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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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The Information Effect and Equity Prices

1 Apr 2021 RDP 2021-04
Calvin He
Changes in the cash rate could reflect ‘random’ deviations from the policy reaction function, changes in the reaction function itself, or changes in the outlook of macroeconomic variables used to guide ... These predictions are presented in Table 1.
https://www.rba.gov.au/publications/rdp/2021/2021-04/the-information-effect-and-equity-prices.html

Discussion, Limitations and Future Research

1 Apr 2021 RDP 2021-04
Calvin He
This is unsurprising as it is well documented that the exchange rate is an important channel for monetary policy in Australia. ... This may especially be the case in the current situation where the RBA's cash rate target is close to the zero lower bound
https://www.rba.gov.au/publications/rdp/2021/2021-04/discussion-limitations-and-future-research.html