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.

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.

Interbank Rate in Australia remained unchanged at 3.60 percent in October. This dataset provides - Australia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

The benchmark interest rate in New Zealand was last recorded at 2.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View monthly updates and historical trends for Australia Long-Term Interest Rates. Source: Organisation for Economic Co-operation and Development. Track e…

In September 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 September 2025, Russia maintained the highest interest rate at 17 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 -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 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.

Mortgage interest rates worldwide varied greatly in June 2025, from less than ******percent in many European countries to as high as ***percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increases in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2024, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.

Mortgage lenders are dealing with the RBA's shift to a tighter monetary policy, as it fights heavy inflation. Since May 2022, the RBA has raised the benchmark cash rate, which flows to interest rates on home loans. This represents a complete reversal of the prevailing approach to monetary policy taken in recent years. Over the course of the pandemic, subdued interest rates, in conjunction with government incentives and relaxed interest rate buffers, encouraged strong mortgage uptake. With the RBA's policy reversal, authorised deposit-taking institutions will need to balance their interest rate spreads to ensure steady profit. A stronger cash rate means more interest income from existing home loans, but also steeper funding costs. Moreover, increasing loan rates mean that prospective homeowners are being cut out of the market, which will slow demand for new home loans. Overall, industry revenue is expected to rise at an annualised 0.4% over the past five years, including an estimated 2.2% jump in 2023-24, to reach $103.4 billion. APRA's regulatory controls were updated in January 2023, with new capital adequacy ratios coming into effect. The major banks have had to tighten up their capital buffers to protect against financial instability. Although the ‘big four’ banks control most home loans, other lenders have emerged to foster competition for new loanees. Technological advances have made online-only mortgage lending viable. However, lenders that don't take deposits are more reliant on wholesale funding markets, which will be stretched under a higher cash rate. Looking ahead, technology spending isn't slowing down, as consumers continue to expect secure and user-friendly online financial services. This investment is even more pressing, given the ongoing threat of cyber-attacks. Industry revenue is projected to inch upwards at an annualised 0.8% over the five years through 2028-29, to $107.7 billion.

As of March 2025, the average fixed mortgage interest rate for Australian owner-occupier borrowers with an outstanding loan with a mortgage term equal to or less than three years was around *** percent. In comparison, the average interest rate for outstanding owner-occupier loans greater than three years was approximately *** percent. New fixed loan interest rates for owner-occupiers were around *** and *** percent higher that month, respectively.

• housing lending rates

Inflation Rate in Australia increased to 3.80 percent in the fourth quarter of 2025 from 3.20 percent in the third quarter of 2025. This dataset provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Among the reported Asia-Pacific countries, South Korea had the lowest mortgage interest rate of **** percent as of December 2023. New Zealand and Australia had the next lowest mortgage interest rates, at **** and **** percent, respectively, as of January 2024.

India Foreign Banks: Demand Loan Rate: High: Australia and New Zealand Banking Group Limited data was reported at 9.300 % pa in Dec 2018. This records an increase from the previous number of 9.200 % pa for Sep 2018. India Foreign Banks: Demand Loan Rate: High: Australia and New Zealand Banking Group Limited data is updated quarterly, averaging 10.000 % pa from Jun 2012 (Median) to Dec 2018, with 25 observations. The data reached an all-time high of 16.000 % pa in Dec 2014 and a record low of 8.350 % pa in Dec 2017. India Foreign Banks: Demand Loan Rate: High: Australia and New Zealand Banking Group Limited data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB037: Lending Rate: Other than Export Credit: Demand Loan Rate: High.

Market Size for Australia Auto Finance Industry Size on the Basis of Loan Disbursement in USD Billion, 2018-2024 In 2023,approximately 85% of new vehicle purchases were financed through loans or leasing, reflecting the strong role of financial services in Australia’s automotive sector. The preference for structured financing options continues to rise due to affordability concerns and flexible payment structures.Sydney and Melbourneare key markets due to their high vehicle demand and extensive automotive infrastructure. TheAustralian auto finance market reached a valuation ofAUD 130 Billion in 2023, driven by increasing demand for vehicle ownership, favorable interest rates, and a growing inclination towards electric vehicles. The market is characterized by major financial institutions such asCommonwealth Bank, Westpac, ANZ, NAB, Macquarie Bank, and auto-financing firms likeToyota Finance, BMW Financial Services, and Volkswagen Financial Services. These entities dominate the auto financing landscape, offering diverse financing options for new and used vehicles.

This Economic Commentary describes the collapse and subsequent bailout of the Detroit-headquartered Bank of the Commonwealth in 1972. Commonwealth failed because it invested heavily in long-duration, fixed-rate municipal securities in the mid-1960s in a bet that interest rates would decline. Instead, with the beginning of the Great Inflation of 1965–1980, rates rose. Liquidity problems then ensued, and the bank approached failure. Unable to find an acquirer because of Michigan’s banking restrictions, regulators instead bailed out the bank because of fears of contagion. This article also compares the collapse of Commonwealth with the spring 2023 failures of Silicon Valley Bank and First Republic. In particular, I discuss structural changes in banking that impacted the speed of the runs and the pools of potential acquirers.

India Foreign Banks: Term Loan Rate: High: Australia and New Zealand Banking Group Limited data was reported at 11.200 % pa in Dec 2018. This stayed constant from the previous number of 11.200 % pa for Sep 2018. India Foreign Banks: Term Loan Rate: High: Australia and New Zealand Banking Group Limited data is updated quarterly, averaging 11.250 % pa from Jun 2012 (Median) to Dec 2018, with 26 observations. The data reached an all-time high of 13.160 % pa in Sep 2016 and a record low of 10.350 % pa in Sep 2017. India Foreign Banks: Term Loan Rate: High: Australia and New Zealand Banking Group Limited data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB041: Lending Rate: Other than Export Credit: Term Loan Rate: High.

The yield on Australia 10Y Bond Yield rose to 4.63% on December 2, 2025, marking a 0.07 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.28 points and is 0.33 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Australia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Australia and New Zealand Banking Group Limited data was reported at 8.650 % pa in Dec 2018. This stayed constant from the previous number of 8.650 % pa for Sep 2018. India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Australia and New Zealand Banking Group Limited data is updated quarterly, averaging 10.250 % pa from Jun 2012 (Median) to Dec 2018, with 26 observations. The data reached an all-time high of 10.750 % pa in Dec 2015 and a record low of 8.650 % pa in Dec 2018. India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Australia and New Zealand Banking Group Limited data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB042: Lending Rate: Other than Export Credit: Term Loan Rate: At Least 60% Business: Low.

India Foreign Banks: Pre Shipment: Up to 180 Days: High: Australia and New Zealand Banking Group Limited data was reported at 8.300 % pa in Dec 2018. This stayed constant from the previous number of 8.300 % pa for Sep 2018. India Foreign Banks: Pre Shipment: Up to 180 Days: High: Australia and New Zealand Banking Group Limited data is updated quarterly, averaging 9.250 % pa from Dec 2012 (Median) to Dec 2018, with 19 observations. The data reached an all-time high of 11.100 % pa in Mar 2014 and a record low of 7.500 % pa in Dec 2012. India Foreign Banks: Pre Shipment: Up to 180 Days: High: Australia and New Zealand Banking Group Limited data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB011: Lending Rate: Export Credit: Pre Shipment: Up to 180 Days: High.