The RBA Cash Rate is set by the Reserve Bank of Australia, and their regular board decisions impact the retail rates made available from lenders. Movements in the cash rate impact the variable rate, although available fixed rates will be set based on trending cash movements. Read about the various rate borrowing options here.

Inflation is an increase in the level of prices of the goods and services that households buy. It is measured as the rate of change of those prices. Typically, prices rise over time, but prices can also fall (a situation called deflation). Read more here.

Review daily cash rate conversions here.

Gold prices are determined in global wholesale markets, primarily through continuous trading on major exchanges and over-the-counter markets in London, New York, and Asia. The AM and PM close refer to the London gold price auctions, which occur twice each business day. The AM price is set during the morning auction and is often used as a reference for opening valuations, while the PM price is established in the afternoon and is widely used for end-of-day accounting, fund valuations, and benchmark reporting. All prices shown are based on one troy ounce of gold (31.1035 grams) at a standard purity of 99.5% or higher, which is the global benchmark for investment-grade gold. When converted into local currency or smaller weights, the underlying value remains anchored to this internationally recognised ounce price, adjusted only for exchange rates and unit conversion. Data shown is delayed by a day and is for information purposes only.