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RBA Glossary definition for broad money
broad money – The widest definition of money published by the Reserve Bank of Australia (RBA). Broad money is defined as currency plus ADI deposits from the non-AFI private sector, plus other short-term liquid AFI liabilities held by the non-AFI private sector.
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Preface
1 Jan 1987
RDP
8701
RDP 8701: The Australian Demand Function for Money: Another Look at Stability Preface. ... A forthcoming paper by Adrian Blundell-Wignall and Susan Thorp will address the question of stability for broad money in a formal manner, in the context of a more
https://www.rba.gov.au/publications/rdp/1987/8701/preface.html
Introduction
1 Jan 1987
RDP
8701
There are couple of important omissions in this approach. Firstly, the debate about stability of the demand for money might usefully be expanded to consider broad money,. ... al. (1985)). This question is not addressed formally here; forthcoming work
https://www.rba.gov.au/publications/rdp/1987/8701/introduction.html
Concluding Comments
1 Jan 1987
RDP
8701
It must be conceded that the stability or otherwise of broad money has not been considered. ... One attraction of broad money is that shifts of business between banks and non-banks do not, in the first instance at least, affect it.
https://www.rba.gov.au/publications/rdp/1987/8701/concluding-comments.html