Search: cash rate target

Sort by: Relevance Date
21–30 of 79 search results for cash rate target

RBA Glossary definition for cash rate target

cash rate target – As in most developed countries, the stance of monetary policy in Australia is expressed in terms of a target for an overnight interest rate. The rate used by the Reserve Bank of Australia is the cash rate (also known as the interbank overnight rate). When the Reserve Bank Board decides that a change in monetary policy should occur, it specifies a new target for the cash rate. A decision to ease policy is reflected in a new lower target for the cash rate, while a decision to tighten policy is reflected in a higher target.

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.

Search Results

List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
LCH.Clearnet Ltd. Clearing of OTC interest rate derivatives. $15 billion notional value. ... Sources: APCA; BPAY; RBA. Table 8.2: Selected Non-cash Payments By Country.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html

List of tables | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions

1 Jan 1991 Submissions
Download 523. KB. Table 2: Real Interest Rates. (short-term interest rates deflated by the change in CPI). ... Deposit Products. Beneficiaries. Cash Management Accounts. Customers who wish to earn ‘money market’ interest rates, without the need for
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/tables.html

Lending Rates | Submission to the Inquiry into Competition within the Australian Banking Sector – November 2010 | Financial Sector |…

30 Nov 2010 Submissions
Banks' interest rates on all of their loan products have risen relative to the cash rate since mid 2007 (Graph 17). ... 2007. The above changes have resulted in an increase in the spread between lending rates and the cash rate.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-within-australian-banking-sector-2010/lending.html

Submission to the Inquiry into Access of Small Business to Finance – March 2010 | Financial Sector | Submissions

24 Mar 2010 Submissions
From the late 1990s until 2007, banks’ adjusted their small business indicator rates mainly in response to changes in the cash rate. ... As the financial crisis unfolded and banks’ funding costs increased, all lending rates have risen relative to the
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-access-of-small-business-to-finance-2010/

List of tables | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions

6 Sep 1996 Submissions
Table A7: Superannuation Fund Earnings Rates. Average earning rate. Inflation rate. ... Table A8: Assets of Superannuation Funds. December 1995. $ billion. %. Cash and short-term bank instruments. 40.4. 14.5. Loans. 20.7. 7.4. Fixed interest.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/tables.html

Submission to the Inquiry into Affordable Housing–February 2014 | Housing and Housing Finance | Submissions

1 Feb 2014 Submissions
2007. The spread between variable mortgage rates and the Reserve Bank's cash rate has widened since the crisis, but this is almost entirely attributable to the increase in lenders' funding ... costs relative to the cash rate and is similar to the
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-affordable-housing/

The Role of the Financial Sector | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
Liquidity: a means of converting assets into cash without undue loss of value. ... market. From day to day, the Reserve Bank's goal is to manage supply to meet the system's demand for cash at the price – the interest rate – set by the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/role-of-financial-sector.html

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

8 May 2024 Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... Fees: including annual fees, over-limit fees, cash-advance fees, foreign currency conversion fees and late payment fees.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Submission to the Inquiry into Financial Related Crime – July 2014 | Financial Sector | Submissions

1 Jul 2014 Submissions
These figures reflect personal holdings by individuals, banknotes in ATMs or banknote acceptance machines, banknotes in cash registers, banknotes in financial institutions to meet daily customer demand and banknotes held in ... Meredith J, R Kenney and E
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-into-financial-related-crime-2014-07/

List of tables | Submission to the Productivity Commission Inquiry on First Home Ownership – November 2003 | Housing and Housing Finance |…

1 Nov 2003 Submissions
d) England only. Table 5: Population and Household Growth. Average annual percentage rate. ... Table 6: Interest Rates, Household Debt and House Prices. 1983–1987. 1997–2003.
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-productivity-commission-on-first-home/tables.html