: Evidence from OECD Countries | Conference – 2015
19 Mar 2015
Conferences
In this regard, well-functioning product, labour and capital markets as well as efficient judicial systems and bankruptcy laws that do not overly penalise failure can raise the expected returns to ... Bankruptcy legislation that does not excessively
https://www.rba.gov.au/publications/confs/2015/andrews-criscuolo-gal-menon.html
Discussion on Reforming the International Financial Architecture: Limiting Moral Hazard and Containing Real Hazard | Conference – 1999
9 Aug 1999
Conferences
Either way, recipient countries face the added responsibility of developing legal and administrative frameworks for dealing with bankruptcy. ... Some suggestions, such as standstills, are imperfect attempts to reproduce the mechanisms of domestic
https://www.rba.gov.au/publications/confs/1999/disc-session6.html
General Discussion of Reforming the International Financial Architecture: Limiting Moral Hazard and Containing Real Hazard
7 Dec 2006
Conferences
PDF
12KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/disc-session6.pdf
Conclusions
1 Nov 1993
RDP
9311
but to reduce the probability of subsequent bankruptcy and loss of their job. ... While we present no direct evidence in support of the view that this recapitalisation (or reliquefication) is an attempt to reduce the cost of external funds and reduce
https://www.rba.gov.au/publications/rdp/1993/9311/conclusions.html
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The Model
22 Nov 2016
RDP
2016-07
In addition, we do not assume explicit bankruptcy costs; nonetheless, as we will show, default is still welfare reducing because it reduces the effectiveness of the OTC derivatives hedge.
https://www.rba.gov.au/publications/rdp/2016/2016-07/model.html
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The International Reform Agenda: Unfinished Business
6 Dec 1999
Speech
Address by Stephen Grenville to the William M. Mercer's Global Investment Forum, Sydney
https://www.rba.gov.au/speeches/1999/sp-dg-061299.html
Box A: Global Recovery Rates on Corporate Defaults
10 Mar 2010
FSR
– March 2010
Since 2008, around one third of bankruptcies have been distressed debt exchanges, compared to an historical average of around 10 per cent. ... The agreements appear to result in a quicker emergence from bankruptcy and higher recovery rates for debt
https://www.rba.gov.au/publications/fsr/2010/mar/box-a.html