Search: interest rate
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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Domestic Financial Markets and Conditions
7 Feb 2006
SMP
– February 2006
Domestic interest rates have moved in a narrow range over the past 12 months or so. ... One issue here is that lenders have become more aggressive in marketing loans with increased discounting of interest rates and lowering of credit standards.
https://www.rba.gov.au/publications/smp/2006/feb/dom-fin-mkts.html
Box C: Do Borrowers with Older Mortgages Pay Higher Interest Rates?
6 Feb 2020
SMP
– February 2020
For variable-rate mortgages, older loans typically have higher interest rates than new loans, even for borrowers with similar characteristics. ... The difference in interest rates between new and outstanding variable-rate home loans increases with the
https://www.rba.gov.au/publications/smp/2020/feb/box-c-do-borrowers-with-older-mortgages-pay-higher-interest-rates.html
Domestic Financial Markets and Conditions
10 Feb 2007
SMP
– February 2007
One of the features of housing interest rates over recent years has been lenders' tendency to discount, relative to the indicator rate, the actual rate that borrowers pay. ... Interest rates on fixed-rate loans did not rise as much as those on
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html
Domestic Financial Conditions
27 Nov 2018
SMP
– November 2018
Table 3.1 Intermediaries' Fixed and Variable Lending Rates. Interest rate Per cent. ... Graph 3.18. Table 3.3 Intermediaries' Fixed and Business Lending Rates. Interest rate Per cent.
https://www.rba.gov.au/publications/smp/2018/nov/domestic-financial-conditions.html
Domestic Financial Conditions
10 Feb 2019
SMP
– February 2019
Graph 3.9. Table 3.1 Intermediaries' Housing Lending Rates. December 2018. Interest rate Per cent. ... Graph 3.19. Table 3.3 Intermediaries' Business Lending Rates. December 2018. Interest rate Per cent.
https://www.rba.gov.au/publications/smp/2019/feb/domestic-financial-conditions.html
Domestic Financial Conditions
10 May 2018
SMP
– May 2018
Hence the interest rate spread between major banks' lending rates and overall debt funding costs is estimated to have narrowed recently, though it remains higher than a few years ago. ... Graph 3.9. Table 3.1 Intermediaries' Fixed and Variable Lending
https://www.rba.gov.au/publications/smp/2018/may/domestic-financial-conditions.html
International and Foreign Exchange Markets
7 Feb 2006
SMP
– February 2006
Policy interest rates in Japan have been at zero for more than five years now. ... 8. Source: Bloomberg. The US market rose less than most last year despite strong corporate earnings, possibly because of rising official interest rates (Graph 20).
https://www.rba.gov.au/publications/smp/2006/feb/intl-fx-mkts.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit
8 May 2024
Submissions
The Bank publishes data on average advertised credit card interest rates for ‘standard’ and ‘low-rate’ cards. ... These data are average advertised (ongoing) interest rates rather than the average interest rate actually paid by all holders of
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html
International and Foreign Exchange Markets
10 May 2007
SMP
– May 2007
These include the fact that inflation and interest rates remain low in Japan. ... Market expectations of a domestic interest rate increase have at times also supported the currency.
https://www.rba.gov.au/publications/smp/2007/may/intl-fx-mkts.html
In Brief: Statement on Monetary Policy – February 2024
6 Feb 2024
SMP
The Boards interest rate decision supports the gradual return of inflation to the midpoint of our 2–3 per cent target range. ... The Boards future decisions will depend upon the data and evolving risks, and a further increase in interest rates cannot
https://www.rba.gov.au/publications/smp/2024/feb/