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.
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Statement by the Governor, Mr Bernie Fraser: Further Interest Rate Reductions
16 May 1991
Media Releases
Announcement of reduction in the cash rate by 1 percentage point to around 10.50 per cent
https://www.rba.gov.au/media-releases/1991/mr-91-08.html
Statement by the Governor, Mr Bernie Fraser: Further Reduction in Interest Rates
8 Jan 1992
Media Releases
Announcement of reduction in the cash rate by 1 percentage point
https://www.rba.gov.au/media-releases/1992/mr-92-03.html
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
11 Dec 1996
Media Releases
Announcement of reduction in the cash rate from 6.5 per cent to 6.0 per cent
https://www.rba.gov.au/media-releases/1996/mr-96-14.html
Statement by the Governor, Mr Bernie Fraser: Reduction in Interest Rates
31 Jul 1996
Media Releases
Announcement of reduction in the cash rate by 0.5 percent, to around 7 per cent
https://www.rba.gov.au/media-releases/1996/mr-96-09.html
Graph: Movements in Interest Rates
15 Jul 2002
Media Release
PDF
22KB
https://www.rba.gov.au/media-releases/1994/pdf/mr-94-21-attach.pdf
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
6 Nov 1996
Media Releases
Announcement of reduction in the cash rate by 0.5 of a percentage point to 6.5 per cent
https://www.rba.gov.au/media-releases/1996/mr-96-13.html
Statement by the Reserve Bank Board: Monetary Policy Decision
6 Feb 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-01.html
Statement by the Governor, Mr Ian Macfarlane: Australian Office of Financial Management Cross Currency Interest Rate Swaps
4 Mar 2002
Media Releases
Statement by the Governor on Cross Currency Interest Rate Swaps used by the Australian Office of Financial Management
https://www.rba.gov.au/media-releases/2002/mr-02-05.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
7 Nov 2023
Media Releases
At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-30.html
Statement by the Reserve Bank Board: Monetary Policy Decision
19 Mar 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html