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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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
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
News and Interest Rate Expectations: A Study of Six Central Banks
27 Nov 2006
Conferences
PDF
206KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/connolly-kohler.pdf
When the US Sneezes, Do We Need to Catch a Cold? Historical and Future Linkages between the Australian and US Business Cycles | Conference…
11 Jul 2005
Conferences
1960s. 1970s. 1980s. 1990s. 2000s. Mean. Cash rate. 6.18. 3.85. 6.85. ... Australian variable. Sup-Wald test. p-value. Likely break date. Conditional mean. Cash rate.
https://www.rba.gov.au/publications/confs/2005/crosby-bodman.html
Capital Flows, Hedge Funds and Market Failure: A Hong Kong Perspective
7 Dec 2006
Conferences
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37KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/yam.pdf
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
Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
One answer is openness. With greater openness the exchange rate's effect on prices and activity increases in relation to that of interest rates. ... The adoption of the official cash rate regime has been associated with a small dampening of interest-rate
https://www.rba.gov.au/publications/confs/2001/mccauley.html
The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
However, the rise in the debt-to-income ratio during the past six years is much larger than can be explained by the decline in the saving rate. ... Thus, the average interest rate on household debt responds gradually to shifts in market rates.
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html
The Australian Labour Market in the 1990s | Conference – 2000
21 Jun 1990
Conferences
If growth continues strongly, the Bank may have to raise interest rates further to dampen inflation. ... Further, the labour force participation rate has not grown much in this long expansion period.
https://www.rba.gov.au/publications/confs/2000/dawkins.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