Bank Lending Rate in Australia increased to 10.26 percent in February from 10.01 percent in January of 2026. This dataset provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

As of March 2025, the average variable mortgage interest rate for Australian owner-occupier borrowers with outstanding loans was around *** percent. In comparison, the average investor interest rate for outstanding loans was approximately *** percent. New loan interest rates for owner-occupiers and investors were slightly lower that month, at *** and *** percent, respectively.

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.

Australia: Real interest rate: Bank lending rate minus inflation: The latest value from 2019 is 1.58 percent, a decline from 3.33 percent in 2018. In comparison, the world average is 6.73 percent, based on data from 114 countries. Historically, the average for Australia from 1961 to 2019 is 3.5 percent. The minimum value, -6.02 percent, was reached in 1974 while the maximum of 10.09 percent was recorded in 1991.

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 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.;;

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.

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 March of 2026.

Key information about Australia Long Term Interest Rate

• Australia Government Bond Yield: Australian Government: 10 Years was reported at 4.75 % pa in Jan 2026, compared with 4.72 % pa in the previous month.
• Australia Long Term Interest Rate data is updated monthly, available from Jul 1969 to Jan 2026.
• The data reached an all-time high of 16.50 % pa in Aug 1982 and a record low of 0.80 % pa in Oct 2020.
• Long Term Interest Rate is reported by reported by Reserve Bank of Australia.

• In the latest reports, Australia Short Term Interest Rate: Month End: Bank Acceptance Bills Rates: 90 days was reported at 3.85 % pa in Jan 2026.
• The cash rate (Policy Rate: Month End: Cash Target Rate) was set at 3.60 % pa in Jan 2026.
• Australia Exchange Rate against USD averaged 1.53 (USD/AUD) in Oct 2025.

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

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

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.

Australia: Bank lending-deposit interest rate spread : The latest value from 2019 is 3.54 interest rate points, an increase from 3.28 interest rate points in 2018. In comparison, the world average is 6.96 interest rate points, based on data from 100 countries. Historically, the average for Australia from 1987 to 2019 is 2.89 interest rate points. The minimum value, 0.2 interest rate points, was reached in 1987 while the maximum of 4.18 interest rate points was recorded in 2008.

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 **** percent. In comparison, the average mortgage interest rate in Victoria was at around **** percent.

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 March of 2026.

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.

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.

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.