Search: Nominal interest rate
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RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
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Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Feb 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-04.html
Payment Systems (Regulation) Act 1998, The designated credit card systems (Bankcard, MasterCard and VISA)
24 Nov 2005
Media Release
PDF
199KB
Reform of Credit Card Schemes in Australia: Credit Card Interchange Fees
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-13-gazette-notice-ccc-std.pdf
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 May 2021
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-06.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Nov 2022
Media Releases
It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.75 per cent. ... Higher interest rates and higher inflation are putting pressure on the budgets of many households.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html
Media Releases – 2020
31 Dec 2020
Media releases
issued in 2020
https://www.rba.gov.au/media-releases/2020/
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Jun 2021
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond; the parameters of the government bond purchase
https://www.rba.gov.au/media-releases/2021/mr-21-09.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Jun 2023
Media Releases
It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent. ... The combination of higher interest rates and cost-of-living pressures is leading to a substantial slowing in household spending.
https://www.rba.gov.au/media-releases/2023/mr-23-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Apr 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html
2010 BIS Triennial Survey Results – Australia
31 Aug 2010
Media Releases
At constant exchange rates turnover in OTC interest rate derivatives increased by 60 per cent. ... Table 4: Australian OTC Interest Rate Derivatives Turnover. (a)(b). Daily average turnover, US$ billion.
https://www.rba.gov.au/media-releases/2010/mr-10-19-tables.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Apr 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-11.html