Search: Nominal interest rate
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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
The Macroeconomic and Financial Environment
10 Mar 2007
FSR
– March 2007
world. Over this period, the world economy has grown at well above its long-run trend rate and both short- and long-term interest rates have been below average, and at ... advantage of the lower nominal interest rates of the past decade to substantially
https://www.rba.gov.au/publications/fsr/2007/mar/mac-fin-env.html
Financial Stability Review October 2018
6 Feb 2020
FSR
October 2018
PDF
2096KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/financial-stability-review-2018-10.pdf
Financial Intermediaries
10 Mar 2005
FSR
– March 2005
In addition, the fall in nominal interest rates has allowed households to take on a larger debt relative to their income, for any given debt-servicing burden. ... This is consistent with the high proportion of Australian bank lending that is contracted
https://www.rba.gov.au/publications/fsr/2005/mar/fin-intermed.html
The Global Financial Environment
4 Nov 2020
FSR
- October 2020
PDF
678KB
https://www.rba.gov.au/publications/fsr/2020/oct/pdf/01-global-financial-environment.pdf
The Global Financial Environment
20 Oct 2016
FSR
– October 2016
In the major advanced economies, banking system profitability remains under pressure given low rates of nominal growth and the low interest rate environment. ... lower production costs (including the cost of debt service due to the current low interest
https://www.rba.gov.au/publications/fsr/2016/oct/global-fin-env.html
Household and Business Balance Sheets
10 Mar 2009
FSR
– March 2009
lower inflation and thus lower nominal interest rates. ... Despite this easing in business interest rates, the slowdown in business earnings over the past year has strained some firms' cashflows.
https://www.rba.gov.au/publications/fsr/2009/mar/house-bus-bal-sheet.html
Financial Stability Review - September 2010
8 Oct 2010
FSR
- September 2010
PDF
1064KB
https://www.rba.gov.au/publications/fsr/2010/sep/pdf/0910.pdf
The Macroeconomic and Financial Environment
10 Sep 2004
FSR
– September 2004
Foremost amongst these is the decline in nominal interest rates that has accompanied lower inflation. ... interest rates, and that further significant increases risked pushing prices to unsustainable levels.
https://www.rba.gov.au/publications/fsr/2004/sep/mac-fin-env.html
Household and Business Finances in Australia
18 Nov 2022
FSR
- October 2021
PDF
1061KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/02-household-business-finances-in-australia.pdf
Financial Stability Review April 2019
10 Feb 2020
FSR
April 2019
PDF
3192KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/financial-stability-review-2019-04.pdf