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RBA Glossary definition for Net interest spread

Net interest spread – A measure of the difference between a bank�s average rate of interest-bearing assets and its average rate of interest-bearing liabilities.

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

20 Aug 2019 RDP PDF 1571KB
investment, asset prices and the interest payments (and receipts) of households and businesses. ... relationship between consumption, household income and net wealth (Figure 3).13 This relationship.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

Macroprudential Limits on Mortgage Products: The Australian Experience

4 Aug 2021 RDP PDF 2345KB
2.2 The interest-only mortgage limit 5. 3. Data and Variables 5. ... Banks’ use of interest rates to target credit growth has been less studied.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-07.pdf

The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

14 Feb 2020 RDP PDF 1878KB
findings fit together. Do interest rates contribute to housing price variation across regions? ... inequality, which is surprising given the strong relationship between interest rates and housing.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-02.pdf

A History of Australian Corporate Bonds

29 Jan 2015 RDP PDF 606KB
Bond spreads are generally higher and more dispersed during periods of economic and financial turmoil. ... During periods of greater uncertainty about economic and financial conditions,24 spreads on non-government guaranteed.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-09.pdf

How Many Jobs Did JobKeeper Keep?

2 Dec 2020 RDP PDF 1843KB
employees in those firms experienced no net job loss, while the number of jobs held by employees. ... is the parameter of most interest to policymakers. Due to data limitations, our calculation of the.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-07.pdf

The Rise in Household Liquidity

24 Nov 2021 RDP PDF 1793KB
projection methods to demonstrate that lower interest rates are associated with higher household. ... Similarly, borrowers with. Mortgage debt-to-income ratio. Gross. Net of liquid assets2.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-10.pdf

The Real Effects of Debt Covenants: Evidence from Australia

24 Oct 2022 RDP PDF 1647KB
composition of covenants away from interest coverage requirements over time has lowered the. ... likely to be particularly sensitive to changes in interest rates (Barea Lugo 2006).
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-05.pdf

A Model of the Australian Housing Market

5 Mar 2019 RDP PDF 1639KB
It estimates. responses to interest rates, allowing for feedback between quantities and prices. ... demeaned. We estimate from March quarter 1987, following the deregulation of mortgage interest.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-01.pdf

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

25 Nov 2019 RDP PDF 624KB
RDP 2019-07 online appendix
https://www.rba.gov.au/publications/rdp/2019/2019-07/rdp-2019-07-online-appendix.pdf

Credit Supply and Demand and the Australian Economy

31 Jan 2006 RDP PDF 637KB
As the economy enters a downturn corporate net worth falls, raising agency costs and hence the loan rate relative to the riskless interest rate. ... Such quality spreads have been found by Stock and Watson (1989), amongst others, as useful forecasters of
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9208.pdf