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RBA Glossary definition for overnight loans
overnight loans – Loans, which are recallable, repayable or renegotiable the next day, usually by 11.00 am.
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The Impact on Financial Markets
1 Jul 1997
RDP
9703
The panels in Figure 1 show daily observations of the overnight interest rate for the period since the mid 1980s. ... Prior to July 1996, we have used banks' loans to authorised dealers as the measure of reserve balances.
https://www.rba.gov.au/publications/rdp/1997/9703/impact-financial-markets.html