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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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Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
While we believe that the loss rates of paper banknotes serves as a reasonable indicator for the loss rate of polymer banknotes, there are some important reasons why they may differ. ... Thus, broadly speaking, only the transactional stock of banknotes
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html

The Shadow Economy

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
issue. There exists a branch of literature which estimates shadow economy cash demand by assuming that all growth in outstanding banknotes, from some initial date and above some baseline growth rate ... that legal cash hoarding likely accounts for much
https://www.rba.gov.au/publications/rdp/2018/2018-12/the-shadow-economy.html

Cash Used in Legitimate Transactions

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Thus, broadly speaking, only the transactional stock of banknotes passes through cash depots, and the rate at which banknotes pass through depots is an indication of transactional cash use. ... For retail sales and card payments to be good proxies,
https://www.rba.gov.au/publications/rdp/2018/2018-12/cash-used-in-legitimate-transactions.html

Lost Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
the estimated loss rate for these denominations will continue to gradually fall over coming years. ... While we believe that the loss rates of paper banknotes serves as a reasonable indicator for the loss rate of polymer banknotes, there are some
https://www.rba.gov.au/publications/rdp/2018/2018-12/lost-banknotes.html