Risk premium on lending reached 1.91 % in 2002 in Australia, according to the National Central Bank. This is 42.9 % less than in the previous year.
Historically, risk premium on lending in Australia reached an all time high of 4.42 % in 1993 and an all time low of -0.168 % in 1980. When compared to Australia's main peers, risk premium on lending in Malaysia amounted to 3.80 %, 1.65 % in New Zealand and 2.96 % in Papua New Guinea in 2002.
Australia has been ranked 70th within the group of 83 countries we follow in terms of risk premium on lending, 48 places behind the position seen 10 years ago.