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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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5 November 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Nov 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 November 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html

5 February 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Feb 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 February 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-02-05.html

2 October 2018 | Minutes of the Monetary Policy Meeting of the Board

16 Oct 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 October 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-10-02.html

3 July 2018 | Minutes of the Monetary Policy Meeting of the Board

17 Jul 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 July 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-07-03.html

1 May 2018 | Minutes of the Monetary Policy Meeting of the Board

15 May 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 May 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-05-01.html

6 March 2018 | Minutes of the Monetary Policy Meeting of the Board

20 Mar 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 March 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-03-06.html

6 February 2018 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 February 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-02-06.html

3 October 2017 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-10-03.html

5 September 2017 | Minutes of the Monetary Policy Meeting of the Board

19 Sep 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-09-05.html

4 July 2017 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-07-04.html