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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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Determination of Cash Rates

1 Dec 1992 RDP 9214
Bob Rankin
In practice, it is the unofficial cash rate which is targeted by the Bank (though, as explained later, the unofficial and official cash rates are about equal). ... take action to keep cash rates close to the announced target rate r.
https://www.rba.gov.au/publications/rdp/1992/9214/determination-of-cash-rates.html

The Cash Market in Australia

1 Dec 1992 RDP 9214
Bob Rankin
Research Discussion Paper – RDP 9214 The Cash Market in Australia.
https://www.rba.gov.au/publications/rdp/1992/9214/

The Cash Market in Australia

1 Dec 1992 RDP 9214
Bob Rankin
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9214.html

Conclusion

1 Dec 1992 RDP 9214
Bob Rankin
Under this operating regime, cash rates have generally been within quite narrow bands around the announced target rates. ... for authorised dealers and the rediscount facility — should limit the scope for cash rates to rise.
https://www.rba.gov.au/publications/rdp/1992/9214/conclusion.html

Introduction

1 Dec 1992 RDP 9214
Bob Rankin
The analysis in the paper is based on the Reserve Bank's present approach to monetary policy in which it announces a target cash rate and operates to maintain rates close ... The weighted average of these two rates is called the official cash rate.
https://www.rba.gov.au/publications/rdp/1992/9214/introduction.html

Daily Equilibrium

1 Dec 1992 RDP 9214
Bob Rankin
But the Reserve Bank has announced targets for cash rates — in order to keep to that target rate, the Reserve Bank would remove the imbalance by stepping in to inject cash ... from a Government deficit) or from rediscounts by banks (if cash rates rose
https://www.rba.gov.au/publications/rdp/1992/9214/daily-equilibrium.html