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RBA Glossary definition for Sub-prime mortgage

Sub-prime mortgage – While there is no precise definition of sub-prime mortgages, in the United States, they are typically loans made to borrowers with impaired credit histories, which might include one or more payment defaults, a previous loan foreclosure, or bankruptcy.

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The Financial Cycle and Recent Developments in the Australian Financial System

15 Aug 2008 Bulletin PDF 104KB
Address by Dr Philip Lowe, Assistant Governor (Financial System) to 6th Annual Retail Financial Services Forum, Sydney, 13 August 2008.
https://www.rba.gov.au/publications/bulletin/2008/aug/pdf/bu-0808-4.pdf

Asia, Australia and Financial Markets

12 Oct 2007 Bulletin PDF 138KB
Address by Mr Glenn Stevens, Governor, to the Asia Society AustralAsia Centre CEO Asia Update Luncheon, Sydney, 18 September 2007
https://www.rba.gov.au/publications/bulletin/2007/oct/pdf/bu-1007-1.pdf

The Importance of Financial Literacy

12 Sep 2008 Bulletin PDF 48KB
Address by Mr Keith Hall, Assistant Governor (Banking and Payments), to the Conference on Deepening Financial Capacity in the Pacific Region, Sydney, 25 August 2008.
https://www.rba.gov.au/publications/bulletin/2008/sep/pdf/bu-0908-3.pdf

Lessons from the Financial Turmoil of 2007 and 2008

10 Oct 2008 Bulletin – October 2008
with adverse news about the US sub-prime mortgage market gaining prominence in June and July 2007. ... They posit that these policy shifts drove the rise in sub-prime mortgage lending, from which the financial crisis stemmed.
https://www.rba.gov.au/publications/bulletin/2008/oct/1.html

The Impact of the Financial Crisis on the Bond Market

8 Jun 2010 Bulletin PDF 237KB
Reserve Bank of Australia Bulletin June 2010
https://www.rba.gov.au/publications/bulletin/2010/jun/pdf/bu-0610-8.pdf

Statement to Parliamentary Committee

17 Sep 2007 Bulletin PDF 42KB
Opening Remarks by the Governor in testimony to House of Representatives Standing Committee 17 August 2007
https://www.rba.gov.au/publications/bulletin/2007/sep/pdf/bu-0907-3.pdf

Statement on Monetary Policy

16 Aug 2007 Bulletin PDF 672KB
Reserve Bank of Australia Bulletin August 2007
https://www.rba.gov.au/publications/bulletin/2007/aug/pdf/bu-0807-1.pdf

Statement on Monetary Policy

11 May 2007 Bulletin PDF 588KB
Reserve Bank of Australia Bulletin May 2007
https://www.rba.gov.au/publications/bulletin/2007/may/pdf/bu-0507-1.pdf

Financial System Developments in Australia and Abroad

15 Sep 2009 Bulletin PDF 229KB
Address by Dr Malcolm Edey, Assistant Governor (Financial System), to Retail Financial Services Forum, Sydney, 19 August 2009.
https://www.rba.gov.au/publications/bulletin/2009/sep/pdf/bu-0909-5.pdf

Central Bank Market Operations

17 Sep 2007 Bulletin PDF 79KB
Address by Mr R Battellino, Deputy Governor, to Retail Financial Services Forum, Sydney, 28 August 2007
https://www.rba.gov.au/publications/bulletin/2007/sep/pdf/bu-0907-4.pdf