Robertson, Benn; Rush, Anthony - In: RBA Bulletin (2013) March, pp. 63-70
This article updates previous Reserve Bank research on changes in the composition and cost of banks' funding and the … impact of these changes on lending rates (Deans and Stewart 2012). The main findings are that the absolute levels of funding … downward pressure on funding costs, developments in deposit competition will have a larger impact on movements in funding costs …