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.

In April 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.

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.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Australia (IR3TIB01AUA156N) from 1968 to 2024 about interbank, Australia, 3-month, yield, interest rate, interest, and rate.

Real interest rate (%) in Australia was reported at 1.5781 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

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 2.75 percent in June from 2.80 percent in May of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Australia.

Interbank Rate in Australia remained unchanged at 3.84 percent in July. This dataset provides - Australia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Australia (IRLTLT01AUA156N) from 1970 to 2024 about long-term, Australia, 10-year, bonds, yield, government, 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 **** percent. In comparison, the average mortgage interest rate in Victoria was at around **** percent.

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

Key information about Australia Short Term Interest Rate

• Australia Short Term Interest Rate: Month End: Bank Acceptance Bills Rates: 90 days was reported at 4.12 % pa in Feb 2025, compared with 4.25 % pa in the previous month.
• Australia Short Term Interest Rate data is updated monthly, available from Jun 1969 to Feb 2025.
• The data reached an all-time high of 21.75 % pa in May 1974 and a record low of 0.01 % pa in Jan 2021.
• Short Term Interest Rate is reported by reported by Reserve Bank of Australia.

• In the latest reports, Australia Government Bond Yield: Australian Government: 10 Years was reported at 4.48 % pa in Jan 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.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia (IRSTCI01AUA156N) from 1990 to 2024 about interbank, Australia, overnight, interest rate, interest, and rate.

Australia Residential Mortgages: New Lending: ADIs: Interest Rates: Weighted Average Variable Rate data was reported at 6.303 % in Dec 2024. This records a decrease from the previous number of 6.332 % for Sep 2024. Australia Residential Mortgages: New Lending: ADIs: Interest Rates: Weighted Average Variable Rate data is updated quarterly, averaging 3.771 % from Mar 2019 (Median) to Dec 2024, with 24 observations. The data reached an all-time high of 6.341 % in Mar 2024 and a record low of 2.545 % in Mar 2022. Australia Residential Mortgages: New Lending: ADIs: Interest Rates: Weighted Average Variable Rate data remains active status in CEIC and is reported by Australian Prudential Regulation Authority. The data is categorized under Global Database’s Australia – Table AU.KB023: Residential Mortgage: New Lending.

In a survey conducted in November 2024, around ** percent of homeowners with a mortgage stated that they are prepared for mortgage interest rates to remain at the current level into next year before potential rate cuts start. In contrast, approximately ** percent of homeowners and ** percent of investors claimed that they were not.

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 July of 2025.

A survey conducted in 2024 among Australian consumers revealed that only ** percent of mortgage holders had successfully negotiated a better interest rate on their mortgage. Around ** percent of mortgage holders surveyed had tried but not managed to negotiate a better interest rate.

From 2010 to 2017, Australia had the highest short-term interest rate among selected countries worldwide. Afterward, its rates became more aligned with those of Canada and the United States. The lowest short-term interest rates during this period were found in the Euro area and Japan, as well as in the United States until 2015, where rates remained below *** percent. In 2021, all regions except Japan experienced a decrease in interest rates. However, in the following years, rates increased. As of 2024 short term interest rates rested as roughly *** percent for Australia and Canada, *** in the Euro area, and over **** percent in the U.S.. Japan had the lowest rate at **** percent.

Key information about Australia Policy Rate

• Australia cash rate (Policy Rate: Month End: Cash Target Rate) was set at 4.10 % pa in Feb 2025, compared with 4.35 % pa in the previous Jan 2025.
• Australia Policy Rate averaged 4.75 % pa and is updated monthly, available from Aug 1990 to Feb 2025.
• The data reached an all-time high of 14.00 % pa in Sep 1990 and a record low of 0.10 % pa in Apr 2022.

• In the latest reports, Australia Short Term Interest Rate: Month End: Bank Acceptance Bills Rates: 90 days was reported at 4.25 % pa in Jan 2025.
• Its Long Term Interest Rate (Government Bond Yield: Australian Government: 10 Years) was reported at 4.48 % pa in Jan 2025.
• Australia Exchange Rate against USD averaged 1.49 (USD/AUD) in Jun 2023.
• Its Real Effective Exchange Rate was 100.34 in Jan 2025.