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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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4.1 Financial Statements

19 Oct 2023 RBA Annual Report – 2023
Reserve Bank of Australia Annual Report – 2023 4.1 Financial Statements. For the year ended 30 June 2023. 96. KB. 104. KB. 114. KB. 111. KB. 107. KB. 101. KB. 366. KB. 132. KB. The materials on this webpage are subject to copyright and their use
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/

Our People

27 Oct 2022 RBA Annual Report – October 2022
There were no accepted workers compensation claims in 2021/22. The Reserve Banks Lost Time Injury Frequency Rate (number of lost time injuries per million hours worked) was 2.2 in ... Due to the tightening of the labour market, the resignation rate
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-people.html

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 358KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/banking-and-payment-services.pdf

Note 1 – Summary of Accounting Policies | Financial Statements

3 Aug 2000 RBA Annual Report – 2000
The RBA engages in interest rate futures and foreign currency swaps and has purchased call options. ... Interest rate futures, foreign currency swaps and call options are off-balance sheet items.
https://www.rba.gov.au/publications/annual-reports/rba/2000/fin-statements/note-1.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1962
This would not necessarily mean that all other rates would be changed by exactly the same amount as the maximum rate. ... The broad pattern of interest rates on these loans is to be consistent with overall interest rate policy as determined from time to
https://www.rba.gov.au/publications/annual-reports/rba/1962/monetary-policy.html

2.5 International Financial Cooperation

19 Oct 2023 RBA Annual Report – October 2023
International Financial Cooperation | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/international-financial-cooperation.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
This limits the ability of schemes to use interchange rates to incentivise issuers to shift away from issuing DNDCs. ... cash in the Australia economy and ensuring people have access to cash when they need it.
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

Reserve Bank of Australia Annual Report 2023

8 Feb 2024 RBA Annual Report - 2023 PDF 641KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/international-financial-cooperation.pdf

Reserve Bank of Australia Annual Report – 2013

16 Oct 2013 Annual Report
To meet the Board's cash rate target, the Bank operates in financial markets to maintain an appropriate level of exchange settlement balances (which are used by financial institutions to settle
https://www.rba.gov.au/publications/annual-reports/rba/2013/

Developments in the Payments System

11 Sep 2008 PSB Annual Report – 2008
Interest rates on credit cards rose substantially over 2007/08, reflecting, in part, a rise in the Reserve Bank's target cash rate and tighter funding conditions more generally (Graph 15). ... The average interest rate spread to the cash rate on
https://www.rba.gov.au/publications/annual-reports/psb/2008/dev-payments.html