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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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RBA: Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates August 2015-Graph 6

Submissions
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/graphs/graph-06.html

7 March 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Mar 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html

RBA: Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates August 2015-Graph 19

Submissions
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/graphs/graph-19.html

2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

RBA: Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates August 2015-Graph 18

Submissions
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/graphs/graph-18.html

RBA: Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates August 2015-Graph 11

Submissions
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/graphs/graph-11.html

2 May 2023 | Minutes of the Monetary Policy Meeting of the Board

16 May 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html

RBA: Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates August 2015-Graph 7

Submissions
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/graphs/graph-07.html

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

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates - ATM Fees | Submission to the Inquiry into the…

27 Aug 2015 Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... Average direct charges on balance enquiries are lower than withdrawals, at $2.15, but they have risen at a somewhat faster rate – 33 cents or 18 per cent since
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/atm-fees.html