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RBA Glossary definition for Real interest rate

Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.

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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The Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
real interest rate, it corresponded with a period of expected real U.S. ... The large fall in real interest rates in 1987/88 coincided with the strongly appreciating real exchange rate.
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html

Conclusion

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
The first is that the adjustment has been partly offset by Ricardian-type fall in private saving, and strong investment growth partly induced by the fall in long real interest rates ... Any remaining spillover into an improvement in the balance of
https://www.rba.gov.au/publications/rdp/1990/9002/conclusion.html

Appendix B: Expected Inflation

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Download the Paper 1.2. MB. The calculation of real interest rates requires the estimation of a series for expected inflation.
https://www.rba.gov.au/publications/rdp/1990/9002/appendix-b.html

Interpreting the Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Our measure of real interest rates relevant for saving decision is problematic because, as we stressed above, the rate of return to capital was positive during the 1970s and therefore the ... The result would be lower real interest rates and a
https://www.rba.gov.au/publications/rdp/1990/9002/interpreting-the-australian-experience.html

References

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Morling, S.R.(1990), “Two Studies on Interest Rates”, Reserve Bank of Australia, unpublished paper. ... Smith, J. and D. Gruen (1989), “A Random Walk Around the $A: Expectations, Risk, Interest Rates and Consequences for External Balance”,
https://www.rba.gov.au/publications/rdp/1990/9002/references.html

Appendix C: Data Sources

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Catalogue no. 5501.0, Table 12. Interest RateInterest rate on 90-Day Bank Accepted Bills, RBA Bulletin database. ... Catalogue No. 5501.0, Table 12. U.S. Interest RateInterest rate on 90-Day Bank Bills, Citibase database.
https://www.rba.gov.au/publications/rdp/1990/9002/appendix-c.html