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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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6 March 2018 | Minutes of the Monetary Policy Meeting of the Board

20 Mar 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 March 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-03-06.html

1 March 2016 | Minutes of the Monetary Policy Meeting of the Board

15 Mar 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 March 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-03-01.html

7 June 2016 | Minutes of the Monetary Policy Meeting of the Board

21 Jun 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 7 June 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-06-07.html

2 June 2009 | Minutes of the Monetary Policy Meeting of the Board

16 Jun 2009 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 June 2009
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2009/02062009.html

2 October 2018 | Minutes of the Monetary Policy Meeting of the Board

16 Oct 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 October 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-10-02.html

7 February 2017 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-02-07.html

7 September 2010 | Minutes of the Monetary Policy Meeting of the Board

21 Sep 2010 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2010
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2010/07092010.html

6 September 2016 | Minutes of the Monetary Policy Meeting of the Board

20 Sep 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 6 September 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-09-06.html

5 November 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Nov 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 November 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html

5 February 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Feb 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 February 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-02-05.html