Search: 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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Introduction | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
Regulatory changes have also encouraged this trend. While the effects have varied between deposit products, average deposit rates relative to the cash rate have risen, while average account fees have fallen; ... Measures aimed at open banking and
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/introduction.html
Submission to the Inquiry into Family Business in Australia – October 2012 | Financial Sector | Submissions
31 Oct 2012
Submissions
Submission to the Inquiry into Family Business in Australia - October 2012
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-family-business-2012.html
The Role of the Financial Sector | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Liquidity: a means of converting assets into cash without undue loss of value. ... market. From day to day, the Reserve Bank's goal is to manage supply to meet the system's demand for cash at the price – the interest rate – set by the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/role-of-financial-sector.html
Trends in Banks' Funding | Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector – May 2012 | Financial Sector |…
1 May 2012
Submissions
This has increased deposit rates relative to the cash rate and contributed to a marked change in the composition of bank funding (Graph 8 andWhile deposit rates and yields on bank ... debt generally declined between mid 2011 and early 2012, the declines
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-post-gfc-banking-sector-2012/trends-bank-funding.html
List of tables | Submission to the Productivity Commission Inquiry on First Home Ownership – November 2003 | Housing and Housing Finance |…
1 Nov 2003
Submissions
d) England only. Table 5: Population and Household Growth. Average annual percentage rate. ... Table 6: Interest Rates, Household Debt and House Prices. 1983–1987. 1997–2003.
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-productivity-commission-on-first-home/tables.html
Deposit Market | Submission to the inquiry into Competition in the Banking and Non-Banking Sectors – July 2008 | Financial Sector |…
10 Jul 2008
Submissions
Most offer a tiered interest-rate structure, with interest rates rising with the account balance. ... These accounts typically offer an interest rate that is around the cash rate.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-in-banking-and-non-banking-sector/deposit-market.html
Deposits, Mortgages and SME Lending | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
Banks also attracted deposits by increasing interest rates (Graph 21). The average interest rate paid on deposits relative to the cash rate rose by around 2 percentage points from their level ... prior to the crisis, to be just below the level of the
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/deposits-mortgages-and-sme-lending.html
Overview | Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector – May 2012 | Financial Sector | Submissions
1 May 2012
Submissions
Higher funding costs for financial intermediaries have led to higher loan rates relative to the cash rate. ... This realignment of funding costs and lending rates, relative to the cash rate, has occurred at various stages over the past five years.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-post-gfc-banking-sector-2012/overview.html
Recent Influences on the Competitive Environment | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector |…
6 Sep 2017
Submissions
They therefore developed a low-cost business model using securitisation funding and mobile lenders, which enabled them to undercut banks' mortgage rates (RBA 2014b). ... In the 1990s, the entry of foreign banks into the online deposit market saw a rise
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/recent-influences-on-the-competitive-environment.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
This study provided particular insight into the use of cash by consumers for transaction purposes. ... In practice, the schemes have set a large number of different interchange fee rates for different types of transactions, with the weighted average
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html