Search: Nominal interest rate
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RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
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.
Search Results
Statement by the Governor, Mr Bernie Fraser: Reduction in Interest Rates
23 Mar 1993
Media Releases
Announcement of reduction in the cash rate by 0.5 percent to 5.25 per cent
https://www.rba.gov.au/media-releases/1993/mr-93-05.html
Statement by the Governor, Mr Bernie Fraser: Monetary Policy
8 Jul 1992
Media Releases
Announcement of reduction in the cash rate by 75 basis points to 5.75 per cent
https://www.rba.gov.au/media-releases/1992/mr-92-18.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Apr 2000
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 5.75 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-08.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
3 Nov 1999
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1999/mr-99-11.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Nov 2003
Media Releases
Announcement of increase in the cash rate by 25 basis points to 5.0 per cent
https://www.rba.gov.au/media-releases/2003/mr-03-15.html
Monetary Policy
21 Feb 2001
Media Release
PDF
58KB
That monetarypolicy has been expansionary is quite clear from the rate of growth of borrowing, thelevel of interest rates in real and nominal terms, and developments in asset markets.This type ... It was never likely, however, that such low interest
https://www.rba.gov.au/media-releases/2000/pdf/mr-00-08.pdf
Statement by the Governor, Mr Bernie Fraser: Reduction in Interest Rates
30 Jul 1993
Media Releases
Announcement of reduction in the cash rate by 0.5 per cent to 4.75 per cent
https://www.rba.gov.au/media-releases/1993/mr-93-17.html
Statement by the Governor, Mr Bernie Fraser: Interest Rate Reductions
3 Sep 1991
Media Releases
Announcement of reduction in the cash rate by 1 percentage point to 9.50 per cent
https://www.rba.gov.au/media-releases/1991/mr-91-15.html
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
23 May 1997
Media Releases
Announcement of reduction in the cash rate from 6.0 per cent to 5.5 per cent
https://www.rba.gov.au/media-releases/1997/mr-97-10.html
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
30 Jul 1997
Media Releases
Announcement of reduction in the cash rate by 50 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1997/mr-97-15.html