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19 Mar 2020
Bulletin
– March 2020
Susan Black, Dmitry Titkov and Lydia Wang
Banks’ funding costs declined over 2019, driven by reductions in the cash rate.
https://www.rba.gov.au/publications/bulletin/2020/mar/developments-in-banks-funding-costs-and-lending-rates.html
10 Feb 2023
SMP
– February 2023
In turn, BBSW rates were driven by both actual and expected increases in the cash rate. ... variable reference rates (and hence the cash rate) up to December (the latest available data) (Table 3.2).
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
15 Dec 2016
Bulletin
– December 2016
Al Hing, Gerard Kelly and David Olivan
The cash market is the market for unsecured, overnight loans between banks. The weighted average of interest rates on these loans is the cash rate, the Reserve Bank's operational target for monetary policy and an important financial benchmark. Over
https://www.rba.gov.au/publications/bulletin/2016/dec/4.html
4 Nov 2022
SMP
– November 2022
Up to October, lenders have passed on the cash rate increases in full to reference rates for variable-rate housing and business borrowers. ... These increases have been underpinned by rising BBSW rates, reflecting actual and prospective increases in the
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html
10 Jun 2003
Bulletin
– June 2003
The cash rate is determined in the interbank market for unsecured overnight loans. ... The use of market rates to evaluate bids/offers at different maturities ensures that the Reserve Bank's own views about the forward path of the target cash rate have
https://www.rba.gov.au/publications/bulletin/2003/jun/1.html
8 May 2020
SMP
– May 2020
Banks have passed through a large share of the recent reductions in the cash rate to retail deposit rates (Graph 4.15). ... Several lenders, including the major banks, announced a rise in rates on selected term deposits following the second reduction in
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
9 Aug 2019
SMP
– August 2019
Banks have passed through most of the reductions in the cash rate to housing interest rates and to retail deposit rates. ... As is typical, however, the interest rates on transaction accounts (which are close to zero) did not change following the
https://www.rba.gov.au/publications/smp/2019/aug/domestic-financial-conditions.html
20 Sep 2018
Bulletin
– September 2018
Serena Alim and Ellis Connolly
Interest rate benchmarks are widely relied upon in global financial markets. They are referenced in contracts for derivatives, loans and securities.
https://www.rba.gov.au/publications/bulletin/2018/sep/interest-rate-benchmarks-for-the-australian-dollar.html
8 Nov 2019
SMP
– November 2019
Cumulatively, average mortgage rates paid would then have declined by almost the same amount as the cash rate has since mid year. ... Graph 3.11. Housing interest rates paid had already been drifting lower prior to the reductions in the cash rate and SVRs
https://www.rba.gov.au/publications/smp/2019/nov/domestic-financial-conditions.html
16 Mar 2017
Bulletin
– March 2017
Belinda Cheung
This article updates previous Reserve Bank research on the ways in which developments in the composition and pricing of banks' debt funding have affected their overall cost of funds and influenced lending rates. Major banks' outstanding funding
https://www.rba.gov.au/publications/bulletin/2017/mar/5.html