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.
Search Results
Domestic Financial Conditions
10 Feb 2023
SMP
– February 2023
Interest rates on new variable-rate loans remain around 50 basis points lower than rates on outstanding variable-rate loans. ... Graph 3.22. Table 3.2: Average Outstanding Housing Rates. December 2022. Interest rate in Dec 2022.
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
Domestic Financial Conditions
4 Aug 2023
SMP
– August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html
The Australian Economy and Financial Markets
2 May 2024
Chart Pack
PDF
5792KB
The Australian Economy and Financial Markets - May 2024
https://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf
Expectations and the Neutrality of Interest Rates
27 Nov 2023
Conferences
PDF
477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf
Domestic Financial Conditions
6 May 2022
SMP
– May 2022
Interest rates on outstanding housing and business loans remained low, despite increases in interest rates on some new fixed-rate loans. ... Table 3.1: Average Outstanding Housing Rates. March 2022. Interest rate. (per cent). Change since Feb 2021.
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html
Economic Outlook
4 Nov 2022
SMP
– November 2022
However, high inflation and rising interest rates are raising the cost of living and will weigh on households income and spending in real terms. ... In particular, expectations for further increases in interest rates, rising construction costs and
https://www.rba.gov.au/publications/smp/2022/nov/economic-outlook.html
Developments in Financial Intermediation | Reserve Bank of Australia Annual Report - 1995
31 Dec 1995
Annual Report
With the jump in corporate leverage in the 1980s, corporate cash flows became much more sensitive to changes in nominal interest rates. ... of the margin between interest rates on standard variable-rate loans and short-term money market interest rates.
https://www.rba.gov.au/publications/annual-reports/rba/1995/develop-fin-inte.html
Discussion on The Smoothing of Official Interest Rates | Conference – 1997
21 Jul 1997
Conferences
However, worth noting at the outset is that the theoretical justification for penalising the change in the official short-term nominal interest rate in the loss function is not so clear. ... Does smoothing of official interest rates mean that the
https://www.rba.gov.au/publications/confs/1997/lindsey-disc.html
Note 1 – Summary of accounting policies | Financial Statements
30 Jun 1998
RBA Annual Report
– 1998
Interest rates are implicit in the swap contract but interest itself is not paid or received. ... Both interest rate futures and foreign currency swaps are off balance sheet items.
https://www.rba.gov.au/publications/annual-reports/rba/1998/fin-statements/note-1.html
Note 1 – Summary of Accounting Policies | Financial Statements
2 Sep 2003
RBA Annual Report
– 2003
The pricing of the swap must therefore reflect the interest rates applicable to these money market transactions. ... Interest rates are implicit in the swap contract but interest itself is not paid or received.
https://www.rba.gov.au/publications/annual-reports/rba/2003/fin-statements/note-1.html