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RBA Glossary definition for Real interest rate

Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.

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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1 November 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Nov 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 November 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-11-01.html

6 December 2022 | Minutes of the Monetary Policy Meeting of the Board

20 Dec 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 December 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-12-06.html

1 June 2021 | Minutes of the Monetary Policy Meeting of the Board

1 Jun 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 June 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-06-01.html

5 July 2011 | Minutes of the Monetary Policy Meeting of the Board

5 Jul 2011 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 July 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/05072011.html

4 July 2017 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-07-04.html

7 September 2021 | Minutes of the Monetary Policy Meeting of the Board

7 Sep 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-09-07.html

1 July 2008 | Minutes of the Monetary Policy Meeting of the Board

15 Jul 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 July 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/01072008.html

5 April 2011 | Minutes of the Monetary Policy Meeting of the Board

19 Apr 2011 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/05042011.html

5 October 2010 | Minutes of the Monetary Policy Meeting of the Board

19 Oct 2010 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 October 2010
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2010/05102010.html

7 October 2008 | Minutes of the Monetary Policy Meeting of the Board

21 Oct 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 October 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/07102008.html