Bank Lending Rate in Australia remained unchanged at 10.01 percent in September. This dataset provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Lending Rate data was reported at 5.101 % pa in 2019. This records a decrease from the previous number of 5.261 % pa for 2018. Australia Lending Rate data is updated yearly, averaging 7.258 % pa from Dec 1959 (Median) to 2019, with 61 observations. The data reached an all-time high of 16.458 % pa in 1989 and a record low of 5.000 % pa in 1960. Australia Lending Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

The benchmark interest rate in Australia was last recorded at 3.60 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending interest rate (%) in Australia was reported at 5.101 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Australia Lending Rate: Small Business: Variable: Others: Overdraft data was reported at 10.510 % pa in Mar 2025. This records a decrease from the previous number of 10.630 % pa for Feb 2025. Australia Lending Rate: Small Business: Variable: Others: Overdraft data is updated monthly, averaging 9.960 % pa from Feb 1976 (Median) to Mar 2025, with 590 observations. The data reached an all-time high of 21.050 % pa in Dec 1989 and a record low of 6.510 % pa in Apr 2022. Australia Lending Rate: Small Business: Variable: Others: 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.

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 June 2025, the overnight interbank cash rate and the target cash rate stood at **** and **** percent, respectively.

In August 2025, the average variable mortgage interest rate for owner-occupiers in Australia was **** percent. That same month, the average owner-occupier fixed mortgage interest rate was around **** percent lower than the average variable mortgage interest rate.

Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard Interest Only data was reported at 5.360 % pa in Jul 2020. This stayed constant from the previous number of 5.360 % pa for Jun 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard Interest Only data is updated monthly, averaging 6.263 % pa from Apr 2017 (Median) to Jul 2020, with 40 observations. The data reached an all-time high of 6.415 % pa in May 2019 and a record low of 5.360 % pa in Jul 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Investor: Standard Interest Only 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.

As of the end of March 2025, the average mortgage interest rate for Australian owner-occupier borrowers was around *** percent. In comparison, the average investor interest rate was approximately *** percent. These rates refer to outstanding housing loans from banks and registered financial corporations. New loans financed in that month had even similar interest rates, at *** percent for owner-occupiers and *** percent for investors, respectively.

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

Australia Lending Rate: Housing Loans: Banks: 3 Year Fixed data was reported at 6.030 % pa in Mar 2025. This stayed constant from the previous number of 6.030 % pa for Feb 2025. Australia Lending Rate: Housing Loans: Banks: 3 Year Fixed data is updated monthly, averaging 6.690 % pa from Sep 1990 (Median) to Mar 2025, with 415 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.

Interest rate spread (lending rate minus deposit rate, %) in Australia was reported at 3.5427 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Lending interest rate of Australia decreased by 3.04% from 5.26 % in 2018 to 5.10 % in 2019. Since the 6.30% surge in 2011, lending interest rate sank by 34.07% in 2019. Lending interest rate is the rate charged by banks on loans to prime customers.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia (IRSTCI01AUM156N) from Aug 1990 to Aug 2025 about interbank, overnight, Australia, interest rate, interest, and rate.

Australia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 3.351 % pa in 2013. This records a decrease from the previous number of 3.481 % pa for 2012. Australia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 2.713 % pa from Dec 1995 (Median) to 2013, with 13 observations. The data reached an all-time high of 3.481 % pa in 2012 and a record low of 1.741 % pa in 2000. Australia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics database.;;

The interest rate of bank accepted bills/negotiable certificates of deposit for Australian banks has fallen slightly over the last decade. From a peak of around **** percent from late 2010 to late 2011, interest rates on three and six month bills/certificates had fallen to **** and **** percent respectively as of September 2021 . Notably, these rates were below the the official Reserve Bank of Australia (RBA) target cash rate of *** percent. Primarily, the reason for this is that the RBA was more concerned with ensuring banks have liquidity than intervening so that the cash rate is consistent with its target rate, and to this end RBA used new methods to inject funds into banks since the coronavirus (COVID-19) pandemic. As of May 2024, the interest rates on three and six month bills/certificates increased to **** and **** percent, respectively.

In 2019, the real interest rate in Australia amounted to **** percent. Between 1961 and 2019, the figure dropped by **** percentage points, though the decline followed an uneven course rather than a steady trajectory.

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.

The average for 2023 based on 5 countries was 7.66 percent. The highest value was in Vanuatu: 8.94 percent and the lowest value was in Fiji: 4.97 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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