Search: Nominal interest rate
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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Resilience of Australian Households and Businesses
22 Mar 2024
FSR
– March 2024
Resilience of Australian Households and Businesses | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/resilience-of-australian-households-and-businesses.html
Australia's Inflation Target | Explainer | Education
22 Mar 2024
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/australias-inflation-target.html
Australia's Inflation Target
22 Mar 2024
PDF
163KB
For example, in response to a sharp decline in aggregate demand, it may be the case that monetary policy should be set such that real interest rates become negative. ... Having a very low inflation target (so that actual inflation is close to zero) makes
https://www.rba.gov.au/education/resources/explainers/pdf/australias-inflation-target.pdf
Videos | Education
19 Mar 2024
We set the official interest rate for Australia, which is called the cash rate. ... This rate directly influences the interest rates on savings and loans; it ensures that prices for goods and services don't rise too quickly.
https://www.rba.gov.au/education/resources/videos.html
An Economic Update
15 Mar 2024
PDF
2089KB
20. %China – GDPGrowth. Year-ended(real). Year-ended(nominal). Quarterly(real). Quarterlydata are seasonallyadjusted, RBA estimates prior toDecember quarter 2010. ... Trimmed mean. Excludes interest charges prior to the September quarter 1998;adjusted
https://www.rba.gov.au/education/professional-development/pdf/2018-teacher-immersion-event-economic-update.pdf
The Australian Economy and Financial Markets
14 Mar 2024
Chart Pack
PDF
5787KB
The Australian Economy and Financial Markets - March 2024
https://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf
Changes to Statistical Tables
14 Mar 2024
Statistics
Table F7 – Business lending rates – will present average business lending rates by business size (small, medium, and large) and interest rate type. ... Table F8 – Personal lending rates – will present average interest rates for various types of
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
Exchange Rates
14 Mar 2024
PDF
2063KB
2018 Teacher Immersion Event
https://www.rba.gov.au/education/professional-development/pdf/2018-teacher-immersion-event-exchange-rates-from-the-bank.pdf
5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board
20 Feb 2024
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html
RBAFOI-232430 - documents for release
19 Feb 2024
PDF
857KB
documents between 1 July and 3 November 2020 detailing costs, benefits or risks of the Bank buying large volumes of Government Bonds
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232430.pdf