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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 Philip Lowe, Governor: Monetary Policy Decision

2 Mar 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-03.html

Media Releases – 2020

31 Dec 2020 Media releases issued in 2020
https://www.rba.gov.au/media-releases/2020/

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Dec 2020 Media Releases
The Board views addressing the high rate of unemployment as an important national priority. ... The Bank's policy response has lowered interest rates across the yield curve, which will assist the recovery by: lowering financing costs for borrowers;
https://www.rba.gov.au/media-releases/2020/mr-20-32.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Nov 2020 Media Releases
a reduction in the interest rate on new drawings under the Term Funding Facility to 0.1 per cent. ... The combination of the RBA's bond purchases and lower interest rates across the yield curve will assist the recovery by: lowering financing costs for
https://www.rba.gov.au/media-releases/2020/mr-20-28.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Oct 2020 Media Releases
While infection rates have declined in some countries, they have increased in others. ... Bond yields are at historically low levels, as are interest rates for most businesses and households.
https://www.rba.gov.au/media-releases/2020/mr-20-24.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Sep 2020 Media Releases
At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-20.html

Preparation for LIBOR transition ‘Dear CEO’ letter feedback

8 Apr 2020 Media Release PDF 228KB
Media Release 2020-12
https://www.rba.gov.au/media-releases/2020/pdf/2020-12-public-feedback-preparation-for-libor-transition.pdf

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Mar 2020 Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Feb 2020 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-01.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Dec 2019 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-33.html