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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Statement by the Reserve Bank Board: Monetary Policy Decision
19 Mar 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html
Statement by the Reserve Bank Board: Monetary Policy Decision
6 Feb 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-01.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
5 Dec 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-35.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
7 Nov 2023
Media Releases
At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-30.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
3 Oct 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-25.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Sep 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-23.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Aug 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Jul 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-16.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Jun 2023
Media Releases
It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent. ... The combination of higher interest rates and cost-of-living pressures is leading to a substantial slowing in household spending.
https://www.rba.gov.au/media-releases/2023/mr-23-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 May 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-10.html