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RBA Glossary definition for billion

billion – One thousand million.

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The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
also in log AUD billions plus one. ‘Assets’ and ‘Liabilities/assets’ are from the bank's (parent company's) balance sheet at the same date as NPL. ... We measure this in billions of AUD, add one, then take the natural logarithm.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html

Institutional Background and Data

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
also in log AUD billions plus one. ‘Assets’ and ‘Liabilities/assets’ are from the bank's (parent company's) balance sheet at the same date as NPL. ... We measure this in billions of AUD, add one, then take the natural logarithm.
https://www.rba.gov.au/publications/rdp/2021/2021-01/institutional-background-and-data.html