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RBA Glossary definition for lending and credit aggregates

lending and credit aggregates – Reserve Bank of Australia measures of lending and credit made available to the private non-finance sector (including public trading enterprises) or, the government sector by those financial intermediaries whose liabilities are included in broad money. Broad money is defined as currency plus bank current deposits of the private non-bank sector, plus all other bank deposits of the private non-bank sector plus borrowings from the private sector by non-bank financial intermediaries (NBFIs), less the latter's holdings of currency and bank deposits.

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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Business lending rate. Per cent. Nominal. RBA. NBRSP. Business spread to cash rate. ... In contrast, we model imports at the aggregate level. The non-resource exports equations share a common structure.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html

Core Equations

23 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Business lending rate. Per cent. Nominal. RBA. NBRSP. Business spread to cash rate. ... The latter variable accounts for the fact that business lending spreads tend to be countercyclical.
https://www.rba.gov.au/publications/rdp/2019/2019-07/core-equations.html