Search: interest rate
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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Domestic Financial Conditions
10 May 2018
SMP
– May 2018
Hence the interest rate spread between major banks' lending rates and overall debt funding costs is estimated to have narrowed recently, though it remains higher than a few years ago. ... Graph 3.9. Table 3.1 Intermediaries' Fixed and Variable Lending
https://www.rba.gov.au/publications/smp/2018/may/domestic-financial-conditions.html
Box C: Do Borrowers with Older Mortgages Pay Higher Interest Rates?
6 Feb 2020
SMP
– February 2020
For variable-rate mortgages, older loans typically have higher interest rates than new loans, even for borrowers with similar characteristics. ... The difference in interest rates between new and outstanding variable-rate home loans increases with the
https://www.rba.gov.au/publications/smp/2020/feb/box-c-do-borrowers-with-older-mortgages-pay-higher-interest-rates.html
Domestic Financial Markets and Conditions
10 Feb 2007
SMP
– February 2007
One of the features of housing interest rates over recent years has been lenders' tendency to discount, relative to the indicator rate, the actual rate that borrowers pay. ... Interest rates on fixed-rate loans did not rise as much as those on
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html
International and Foreign Exchange Markets
10 May 2007
SMP
– May 2007
These include the fact that inflation and interest rates remain low in Japan. ... Market expectations of a domestic interest rate increase have at times also supported the currency.
https://www.rba.gov.au/publications/smp/2007/may/intl-fx-mkts.html
The International Environment
4 Nov 2022
SMP
– November 2022
There is significant uncertainty around the level of interest rates that will be needed to achieve that. ... Graph 1.11. Growth in other domestic expenditure has moderated but so far remains positive in the face of rising interest rates and falling real
https://www.rba.gov.au/publications/smp/2022/nov/the-international-environment.html
Domestic Financial Markets and Conditions
10 May 2007
SMP
– May 2007
Long-term interest rates have also fluctuated but shown little net change since the last Statement (Graph 54). ... Covenant-lite loans pay a slightly higher interest rate in return for fewer loan covenants (such as maximum debt-to-earnings multiples and
https://www.rba.gov.au/publications/smp/2007/may/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 Nov 2006
SMP
– November 2006
From the time of the August tightening of monetary policy, financial markets generally held the view that it was more likely than not that official interest rates would be increased again. ... Following the August (and May) tightening, most lenders also
https://www.rba.gov.au/publications/smp/2006/nov/dom-fin-mkts.html
Economic Outlook
6 Dec 2023
SMP
- August 2023
PDF
639KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/05-economic-outlook.pdf
Domestic Financial Conditions
6 Feb 2020
SMP
– February 2020
Consistent with the low level of the cash rate, banks' funding costs are at historically low levels, as are housing and business interest rates. ... Table 3.1: Average Outstanding Housing Rates. December 2019. Interest rate. Per cent. Change since May
https://www.rba.gov.au/publications/smp/2020/feb/domestic-financial-conditions.html
Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
This aligns the nature of the rates for their funding with those of their assets (which consist largely of variable interest rate loans). ... Table 3.2 Intermediaries' Fixed and Variable Lending Rates. Interest rate. Change since August 2017.
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html