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 Governor, Mr Bernie Fraser: Monetary Policy
8 Jul 1992
Media Releases
Announcement of reduction in the cash rate by 75 basis points to 5.75 per cent
https://www.rba.gov.au/media-releases/1992/mr-92-18.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
2010 BIS Triennial Survey Results – Australia
31 Aug 2010
Media Releases
At constant exchange rates turnover in OTC interest rate derivatives increased by 60 per cent. ... Table 4: Australian OTC Interest Rate Derivatives Turnover. (a)(b). Daily average turnover, US$ billion.
https://www.rba.gov.au/media-releases/2010/mr-10-19-tables.html
RBA/ESA Economics Competition Awards 2016
26 Sep 2016
Media Releases
The RBA has announced the winners of the 2016 RBA/ESA Economics Competition for undergraduate students. Students were asked to discuss economic policy options in a low interest rate environment.
https://www.rba.gov.au/media-releases/2016/mr-16-25.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
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Jul 2022
Media Releases
At its meeting, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Oct 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-33.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Aug 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-21.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Nov 2003
Media Releases
Announcement of increase in the cash rate by 25 basis points to 5.0 per cent
https://www.rba.gov.au/media-releases/2003/mr-03-15.html