Search: Nominal interest rate
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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Domestic Financial Conditions
10 May 2019
SMP
– May 2019
Table 3.1: Intermediaries' Housing Lending Rates. March 2019. Interest rate. Change since August 2018. ... Table 3.3: Intermediaries' Business Lending Rates. March 2019. Interest rate. Change since March 2018.
https://www.rba.gov.au/publications/smp/2019/may/domestic-financial-conditions.html
Domestic Financial Markets and Conditions
7 Feb 2006
SMP
– February 2006
Domestic interest rates have moved in a narrow range over the past 12 months or so. ... One issue here is that lenders have become more aggressive in marketing loans with increased discounting of interest rates and lowering of credit standards.
https://www.rba.gov.au/publications/smp/2006/feb/dom-fin-mkts.html
The International Environment
4 Nov 2022
SMP
– November 2022
There is significant uncertainty around the level of interest rates that will be needed to achieve that. ... Graph 1.11. Growth in other domestic expenditure has moderated but so far remains positive in the face of rising interest rates and falling real
https://www.rba.gov.au/publications/smp/2022/nov/the-international-environment.html
Overview
7 May 2024
SMP
– May 2024
Overview | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/overview.html
Economic Outlook
4 Aug 2023
SMP
– August 2023
Economic Outlook | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/economic-outlook.html
Domestic Financial Markets and Conditions
10 Nov 2006
SMP
– November 2006
From the time of the August tightening of monetary policy, financial markets generally held the view that it was more likely than not that official interest rates would be increased again. ... Following the August (and May) tightening, most lenders also
https://www.rba.gov.au/publications/smp/2006/nov/dom-fin-mkts.html
4 October 2022 | Minutes of the Monetary Policy Meeting of the Board
18 Oct 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 October 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-10-04.html
6 September 2022 | Minutes of the Monetary Policy Meeting of the Board
20 Sep 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 September 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-09-06.html
Domestic Financial Markets and Conditions
10 May 2007
SMP
– May 2007
Long-term interest rates have also fluctuated but shown little net change since the last Statement (Graph 54). ... Covenant-lite loans pay a slightly higher interest rate in return for fewer loan covenants (such as maximum debt-to-earnings multiples and
https://www.rba.gov.au/publications/smp/2007/may/dom-fin-mkts.html
List of tables
10 May 2011
SMP
– May 2011
b) Quarter-on-quarter growth rate. Sources: ABS; APM; RBA; RP Data-Rismark. Table 4.1: Intermediaries' Lending Rates. ... 6.97. 0.10. 0.63. (a) Variable interest rates unless otherwise indicated. (b) Average of the major banks' discounted package rates
https://www.rba.gov.au/publications/smp/2011/may/tables.html