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RBA Glossary definition for Cash Rate

Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.

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The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
In the baseline models, the stance of monetary policy is measured by the cash rate target, as published in RBA statistical table F1 (Interest Rates and Yields – Money Market). ... Carroll et al 2017). Therefore, their discount rates may be relatively
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html

Introduction

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
The variation in price responses across regions also suggests that reductions in the cash rate increase housing wealth inequality. ... responsive to interest rate cuts due to a reduced ability to refinance mortgages.
https://www.rba.gov.au/publications/rdp/2020/2020-02/introduction.html

Robustness Tests

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
c. r. t. 1. is the quarterly lag of the cash rate level;. ... Substituting the monetary policy shocks. (. ε. t. m. ). in place for cash rate changes. (.
https://www.rba.gov.au/publications/rdp/2020/2020-02/robustness-tests.html