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RBA Glossary definition for Real interest rate

Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.

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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Retail Payments February 2022

7 Mar 2022 Statistics
37.0. 2.9. 1.6. 21.5. 2.8. of which: Balances accruing interest. 18.0. ... 21.4. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to the New Payments Platform and cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2022/retail-payments-0222.html

Retail Payments December 2021

7 Feb 2022 Statistics
37.2. 5.4. -2.6. -20.6. -4.3. of which: Balances accruing interest. 18.2. ... 23.4. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-1221.html

Retail Payments November 2021

12 Jan 2022 Statistics
37.9. 2.2. 5.4. 21.5. 2.2. of which: Balances accruing interest. 18.2. ... 21.5. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-1121.html

Retail Payments October 2021

8 Nov 2021 Statistics
35.9. 1.1. 0.9. 23.7. 5.2. of which: Balances accruing interest. 18.4. ... 22.5. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-1021.html

Retail Payments September 2021

8 Nov 2021 Statistics
35.2. 1.7. 1.2. 23.3. 7.9. of which: Balances accruing interest. 18.9. ... 22.9. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0921.html

Retail Payments August 2021

7 Oct 2021 Statistics
35.5. –5.7. –1.6. –23.8. –7.2. of which: Balances accruing interest. 19.3. ... 19.7. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0821.html

Retail Payments July 2021

7 Sep 2021 Statistics
36.1. 1.0. 6.0. 22.9. 6.9. of which: Balances accruing interest. 20.0. ... 22.7. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0721.html

Retail Payments June 2021

9 Aug 2021 Statistics
38.6. 0.5. -0.8. -20.8. -4.1. of which: Balances accruing interest. 20.5. ... 17.9. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0621.html

Retail Payments May 2021

7 Jul 2021 Statistics
38.9. 0.1. 0.4. 20.9. 3.1. of which: Balances accruing interest. 20.6. ... 13.4. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0521.html

Retail Payments April 2021

7 Jun 2021 Statistics
38.6. 0.5. 0.2. 18.8. 6.5. of which: Balances accruing interest. 20.6. ... 12.8. Source: RBA. All levels and growth rates are seasonally adjusted, except for those relating to the New Payments Platform and cards on issue.
https://www.rba.gov.au/statistics/frequency/retail-payments/2021/retail-payments-0421.html