Search: cash rate target

Sort by: Relevance Date
31–40 of 42 search results for cash rate target

RBA Glossary definition for cash rate target

cash rate target – As in most developed countries, the stance of monetary policy in Australia is expressed in terms of a target for an overnight interest rate. The rate used by the Reserve Bank of Australia is the cash rate (also known as the interbank overnight rate). When the Reserve Bank Board decides that a change in monetary policy should occur, it specifies a new target for the cash rate. A decision to ease policy is reflected in a new lower target for the cash rate, while a decision to tighten policy is reflected in a higher target.

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.

Search Results

Submission on Data Sharing and Release Legislation

18 Oct 2018 Submissions PDF 207KB
This  could  apply  to  the  Bank’s  dealing  with  individual  counterparties  in  financial markets, including the Open Market Operations used to keep the Bank’s policy  interest rate at the  target 
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf

Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector (May 2012)

1 Jun 2012 Submissions PDF 1243KB
Senate Economics References Committee
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-post-gfc-banking-sector-2012/pdf/inquiry-post-gfc-banking-sector-2012.pdf

Submission to the Inquiry into access for Small and Medium Business to Finance

7 Feb 2011 Submissions PDF 117KB
Access for Small and Medium Business to Finance
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-access-for-small-and-medium-business-to-finance-2011/pdf/inquiry-access-for-small-and-medium-business-to-finance-2011.pdf

Supplementary Submission to the Financial System Inquiry August 2014

26 Aug 2014 Submissions PDF 339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf

Submission to the 16th Series Review of the Consumer Price Index

16 Mar 2010 Submissions PDF 189KB
Consumer Price Index
https://www.rba.gov.au/publications/submissions/labour-market-and-inflation/16th-series-review-of-cpi/pdf/16th-series-review-of-cpi.pdf

Application for Interim Authorisation in Relation to a Joint Communications Strategy for PIN@POS - 19 July 2013

2 Sep 2013 Submissions PDF 963KB
Personal Identification Number at Point of Sale (PIN@POS)
https://www.rba.gov.au/publications/submissions/payments-system/pdf/applications-for-authorisation-re-pin@pos-2013-07.pdf

International Comparisons of Bank Margins - August 1994

18 Jun 2004 Submissions PDF 166KB
average interest rate charged for loans and the average interest rate paid on deposits. ... b) “Marginal” measures. 11. Sometimes a representative loan rate and a representative deposit rate are compared, such as the gap between the business
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/pdf/international-comparisons-of-bank-margins.pdf

Banking Industry.indd

7 Jun 2004 Submissions PDF 522KB
rates. Rates on Certifi cates of Deposit and bank bills, for example, reached 25 per cent in June 1974 and 23 per cent in April 1982 - higher than comparable rates in ... b) Interest rate volatility. 25. Interest rates have fl uctuated within wide limits
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/pdf/inquiry-australian-banking-industry.pdf

International Comparisons of Bank Branches -- An Update - April 1998

15 Jun 2004 Submissions PDF 198KB
4. Access through Automated Teller Machines (ATMs). Graph 4 shows the growth in electronic access to payment and some other banking services through ATMs and cash dispensers. ... As in the case of ATMs, the number of EFTPOS terminals per capita has grown
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-branches/pdf/international-comparisons-of-bank-branches.pdf

Submission to the Inquiry into the Reserve Bank Amendment (Australian Reconstruction and Development Board) Bill 2013

13 Feb 2014 Submissions PDF 188KB
Senate Economics Legislation Committee
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-rba-amendment-australian-reconstruction-development-board-bill-2013/pdf/inquiry-rba-amendment-australian-reconstruction-development-board-bill-2013.pdf