Examples of Cash Rate in a sentence
We shall also be entitled to invoice You late payment interest equal to the Reserve Bank of Australia Cash Rate in force on the due date.
If our tax invoice is not paid within 30 days, we may charge you interest which will be at the Reserve Bank Cash Rate plus 2%.
Interest Charges Interest at the maximum rate prescribed in Rule 75 of the Legal Profession Uniform General Rules 2015 (“Uniform General Rules”) (being the Cash Rate Target set by the Reserve Bank of Australia plus 2%) will be charged on any amounts unpaid after the expiry of 30 days after a tax invoice is given to you.
Penalty Interest Rate (clause 5) Double the current Official Cash Rate (OCR).
The rate of interest will be two percentage points above the Cash Rate Target of the Reserve Bank of Australia.