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RBA Glossary definition for credit risk/exposure

credit risk/exposure – The risk that a counterparty will not settle an obligation for full value, either when due or thereafter. In 'exchange-for-value' systems, the risk is generally defined to include replacement risk (the risk of having to replace a contract at a potentially unfavourable price) and principal risk.

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5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html

4 October 2022 | Minutes of the Monetary Policy Meeting of the Board

18 Oct 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 October 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-10-04.html

2024 | Minutes of the Monetary Policy Meeting of the Board

27 Dec 2023 Minutes
Minutes of the Monetary Policy Meetings of the Reserve Bank Board - 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/

The Lessons for Monetary Policy | Conference – 1991

21 Jun 1991 Conferences
Ian Macfarlane
A fall in credit standards can be thought of as any shift in preferences that causes borrowers or lenders to take on more risk. ... With financial intermediaries keen to grow, the risk is that they would accommodate the credit demands of these borrowers.
https://www.rba.gov.au/publications/confs/1991/macfarlane.html

The Evolving Structure of the Australian Financial System | Conference – 1996

9 Jul 1996 Conferences
Malcolm Edey and Brian Gray
Asset price inflation and an expanding demand for credit played a role in both episodes, with these institutions being active lenders at the more speculative end of the risk spectrum. ... In this way, they perform the lending and credit assessment
https://www.rba.gov.au/publications/confs/1996/edey-gray.html

The Australian Financial System in the 1990s | Conference – 2000

21 Jun 1990 Conferences
Marianne Gizycki and Philip Lowe
The result was extremely strong credit growth secured against increasingly overvalued commercial property. ... Instead, banks are providing an ever-expanding range of risk intermediation and other financial services.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html

Regulatory Competition and the “Generic” Financial-Services Firm | Conference – 1991

21 Jun 1991 Conferences
Ed Kane
In its glory days financial deregulation was given too much credit; today it is receiving too much blame. ... Because of regulatory lags, underpriced opportunities for shifting risk onto governmental guarantors are especially great for innovative
https://www.rba.gov.au/publications/confs/1991/kane.html

Money and Finance | Conference – 1990

21 Jun 1990 Conferences
Ross Milbourne
Second, the RBA often suggested quantitative lending guidelines for banks, to restrict the creation of bank credit. ... The regulations imposed by the monetary authorities acted to restrict the flow of credit, often forcing banks to ration.
https://www.rba.gov.au/publications/confs/1990/milbourne.html

5 September 2023 | Minutes of the Monetary Policy Meeting of the Board

19 Sep 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-09-05.html

Minutes of the Monetary Policy Meeting of the Board

27 May 2019 Minutes
Minutes of the Monetary Policy Meetings of the Reserve Bank Board
https://www.rba.gov.au/monetary-policy/rba-board-minutes/