Search: cash rate explained
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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Three Australian Asset-price Bubbles | Conference – 2003
18 Aug 2003
Conferences
Instead, assumptions about future dividend growth and interest rates need to be made. ... Furthermore, the low rental yields combined with high leverage meant that speculators were experiencing increasing cash flow problems.
https://www.rba.gov.au/publications/confs/2003/simon.html
Property Prices and Bank Risk-taking | Conference – 2012
20 Aug 2012
Conferences
Thus, rising prices helped interest rates remain low along the entire mortgage production chain. ... States) in the short run if banks are overexposed to interest rate risk.
https://www.rba.gov.au/publications/confs/2012/dellariccia.html
The Australian Financial System in the 2000s: Dodging the Bullet
13 Dec 2011
Conferences
PDF
1104KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/davis.pdf
Non-standard Employment and Wages in Australia
22 Jul 2019
Conferences
PDF
437KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-lass-wooden.pdf
Capital Flows, Hedge Funds and Market Failure: A Hong Kong Perspective
7 Dec 2006
Conferences
PDF
37KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/yam.pdf
Explaining Global Market Turmoil: A Fresh Perspective on its Origins and Nature | Conference – 1999
9 Aug 1999
Conferences
These include trade deficits, cumulated current account deficits, inflation differentials, interest rate differentials, safe-haven differentials, non-monetary policy differentials, etc. ... This is because life was very simple during the Bretton Woods
https://www.rba.gov.au/publications/confs/1999/brock.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
The most compelling example is provided by the market for residential mortgages, where the margin between the standard mortgage rate and the cash rate fell from a historically high 4 percentage ... When interest rates fell in 1990 and 1991, many of the
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Prudential Supervision | Conference – 1991
21 Jun 1991
Conferences
Too little attention was paid to the sufficiency of cash flows to support repayment. ... Initially, the rate of foreign bank entry would need to be carefully managed.
https://www.rba.gov.au/publications/confs/1991/thompson.html
Strategies for Controlling Inflation | Conference – 1997
21 Jul 1997
Conferences
Given conventional estimates of the interest elasticity of money and the real interest rate when inflation is zero, this cost is quite low for inflation rates less than 10 per cent, ... In contrast, the typical fixed or pegged exchange-rate regime does
https://www.rba.gov.au/publications/confs/1997/mishkin.html
Securitisation and the Commercial Property Cycle | Conference – 2012
20 Aug 2012
Conferences
The 1990 start date occurs after the bust in commercial property prices, when the high rates of completion were due to construction lags. ... Doing so imposes a discipline on management, in the sense that there is relatively little free cash flow
https://www.rba.gov.au/publications/confs/2012/packer-riddiough.html