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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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6 June 2017 | Minutes of the Monetary Policy Meeting of the Board

20 Jun 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 June 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-06-06.html

2 May 2017 | Minutes of the Monetary Policy Meeting of the Board

16 May 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-05-02.html

7 March 2017 | Minutes of the Monetary Policy Meeting of the Board

21 Mar 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-03-07.html

7 February 2017 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-02-07.html

1 November 2016 | Minutes of the Monetary Policy Meeting of the Board

15 Nov 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 1 November 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-11-01.html

6 December 2016 | Minutes of the Monetary Policy Meeting of the Board

15 Nov 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 6 December 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-12-06.html

6 September 2016 | Minutes of the Monetary Policy Meeting of the Board

20 Sep 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 6 September 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-09-06.html

2 August 2016 | Minutes of the Monetary Policy Meeting of the Board

16 Aug 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 2 August 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-08-02.html

7 June 2016 | Minutes of the Monetary Policy Meeting of the Board

21 Jun 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 7 June 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-06-07.html

5 April 2016 | Minutes of the Monetary Policy Meeting of the Board

19 Apr 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-04-05.html