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RBA Glossary definition for lending and credit aggregates

lending and credit aggregates – Reserve Bank of Australia measures of lending and credit made available to the private non-finance sector (including public trading enterprises) or, the government sector by those financial intermediaries whose liabilities are included in broad money. Broad money is defined as currency plus bank current deposits of the private non-bank sector, plus all other bank deposits of the private non-bank sector plus borrowings from the private sector by non-bank financial intermediaries (NBFIs), less the latter's holdings of currency and bank deposits.

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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

3 Jan 2023 RDP 2022-09
Matthew Read
this shock from shocks to aggregate demand and supply (This involves restricting the cash rate and prices to move in opposite directions following a monetary policy shock, as in Uhlig (2005). ... For instance, credit spreads are used to construct the
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html