Most acronyms and initialisms take upper case but no full stops.
Over time, some of these shortened forms are absorbed into the language as words in their own right. So check on their capitalisation in the Macquarie Dictionary if you’re unsure.

Upper case refers to capitalising every letter in a phrase or a clause. It’s also known as ‘all caps’ or ‘block capitals’.
While shortened forms such as acronyms will use upper case, the ASG strongly recommends avoiding it as a form of emphasis.
Most acronyms and initialisms take upper case but no full stops.
Over time, some of these shortened forms are absorbed into the language as words in their own right. So check on their capitalisation in the Macquarie Dictionary if you’re unsure.
The other common use for upper case is as a form of emphasis. This was more common in the days of the typewriter because there were few other options for emphasising text.
In contemporary body text, using upper case looks as though YOU ARE SHOUTING AT THE READER. It is also harder to read because there is little contrast in the shapes within and between words.
Bold is a much better option to emphasise important text.
Similarly, in headings, prefer bolded sentence case (capitalising the first letter and proper nouns only) to upper case.