The benchmark interest rate in Australia was last recorded at 4.10 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Australia decreased to 10.63 percent in February from 10.79 percent in January of 2025. This dataset provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of the end of December 2024, the average mortgage interest rate for Australian owner-occupier borrowers was around 6.1 percent. In comparison, the average investor interest rate was approximately 6.5 percent. These rates refer to outstanding housing loans from banks and registered financial corporations. New loans financed in that month had even higher interest rates, at 6.2 percent for owner-occupiers and 6.5 percent for investors, respectively.

Australia Lending Rate: QTR: Large Business: Weighted Average: Credit Outstanding: Bills data was reported at 2.684 % pa in Sep 2019. This records a decrease from the previous number of 3.023 % pa for Jun 2019. Australia Lending Rate: QTR: Large Business: Weighted Average: Credit Outstanding: Bills data is updated quarterly, averaging 6.150 % pa from Dec 1993 (Median) to Sep 2019, with 104 observations. The data reached an all-time high of 9.337 % pa in Mar 1995 and a record low of 2.684 % pa in Sep 2019. Australia Lending Rate: QTR: Large Business: Weighted Average: Credit Outstanding: Bills data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard data was reported at 5.098 % pa in Jul 2020. This stayed constant from the previous number of 5.098 % pa for Jun 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard data is updated monthly, averaging 5.794 % pa from Aug 2015 (Median) to Jul 2020, with 60 observations. The data reached an all-time high of 5.944 % pa in May 2019 and a record low of 5.098 % pa in Jul 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M003: Lending Rate.

Australia Lending Rate: Personal Loans: Revolving Credit: Home Equity Loans data was reported at 6.198 % pa in Feb 2020. This stayed constant from the previous number of 6.198 % pa for Jan 2020. Australia Lending Rate: Personal Loans: Revolving Credit: Home Equity Loans data is updated monthly, averaging 7.220 % pa from Jan 1991 (Median) to Feb 2020, with 350 observations. The data reached an all-time high of 16.000 % pa in Apr 1991 and a record low of 5.606 % pa in Aug 2015. Australia Lending Rate: Personal Loans: Revolving Credit: Home Equity Loans data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

Forecast: Bank Lending Interest Rate in Australia 2024 - 2028 Discover more data with ReportLinker!

A comparison of the Australian target cash rate and the overnight interbank lending rate shows that, after around a decade of being identical, the economic impact of the coronavirus (COVID-19) pandemic led to the actual overnight lending rate being lower than the Reserve Bank of Australia's target rate. This means that banks are lending to each other at lower rates than the "official" interest rate. One reason for this is the that the Reserve bank has made money available to banks in several new ways over this period (such as repo agreements where banks can pledge assets for short term funds), increasing liquidity in the banking system. As of May 2024, the overnight interbank cash rate and the target cash rate stood at 4.32 and 4.35 percent, respectively.

Graph and download economic data for Interest Rates, Discount Rate for Australia (INTDSRAUM193N) from Jul 1969 to Apr 2013 about Australia, interest rate, interest, and rate.

As at November 2024, the average fixed interest rate for a 1-year standard investor residential mortgage in Australia was 6.6 percent. In comparison, the average fixed rate for a 5-year standard mortgage was 6.6 percent.

Australia Lending Rate: Personal Loans: Unsecured Term Loans: Fixed data was reported at 12.464 % pa in Feb 2020. This records an increase from the previous number of 12.104 % pa for Jan 2020. Australia Lending Rate: Personal Loans: Unsecured Term Loans: Fixed data is updated monthly, averaging 13.500 % pa from Dec 1988 (Median) to Feb 2020, with 375 observations. The data reached an all-time high of 20.700 % pa in Feb 1990 and a record low of 10.900 % pa in May 1999. Australia Lending Rate: Personal Loans: Unsecured Term Loans: Fixed data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Australia (IR3TIB01AUM156N) from Jan 1968 to Feb 2025 about interbank, Australia, 3-month, yield, interest rate, interest, and rate.

As of November 2024, the average owner-occupier home loan interest rate was the highest in the Australian state of Western Australia, with an average rate of around 6.36 percent. In comparison, the average mortgage interest rate in Victoria was at around 6.26 percent.

Australia Lending Rate: Small Business: Variable: Residential Secured: Overdraft data was reported at 6.960 % pa in Feb 2020. This stayed constant from the previous number of 6.960 % pa for Jan 2020. Australia Lending Rate: Small Business: Variable: Residential Secured: Overdraft data is updated monthly, averaging 7.973 % pa from Apr 1996 (Median) to Feb 2020, with 287 observations. The data reached an all-time high of 11.850 % pa in Jun 1996 and a record low of 6.960 % pa in Feb 2020. Australia Lending Rate: Small Business: Variable: Residential Secured: Overdraft data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Bank Bills: Total for Australia (IR3TBB01AUA156N) from 1968 to 2023 about bills, Australia, 3-month, yield, interest rate, banks, interest, depository institutions, and rate.

Australia Lending Rate: Housing Loans: Banks: 3 Year Fixed data was reported at 6.030 % pa in Feb 2025. This records a decrease from the previous number of 6.080 % pa for Jan 2025. Australia Lending Rate: Housing Loans: Banks: 3 Year Fixed data is updated monthly, averaging 6.695 % pa from Sep 1990 (Median) to Feb 2025, with 414 observations. The data reached an all-time high of 15.500 % pa in Sep 1990 and a record low of 2.140 % pa in Apr 2021. Australia Lending Rate: Housing Loans: Banks: 3 Year Fixed data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

In December 2024, the average variable mortgage interest rate for owner-occupiers in Australia was 7.08 percent. That same month, the average owner-occupier fixed mortgage interest rate was around 0.6 percent lower than the average variable mortgage interest rate.

In 2019, the real interest rate in Australia decreased by 1.7 percentage points (-51.2 percent) compared to 2018. This was a significant decrease in the real interest rate. Real interest rate is the adjusted lending interest rate to remove the effects of inflation, as measured by the GDP deflator (implicit price deflator).Find more statistics on other topics about Australia with key insights such as deposit interest rate, domestic credit to the private sector as a share of GDP, and market capitalization of listed domestic companies as a share of GDP.

Australia Lending Rate: Small Business: Secured Business Loans: 3 Year Fixed data was reported at 4.084 % pa in Feb 2020. This records a decrease from the previous number of 4.104 % pa for Jan 2020. Australia Lending Rate: Small Business: Secured Business Loans: 3 Year Fixed data is updated monthly, averaging 7.504 % pa from Sep 1994 (Median) to Feb 2020, with 306 observations. The data reached an all-time high of 12.059 % pa in Dec 1994 and a record low of 4.084 % pa in Feb 2020. Australia Lending Rate: Small Business: Secured Business Loans: 3 Year Fixed data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M004: Lending Rate.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.