On November 8, 2023, the Reserve Bank of Australia (RBA) increased the interest rate by **** percentage points, bringing the interest rate to **** percent. This was the thirteenth interest rate increase by the RBA since November 4, 2020, which saw the interest rate drop to a record *** 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 June 2025, the overnight interbank cash rate and the target cash rate stood at **** and **** percent, respectively.

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

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.

Consumer Price Index measuring changes in the cost of living. Both headline and core (trimmed mean) inflation are measured quarterly, comparing to the same quarter last year.

Overview with Chart & Report: Reserve Bank of Australia (RBA) Interest Rate Decision is one of the key instruments of the national monetary and credit policy. RBA board members hold regular meetings after which the bank publishes

The Wage Price Index basically tells us how much wages are growing across the economy, without getting skewed by things like bonuses. It's a key measure of inflation pressures from labor costs.

The 'RBA Interest Rate Decision' is a monetary policy event where the Reserve Bank of Australia (RBA) sets the official cash rate, influencing borrowing costs and economic activity.

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.

Exchange Rate: RBA: Euro to Australian Dollar data was reported at 0.564 AUD/EUR in Nov 2025. This records a decrease from the previous number of 0.566 AUD/EUR for Oct 2025. Exchange Rate: RBA: Euro to Australian Dollar data is updated monthly, averaging 0.809 AUD/EUR from Jan 1999 (Median) to Nov 2025, with 323 observations. The data reached an all-time high of 0.858 AUD/EUR in Jul 2012 and a record low of 0.492 AUD/EUR in Dec 2008. Exchange Rate: RBA: Euro to Australian Dollar 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.M: Exchange Rate.

Exchange Rate: RBA: New Zealand Dollar to Australian Dollar data was reported at 1.143 AUD/NZD in Nov 2025. This records a decrease from the previous number of 1.143 AUD/NZD for Oct 2025. Exchange Rate: RBA: New Zealand Dollar to Australian Dollar data is updated monthly, averaging 1.127 AUD/NZD from Jul 1969 (Median) to Nov 2025, with 677 observations. The data reached an all-time high of 1.763 AUD/NZD in Nov 1984 and a record low of 0.997 AUD/NZD in Nov 1972. Exchange Rate: RBA: New Zealand Dollar to Australian Dollar 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.M: Exchange Rate.

Key information about Australia Long Term Interest Rate

• Australia Government Bond Yield: Australian Government: 10 Years was reported at 4.23 % pa in Oct 2025, compared with 4.30 % pa in the previous month.
• Australia Long Term Interest Rate data is updated monthly, available from Jul 1969 to Oct 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 3.66 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Cash Target Rate) was set at 3.60 % pa in Nov 2025.
• Australia Exchange Rate against USD averaged 1.53 (USD/AUD) in Oct 2025.

The 'RBA Interest Rate Decision' is a monetary policy event where the Reserve Bank of Australia (RBA) sets the official cash rate, influencing borrowing costs and economic activity.-2025-05-19

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.

Track recent home loan rate cuts from 92 Australian banks affecting 459 products. Sourced from 8,959 home loan products. Top cuts: Bendigo Bank (-0.66%), IMB Bank (-0.20%), Adelaide Bank (-0.10%)

Australia Exchange Rate: RBA: Trade Weighted Index data was reported at 61.200 May1970=100 in Nov 2025. This stayed constant from the previous number of 61.200 May1970=100 for Oct 2025. Australia Exchange Rate: RBA: Trade Weighted Index data is updated monthly, averaging 60.600 May1970=100 from May 1970 (Median) to Nov 2025, with 667 observations. The data reached an all-time high of 121.300 May1970=100 in Jan 1974 and a record low of 47.000 May1970=100 in Sep 2001. Australia Exchange Rate: RBA: Trade Weighted Index 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.M: Exchange Rate.

Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar data was reported at 10,887.000 AUD/IDR in Nov 2025. This records a decrease from the previous number of 10,894.000 AUD/IDR for Oct 2025. Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar data is updated monthly, averaging 7,011.000 AUD/IDR from Nov 1983 (Median) to Nov 2025, with 505 observations. The data reached an all-time high of 11,240.000 AUD/IDR in Apr 2021 and a record low of 676.000 AUD/IDR in Jul 1986. Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar 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.M: Exchange Rate.

Exchange Rate: RBA: UK Pound Sterling to Australian Dollar data was reported at 0.493 AUD/GBP in Nov 2025. This records a decrease from the previous number of 0.498 AUD/GBP for Oct 2025. Exchange Rate: RBA: UK Pound Sterling to Australian Dollar data is updated monthly, averaging 0.447 AUD/GBP from Jul 1969 (Median) to Nov 2025, with 677 observations. The data reached an all-time high of 0.780 AUD/GBP in Oct 1976 and a record low of 0.335 AUD/GBP in Sep 2001. Exchange Rate: RBA: UK Pound Sterling to Australian Dollar 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.M: Exchange Rate.

The 'RBA Interest Rate Decision' is a monetary policy event where the Reserve Bank of Australia (RBA) sets the official cash rate, influencing borrowing costs and economic activity.-2025-02-17

The interest rate of bank accepted bills/negotiable certificates of deposit for Australian banks has fallen slightly over the last decade. From a peak of around **** percent from late 2010 to late 2011, interest rates on three and six month bills/certificates had fallen to **** and **** percent respectively as of September 2021 . Notably, these rates were below the the official Reserve Bank of Australia (RBA) target cash rate of *** percent. Primarily, the reason for this is that the RBA was more concerned with ensuring banks have liquidity than intervening so that the cash rate is consistent with its target rate, and to this end RBA used new methods to inject funds into banks since the coronavirus (COVID-19) pandemic. As of May 2024, the interest rates on three and six month bills/certificates increased to **** and **** percent, respectively.