The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the homogeneous central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The OCR cannot be changed by transactions between financial institutions as this does not change the supply of money, only its location. Only transfers between the central bank and an institution can affect the OCR. As banks settle all inter-bank transfers overnight, the central bank can regulate the rate paid for cash by the sale or buy back of bonds and other government issued securities (these are known as domestic market operations). As the sale or purchase of bonds affects the supply of money, then the interest rate will change to reflect its availability. This system indirectly influences the term structure of interest rates in the whole economy. Changes to the official cash rate generally affect the rates on housing and other loans within a matter of days or weeks. Under the Australian system the Reserve Bank of Australia issues its dealing intentions at the start of each day, and banks and other financial institutions will act prior to the actual rate being achieved. The rate is set by the central banks regularly, usually every month in Australia and every six weeks in New Zealand and forms one of the main tools to manage monetary policy. (Wikipedia).
Understanding Simple Interest and Compound Interest
Thanks to all of you who support me on Patreon. You da real mvps! $1 per month helps!! :) https://www.patreon.com/patrickjmt !! Understanding Simple Interest and Compound Interest - In this video I try to make clear the difference between simple interest and compound interest!
From playlist Financial Math
From playlist Personal Finance
Ex: Find the Sale Tax Percentage
This video explains how to determine the sales tax percent given the amount paid and the sale price. Search Complete Library at http://www.mathispower4u.wordpress.com
From playlist Percent Applications
Federal Tax Basics - Medicare Taxes
In this video, we cover the basics of medicare taxes.
From playlist Personal Finance
Annual Percentage Rate (APR) and Effective APR
The difference between APR and effective APR
From playlist Finance
From playlist MATH 1324: Finite Mathematics
Effective Interest Rate (Effective Yield)
This video shows how to derive the effective interest rate formula for compounded and continuous interest. It also provides two examples on how to calculate effective interest rate. Site: http://mathispower4u.com Search: http://mathispower4u.wordpress.com
From playlist Finance: Simple and Compounded Interest
How open market operations effect the rate at which banks lend to each other overnight. More free lessons at: http://www.khanacademy.org/video?v=IniG1KkPS2c
From playlist Banking and Money
Excel Finance Class 28: Relationship Between APR, Period Rate and Effective Annual Rate
Download Excel File: https://people.highline.edu/mgirvin/YouTubeExcelIsFun/Busn233Ch05.xlsx Download pdf notes: https://people.highline.edu/mgirvin/YouTubeExcelIsFun/Ch05Busn233.pdf Download deductive proof pdf: https://people.highline.edu/mgirvin/YouTubeExcelIsFun/DeductiveProofAnnuityFor
From playlist Excel Finance Free Course at YouTube. Cash Flow Analysis and Model Building (110 Videos).
Sign up for Power Corridor using this link: https://bit.ly/3TbHNzN A number of things went wrong at Silicon Valley Bank over the last days, weeks and years, there were huge failures of risk management. The risk manager would have some tough questions to answer, except that it appears th
From playlist What is Happening In The Market?
Global Debt: Challenges for Political Governance and Financial Stability
The Whitney and Betty MacMillan Center for International and Area Studies at Yale concluded its month-long 10th anniversary celebration with two panel discussions on Thursday, April 28 in Henry R. Luce Hall Auditorium. This is the second panel. Ernesto Zedillo, professor in the field of in
From playlist The MacMillan Center
The Panama Papers: Behind the Scheme (Crime Documentary) | Real Stories
A documentary feature film about the biggest global corruption scandal in history, and the hundreds of journalists who risked their lives to break the story. Facebook - https://www.facebook.com/RealStoriesChannel Instagram - @realstoriesdocs Twitter: https://twitter.com/realstoriesdocs C
From playlist Crime Documentaries
Financial Markets (2011) (ECON 252) To begin the lecture, Professor Shiller explores the origins of central banking, from the goldsmith bankers in the United Kingdom to the founding of the Bank of England in 1694, which was a private institution that created stability in the U.K. financia
From playlist Financial Markets (2011) with Robert Shiller
Investing 101: Everything you Need to Know [Full Course]
Do you want to know how to invest like the Pros? Maybe you just want to be able to afford a house one day or retire early? Everyone has to get started somewhere - so in this Investing 101 course, we’re going to take you through everything that you need to know about investing. We’ll star
From playlist Concerning Finance
The Jokes Wear Thin as Inflation Becomes Normal (SOB Episode 491) (Re-release)
“We’re in the upside-down world. The time value of money is negative. Debts are assets and revenue streams are liabilities.” Join hosts Adam B. Levine, Stephanie Murphy, Jonathan Mohan and Andreas M. Antonopoulos for a wide-ranging conversation about the current realities of inflation. T
From playlist Podcast: Speaking of Bitcoin
Coronavirus: How to prepare for a global pandemic
Prepare yourself for an outbreak with logic and reason - this is a security tutorial for pandemic preparedness. Support me through Patreon: https://www.patreon.com/thehatedone - or donate anonymously: Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrM
From playlist Analyses
Evergrande Makes Bond Payment!
Evergrande The Troubled Chinese Real Estate Developer has remitted the funds for a key interest payment that was due Sept. 23 — ahead of a 30-day grace period that ends Saturday, Chinese state media Securities Times said Friday. That will allow the indebted Chinese property developer to s
From playlist What is Happening In The Market?
The Rather Pathetic Economy of Russia | Economics Explained
This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube
From playlist Countries Economies Explained
Ex: Find the Percent of an Amount - Sale Tax
This video explains how to solve a percent problem by determining the percent of a number. http://mathispower4u.com
From playlist Percent Applications