The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Deposit Interest Rate in Australia decreased to 2.90 percent in April from 3 percent in March of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Australia.

The deposit interest rate in Australia declined to 1.56 percent in 2019. Therefore, the deposit interest rate in Australia saw its lowest number in that year with 1.56 percent. Notably, the deposit interest rate is continuously decreasing over the last years.Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.Find more statistics on other topics about Australia with key insights such as real interest rate, market capitalization of listed domestic companies as a share of GDP, and market capitalization of listed domestic companies.

Key information about Australia Long Term Interest Rate

• Australia Government Bond Yield: Australian Government: 10 Years was reported at 4.42 % pa in Feb 2025, compared with 4.48 % pa in the previous month.
• Australia Long Term Interest Rate data is updated monthly, available from Jul 1969 to Feb 2025.
• 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 4.12 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Cash Target Rate) was set at 4.10 % pa in Feb 2025.
• Australia Exchange Rate against USD averaged 1.49 (USD/AUD) in Jun 2023.

Australia Lending Interest 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 Interest Rate data is updated yearly, averaging 7.269 % pa from Dec 1960 (Median) to 2019, with 60 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 Interest 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. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;

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 Interest Rate Spread data was reported at 3.543 % pa in 2019. This records an increase from the previous number of 3.282 % pa for 2018. Australia Interest Rate Spread data is updated yearly, averaging 3.048 % pa from Dec 1981 (Median) to 2019, with 39 observations. The data reached an all-time high of 4.183 % pa in 2008 and a record low of -1.888 % pa in 1989. Australia Interest Rate Spread 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. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;Median;

The real interest rate in Australia decreased by 1.8 percentage points (-54.05 percent) in 2019 in comparison to the previous year. 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.

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.

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 June of 2025.

Interbank Rate in Australia decreased to 4 percent in May from 4.09 percent in April of 2025. This dataset provides - Australia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This report analyses the standard variable home loan interest rate from registered banks. The data is collected monthly and converted into an average rate quoted by large bank lenders. Actual interest rates for loans can often vary, as they are subject to individual factors like loan size, the option of split-interest rates and whether there are redraw facilities or offset accounts. The data is sourced from the Reserve Bank of Australia (RBA) and presented as the average interest rate over each financial year.

Bank deposit interest rate, percent in Australia, March, 2025 The most recent value is 4 percent as of March 2025, a decline compared to the previous value of 4.1 percent. Historically, the average for Australia from January 2000 to March 2025 is 3.78 percent. The minimum of 0.25 percent was recorded in June 2021, while the maximum of 8.25 percent was reached in July 2008. | TheGlobalEconomy.com

The Reserve Bank of Australia's (RBA) cash rate target in-part determines interest rates on financial products.

Australia Deposit Rate: Bank Term Deposits: AUD 10000: Average Rate data was reported at 3.200 % pa in Mar 2025. This records a decrease from the previous number of 3.250 % pa for Feb 2025. Australia Deposit Rate: Bank Term Deposits: AUD 10000: Average Rate data is updated monthly, averaging 3.350 % pa from Feb 2002 (Median) to Mar 2025, with 278 observations. The data reached an all-time high of 5.250 % pa in Sep 2008 and a record low of 0.150 % pa in Apr 2022. Australia Deposit Rate: Bank Term Deposits: AUD 10000: Average Rate 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: Deposit Rate.

In April 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in April 2025. In contrast, Russia maintained a high inflation rate of 10.2 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

In September 2023, the average monthly term deposit interest rate for institutions in Australia was 4.6 percent per annum. The average deposit rate for new term deposits in Australia had declined to as low as 0.2 percent per annum in 2021.

Mortgage Rate in Australia decreased to 5.97 percent in March from 6.03 percent in February of 2025. This dataset includes a chart with historical data for Australia Mortgage Rate.

Bank Lending Rate in Australia remained unchanged at 10.51 percent in April. This dataset provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.