Search: SVR
RBA Glossary definition for SVR
SVR – Standard Variable Rate
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Domestic Financial Conditions
5 Aug 2022
SMP
– August 2022
Graph 3.16. Most housing lenders have passed on the cash rate increases up to July in full to their standard variable rates (SVRs), which serve as reference rates for the ... Graph 3.33. Endnotes. While SVRs serve as reference rates for variable-rate
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Much of that decline occurred in March and April of last year, as lenders reduced their standard variable rates (SVRs) in March 2020 following the Reserve Bank's initial package of
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Developments in Banks' Funding Costs and Lending Rates
18 Mar 2021
Bulletin
– March 2021
Banks' funding costs declined to historical lows over 2020, reflecting the monetary policy measures announced by the Reserve Bank.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-banks-funding-costs-and-lending-rates.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
While some small lenders passed on the 15 basis point reduction in the cash rate target to their standard variable rates (SVRs) in full, the majority of lenders, including the major ... Much of that decline occurred in March and April last year,
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
While SVRs declined by an average of 29 basis points between end February and end September, the average rate paid on outstanding variable-rate loans declined by around 40 basis points. ... A few small lenders announced a reduction to standard variable
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Insights from the New Economic and Financial Statistics Collection
17 Sep 2020
Bulletin
– September 2020
The Reserve Bank has worked with the Australian Bureau of Statistics (ABS) and the Australian Prudential Regulation Authority (APRA) to modernise and expand data collected from Australia’s financial sector.
https://www.rba.gov.au/publications/bulletin/2020/sep/insights-from-the-new-economic-and-financial-statistics-collection.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
Standard variable rates (SVRs) have declined by an average of 28 basis points over that period (Graph 4.23; Table 4.1). ... While lenders have not made further changes to SVRs since the reduction in the cash rate target on 20 March, some have been
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
Standard variable rates (SVRs) have declined by around 90 basis points since May 2019. ... Only a few lenders decreased SVRs following the second 25 basis point cash rate reduction in mid March.
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Developments in Banks' Funding Costs and Lending Rates
19 Mar 2020
Bulletin
– March 2020
Banks’ funding costs declined over 2019, driven by reductions in the cash rate.
https://www.rba.gov.au/publications/bulletin/2020/mar/developments-in-banks-funding-costs-and-lending-rates.html