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.

Bank Lending Rate in Australia decreased to 10.26 percent in June from 10.38 percent in May of 2025. This dataset provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 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.

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.

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.

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.

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.

As at November 2024, the average fixed interest rate for a 1-year standard investor residential mortgage in Australia was 6.6 percent. In comparison, the average fixed rate for a 5-year standard mortgage was 6.6 percent.

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 **** and **** percent, respectively.

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 real interest rate in Australia decreased by *** percentage points (-***** 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.

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 July of 2025.

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.

As of March 2025, the average fixed mortgage interest rate for Australian investor borrowers with an outstanding loan with a mortgage term equal to or less than 3 years was around 5.2 percent. In comparison, the average interest rate for outstanding investor loans greater than 3 years was approximately *** percent.

This dataset provides values for LENDING RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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

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

Mortgage credit interest rate, percent in Australia, March, 2025 The most recent value is 7.32 percent as of March 2025, a decline compared to the previous value of 7.38 percent. Historically, the average for Australia from January 2000 to March 2025 is 6.21 percent. The minimum of 3.64 percent was recorded in August 2021, while the maximum of 9.32 percent was reached in July 2008. | TheGlobalEconomy.com

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 2023. Below is a chart for all countries where data are available.