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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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Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
The current low level of interest rates also makes holding cash relatively more attractive, due to the lower opportunity cost of holding physical cash (which earns no interest). ... In the Reserve Bank's view, it is in the national interest that the
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
lower interest rate or better features in general. ... individuals. For example, these services could: (i) conduct a detailed assessment using information collected under the CDR, (ii) make a recommendation regarding products that will reduce fees and/or
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Statement on Monetary Policy - May 2024

8 May 2024 SMP - May 2024 PDF 3509KB
https://www.rba.gov.au/publications/smp/2024/may/pdf/statement-on-monetary-policy-2024-05.pdf

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

Outlook

7 May 2024 SMP – May 2024
Outlook | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/outlook.html

Economic Conditions

7 May 2024 SMP – May 2024
Economic Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/economic-conditions.html

In Brief: Statement on Monetary Policy – May 2024

7 May 2024 SMP
Labour market conditions have eased but unemployment remains low. Earlier interest rate rises and weak spending by consumers is likely to weigh on economic growth this year. ... The path to return inflation to target will be bumpy. How interest rates
https://www.rba.gov.au/publications/smp/2024/may/

Statement on Monetary Policy

7 May 2024 SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/

Overview

7 May 2024 SMP – May 2024
Overview | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/overview.html

Statement on Monetary Policy – May 2024

7 May 2024 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2024/may/contents.html