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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Developments in Banks' Funding Costs and Lending Rates
17 Mar 2016
Bulletin
– March 2016
This article updates previous Reserve Bank research on how developments in the composition and pricing of banks' funding have affected their overall cost of funds and influenced lending rates. Major banks' outstanding funding costs fell notably in
https://www.rba.gov.au/publications/bulletin/2016/mar/3.html
Statement on Monetary Policy
10 Feb 2005
Bulletin
– February 2005
Rising household wealth and still low interest rates have also provided a boost to consumption. ... Against this backdrop, the Federal Reserve has continued the process of normalising interest rates, lifting the federal funds rate by 25 basis points at
https://www.rba.gov.au/publications/bulletin/2005/feb/1.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction
8 May 2024
Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... very high, lower-rate cards are widely available, as are balance-transfer arrangements where issuers offer zero or low interest rates for a defined period of time.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit
8 May 2024
Submissions
The Bank publishes data on average advertised credit card interest rates for ‘standard’ and ‘low-rate’ cards. ... These data are average advertised (ongoing) interest rates rather than the average interest rate actually paid by all holders of
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References
8 May 2024
Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... Tellez E (2015), ‘Developments in Banks’ Funding Costs and Lending Rates’, RBA Bulletin, March, pp 55–61.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html
Consumer Credit and Household Finances
10 Jun 1999
Bulletin
– June 1999
3.80. Cash rate. 4.75. 2.75. The structure of interest rates on personal loans reflects the degree of risk taken by the lender. ... The decline in interest rates on credit cards in recent years has been less than on other household loan products, and
https://www.rba.gov.au/publications/bulletin/1999/jun/2.html
Statement on Monetary Policy
10 Nov 2003
Bulletin
– May 2003
At that time, the rise was largely driven by expectations that other countries would cut interest rates further due to weak growth. ... months. Selling of Treasury securities by holders of mortgage-related debt, in order to hedge their increasing interest
https://www.rba.gov.au/publications/bulletin/2003/nov/1.html
Developments in Banks' Funding Costs and Lending Rates
18 Mar 2021
Bulletin
– March 2021
Banks' funding costs declined to historical lows over 2020, reflecting the monetary policy measures announced by the Reserve Bank.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-banks-funding-costs-and-lending-rates.html
Household Debt: What the Data Show
10 Mar 2003
Bulletin
– March 2003
on the debt to income ratio independent of the interest rate effect described above. ... of the reduction provided by the fall in short-term interest rates throughout the economy.
https://www.rba.gov.au/publications/bulletin/2003/mar/1.html