Search: monetary aggregates
RBA Glossary definition for monetary aggregates
monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector
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The Australian Financial System
8 Oct 2021
FSR
– October 2021
A number of factors are likely to mitigate these effects, including lower bad and doubtful debt charges as lower interest rates reduce debt-servicing costs for borrowers, and stronger aggregate demand ... Banks have maintained a prudent approach to
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
Overview
8 Apr 2021
FSR
– April 2021
Fiscal support has sustained economic activity and improved the finances of borrowers, and so loan performance, and central banks have eased monetary policy and maintained market liquidity in key debt markets. ... But even if the recovery in aggregate
https://www.rba.gov.au/publications/fsr/2021/apr/overview.html
Mortgage Macroprudential Policies
8 Oct 2021
FSR
– October 2021
One downside to speed limits is that they can lead to riskier lending shifting between lenders and therefore little reduction in aggregate risk. ... However, they did not slow aggregate housing credit growth, reflecting some substitution towards
https://www.rba.gov.au/publications/fsr/2021/oct/mortgage-macroprudential-policies.html
Assessing the Effects of Housing Lending Policy Measures
20 Oct 2018
FSR
– October 2018
So the impact of the measures on the aggregate quantity of credit supplied has been relatively moderate. ... While the policy measures have affected the composition of new lending, they have had less impact on the aggregate quantity of new lending.
https://www.rba.gov.au/publications/fsr/2018/oct/assessing-effects-housing-lending-policy-measures.html
Box D: Stress Testing and Australian Bank Resilience
7 Oct 2022
FSR
– October 2022
Statement on Monetary Policy. – to assess implications for bank capital ratios and banks ability to continue extending credit to the economy. ... Overall, in the baseline scenario, the aggregate bank CET1 capital ratio remains well above minimum
https://www.rba.gov.au/publications/fsr/2022/oct/box-d-stress-testing-and-australian-bank-resilience.html
The Australian Financial System
10 Mar 2013
FSR
– March 2013
Margin held at the central counterparties provides an indication of the aggregate risk of open positions held in normal market conditions. ... Discussion of the IMF stress tests can be found in International Monetary Fund (2012), ‘Australia: Financial
https://www.rba.gov.au/publications/fsr/2013/mar/aus-fin-sys.html
The Global Financial Environment
21 Apr 2017
FSR
– April 2017
growth, the gradual shift in the composition of demand and the authorities' recent steps to tighten monetary policy. ... Housing prices and aggregate household debt have risen strongly over recent years, although price growth has slowed somewhat over the
https://www.rba.gov.au/publications/fsr/2017/apr/global-fin-env.html
Developments in the Financial System Infrastructure
10 Sep 2005
FSR
– September 2005
Moreover, at the national level, regulators are unlikely to be comfortable with outcomes in their own jurisdictions which significantly lower aggregate capital requirements from current levels. ... aggregate capital requirements and a very wide
https://www.rba.gov.au/publications/fsr/2005/sep/dev-sys-infra.html
Financial Intermediaries
10 Sep 2005
FSR
– September 2005
The aggregate arrears rate, however, remains very low in comparison to both historical and international experience. ... In part, this reflects the historically low level of credit losses in aggregate.
https://www.rba.gov.au/publications/fsr/2005/sep/fin-intermed.html
Overview
10 Mar 2012
FSR
– March 2012
This has also been helping to underpin households' debt-servicing capacity. Accordingly, aggregate measures of household financial stress remain low, though mortgage arrears rates are still somewhat higher than a few ... Australia will this year be
https://www.rba.gov.au/publications/fsr/2012/mar/overview.html