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RBA Glossary definition for borrower

borrower – A person or entity that incurs a debt to a lender on agreed terms.

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Overview

10 Nov 2012 SMP – November 2012
The Board reduced the cash rate twice in late 2011 and twice again in mid 2012, bringing interest rates for borrowers to below their medium-term averages. ... As a result of this sequence of reductions in the cash rate, interest rates for borrowers are
https://www.rba.gov.au/publications/smp/2012/nov/overview.html

Overview

6 Feb 2020 SMP – February 2020
Interest rates faced by both borrowers and lenders are now at very low levels.
https://www.rba.gov.au/publications/smp/2020/feb/overview.html

Domestic Economic Conditions

5 May 2023 SMP – May 2023
Domestic Economic Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-economic-conditions.html

Overview

4 Feb 2016 SMP – February 2016
Despite this volatility, high-quality borrowers still have access to finance at very favourable rates.
https://www.rba.gov.au/publications/smp/2016/feb/overview.html

Overview

11 Aug 2015 SMP – August 2015
Globally, monetary conditions remain very accommodative and finance remains readily available to creditworthy borrowers. ... Domestically, financial conditions have generally eased since May. Interest rates for borrowers were reduced broadly in line with
https://www.rba.gov.au/publications/smp/2015/aug/00-overview.html

Overview

10 May 2019 SMP – May 2019
Although lending practices remain considerably tighter than they were a few years ago, banks continue to compete strongly for lower-risk borrowers among both households and large businesses.
https://www.rba.gov.au/publications/smp/2019/may/overview.html

List of graphs

10 Aug 2011 SMP – August 2011
Graph 4.13: Business Credit by Type of Borrower.
https://www.rba.gov.au/publications/smp/2011/aug/graphs.html

Introduction

10 Feb 2008 SMP – February 2008
There have been a number of aspects to this, including a general widening of credit spreads and continuing difficulty for private borrowers in accessing capital markets. ... Financial conditions facing household and business borrowers in Australia have
https://www.rba.gov.au/publications/smp/2008/feb/intro.html

Introduction

10 Feb 2009 SMP – February 2009
Since the start of the current monetary easing cycle in September, substantial cuts in interest rates have been passed on to household and business borrowers. ... Substantial pass-through of these reductions to most borrowers over recent months has also
https://www.rba.gov.au/publications/smp/2009/feb/intro.html

Overview

10 Nov 2014 SMP – November 2014
The cash rate has been unchanged at its current low level for over a year and interest rates paid by borrowers have declined slightly over this period.
https://www.rba.gov.au/publications/smp/2014/nov/overview.html