Search: basis point

Sort by: Date Relevance
1–10 of 1,811 search results for basis point

RBA Glossary definition for basis point

basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.

Search Results

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
This submission makes a number of key points:. Inertia and coordination problems can hold back systemic innovation in networks such as payments. ... regulation to promote competition and access. helping to establish strategic objectives for the industry,
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
A reduction in interchange fees will change the starting point for negotiations but will not change the degree of competition. ... if it could obtain its own EFTPOS infrastructure and integrate it with the Woolworths point of sale system and networks.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
According to the applicants' submission, around half of cardholders do not currently use PIN authorisation at the point of sale. ... point-of-sale hardware upgrades), and more generally they can learn from the experiences of the other scheme.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
It is worth noting that, by international standards, Australia had a relatively high number of ATMs on a per capita basis in 2016. ... that their customers can continue to use them on a fee-free basis.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
The average level of interchange rates is subject to a Reserve Bank standard that requires that the weighted average of the schedule of rates does not exceed 50 basis points, with ... those not benefiting from strategic or other preferential rates) was
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market

8 May 2024 Submissions
schemes on the same basis as other authorised deposit-taking institutions (ADIs; banks, credit unions and others). ... Consumers who use their credit card relatively frequently may be attracted to cards offering rewards points and other benefits such as
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Bulletin

18 Apr 2024 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/

April | 2024

18 Apr 2024 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2024/apr/

Cash Rate Pass-through to Outstanding Mortgage Rates

18 Apr 2024 Bulletin – April 2024
Benjamin Ung
The interest rate paid by outstanding mortgage borrowers increased by around 320 basis points between May 2022 and December 2023, around 105 basis points less than the cumulative increase in the cash rate over this period.
https://www.rba.gov.au/publications/bulletin/2024/apr/cash-rate-pass-through-to-outstanding-mortgage-rates.html

Bank Funding and the Recent Tightening of Monetary Policy

18 Apr 2024 Bulletin – April 2024
Venura De Zoysa, Jessica Dunphy and Christopher Schwartz
Banks’ funding costs have risen substantially since early 2022, driven by increases in the cash rate.
https://www.rba.gov.au/publications/bulletin/2024/apr/bank-funding-and-the-recent-tightening-of-monetary-policy.html