Eales, Robert and Edmund Bosworth, "Severity of Loss in the Event of Default in Small Business and Larger Consumer Loans", Journal of Lending & Credit Risk Management, Vol. 80, No. 9, (May 1998), pp. 58-65.

Abstract: Westpac Banking Corporation has undertaken several analyses of the severity of loss that occurs when loans default. This article reports on the latest of those investigations and focuses on small business loans and the larger consumer loans, such as home loans and investment property loans, which are significant factors in bank exposure and contribution to profit.