Search: borrower
RBA Glossary definition for borrower
borrower – A person or entity that incurs a debt to a lender on agreed terms.
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Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Outstanding variable rates have continued to drift down since then, reflecting ongoing competition for new high-quality borrowers and the associated effect of the elevated level of borrower refinancing. ... bonuses and commissions) when assessing a
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Outstanding variable rates have continued to drift lower since then as new and refinancing borrowers have obtained lower rates. ... Repayment deferral arrangements for small business borrowers concluded at the end of March.
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
Several of these deals were ‘non-conforming’ RMBS, consisting of mortgages made to traditionally riskier borrowers. ... The proposed changes to responsible lending obligations would, in most cases, allow lenders to rely on the information provided by
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Overview
10 Feb 2019
SMP
– February 2019
However, banks continue to compete vigorously for lower-risk borrowers, so average interest rates actually paid are little changed and remain low. ... Households' demand for credit has eased, particularly for investors. Credit supply has also tightened
https://www.rba.gov.au/publications/smp/2019/feb/overview.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
by existing borrowers to lower loan rates (Graph 3.18; Table 3.1). ... Almost all borrowers have returned to their regular repayment schedule following the expiration of their prior deferral arrangements.
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
Overview
5 Nov 2020
SMP
– November 2020
Loan deferrals have also assisted borrowers affected by the pandemic. Because of the fiscal support via JobKeeper and social assistance payments, aggregate household income in Australia increased in the June quarter, ... The lower risk-free yield curve
https://www.rba.gov.au/publications/smp/2020/nov/overview.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
To date, the tightening in supply mostly reflects a greater degree of verification of borrowers' information rather than a tightening in lending criteria. ... As of June, 12 per cent of borrowers had been granted loan payment deferrals.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Overview
24 Feb 2022
SMP
- February 2022
PDF
93KB
https://www.rba.gov.au/publications/smp/2022/feb/pdf/00-overview.pdf
Overview
6 May 2022
SMP
– May 2022
Fixed borrowing rates have increased broadly in line with bond yields and other market interest rates; however, overall, interest rates remain low for most borrowers in Australia and in other advanced
https://www.rba.gov.au/publications/smp/2022/may/overview.html