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31–40 of 508 search results for Cash Rate

RBA Glossary definition for Cash Rate

Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.

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Three Australian Asset-price Bubbles | Conference – 2003

18 Aug 2003 Conferences
John Simon
Instead, assumptions about future dividend growth and interest rates need to be made. ... Furthermore, the low rental yields combined with high leverage meant that speculators were experiencing increasing cash flow problems.
https://www.rba.gov.au/publications/confs/2003/simon.html

Discussion on The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Figure 3 shows four-quarter moving averages of the real cash rate both on the RBA method and using contemporaneous quarterly deflation.) One wonders what the monetary policy-makers thought they ... This is one of the reasons why the Bank made such heavy
https://www.rba.gov.au/publications/confs/1997/hughes-disc.html

Inflation Targeting in New Zealand: An Experience in Evolution | Conference – 2018

12 Apr 2018 Conferences
John McDermott and Rebecca Williams
Other secondary considerations (stability of output, interest rates and the exchange rate) have remained. ... The RBNZ recognised this, and we replaced the MCI with the Official Cash Rate (OCR) as the instrument of monetary policy in March 1999.
https://www.rba.gov.au/publications/confs/2018/mcdermott-williams.html

The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992

21 Jun 1990 Conferences
Charles Goodhart
In the long term, nominal interest rates will be determined by real (international) forces and the expected rate of inflation.). ... exchange rates, enhanced the perceived advantages of pegging the exchange rate to whichever neighbouring major country
https://www.rba.gov.au/publications/confs/1992/goodhart.html

On the Economics of Committed Liquidity Facilities | Conference – 2013

19 Aug 2013 Conferences
Morten L Bech and Todd Keister
When there is no LCR requirement, equilibrium interest rates satisfy:. When there is no liquidity regulation, the short-term, risk-free interest rate equals the midpoint of the central bank's ... T]his outcome would also significantly affect the ability
https://www.rba.gov.au/publications/confs/2013/bech-keister.html

When the US Sneezes, Do We Need to Catch a Cold? Historical and Future Linkages between the Australian and US Business Cycles | Conference…

11 Jul 2005 Conferences
Mark Crosby and Philip Bodman
1960s. 1970s. 1980s. 1990s. 2000s. Mean. Cash rate. 6.18. 3.85. 6.85. ... Australian variable. Sup-Wald test. p-value. Likely break date. Conditional mean. Cash rate.
https://www.rba.gov.au/publications/confs/2005/crosby-bodman.html

The Lessons for Monetary Policy | Conference – 1991

21 Jun 1991 Conferences
Ian Macfarlane
It shows that throughout the period our short and long rates were higher than in G7 countries, which is not surprising since our inflation rate was higher. ... In fact, most of the easing had occurred well before the share market crash (the cash rate
https://www.rba.gov.au/publications/confs/1991/macfarlane.html

Risk and the Transformation of the Australian Financial System | Conference – 2007

20 Aug 2007 Conferences
Chris Ryan and Chris Thompson
The banks responded to this competition by reducing the spread between their standard variable home loan rates and the cash rate by about 3 percentage points between 1993 and 1997. ... Whereas the banks' standard home loan indicator rates have moved in
https://www.rba.gov.au/publications/confs/2007/ryan-thompson.html

Changes in the Behaviour of Banks and Their Implications for Financial Aggregates | Conference – 1989

20 Jun 1989 Conferences
Ric Battellino and Nola McMillan
These restrictions effectively barred access to wholesale deposits. Even more importantly, savings banks were restricted in setting deposit rates by the continued regulation of the housing loan rate. ... 1970. March. –. Savings bank deposit rates could
https://www.rba.gov.au/publications/confs/1989/battellino-mcmillan.html

Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003

18 Aug 2003 Conferences
Charles Bean
the exchange rate – seen as a monetary variable – boosts demand in the same way as does a reduction in nominal interest rates. ... In such a world, excess debt accumulation and levels of demand above the natural rate will not immediately show up in
https://www.rba.gov.au/publications/confs/2003/bean.html