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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 by Philip Lowe, Governor: Monetary Policy Decision

7 May 2019 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-11.html

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
The lending is either fully collateralised or the borrower has government support.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

At a Glance: Financial Stability Review – October 2020

9 Oct 2020 FSR
However, with economies experiencing large contractions in output the focus has shifted from liquidity to the solvency of borrowers as the expected defaults will result in credit losses for lenders.
https://www.rba.gov.au/publications/fsr/2020/oct/

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Feb 2019 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-01.html

Domestic Financial Conditions

10 Feb 2019 SMP – February 2019
A number of indicators suggest that competition for new loans remains strong, particularly for low-risk borrowers. ... Over the past year, there has been ongoing work to improve lenders' assessment of potential borrowers' expenses.
https://www.rba.gov.au/publications/smp/2019/feb/domestic-financial-conditions.html

2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

International Financial Conditions

8 May 2020 SMP – May 2020
Higher-quality borrowers issued record volumes of debt, despite increased borrowing costs (Graph 2.7). ... The price of credit has also been relatively stable, even for riskier borrowers.
https://www.rba.gov.au/publications/smp/2020/may/international-financial-conditions.html

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html

List of tables

10 Mar 2006 FSR – March 2006
b) ABS analysis of the 1998/99 Household Expenditure Survey suggests that the relatively high reading for the low income group is likely to partly reflect borrowers with access to considerable
https://www.rba.gov.au/publications/fsr/2006/mar/tables.html