Examples of Cash Rate in a sentence
In subregulation (2) — Cash Rate Target means the percentage (or maximum percentage) specified by the Reserve Bank of Australia as the Cash Rate Target;relevant date means the date the bill was issued by the law practice concerned.
Any amount not paid by the due date will incur interest at a rate of 5% above the Reserve Bank of Australia Cash Rate calculated daily and compounded monthly but in no circumstances will the interest charged exceed 20% per annum.
The rate is the rate that is equal to the Cash Rate Target as at the relevant date, increased by 2 percentage points.
A floating rate term deposit will be paid a rate of interest equal to the weighted average Cash Rate Target over the term of the term deposit plus the agreed Margin for that term deposit.
The rate is variable and is currently set at no less than 0.50% p.a. less than the Official Cash Rate.