Der Leitzins in Australien wurde zuletzt mit 4,10 Prozent verzeichnet. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Australien - Zinssatz.

On November 8, 2023, the Reserve Bank of Australia (RBA) increased the interest rate by 0.25 percentage points, bringing the interest rate to 4.35 percent. This was the thirteenth interest rate increase by the RBA since November 4, 2020, which saw the interest rate drop to a record 0.1 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 4.32 and 4.35 percent, respectively.

Graph and download economic data for Interest Rates, Discount Rate for Australia (INTDSRAUM193N) from Jul 1969 to Apr 2013 about Australia, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Bank Bills: Total for Australia (IR3TBB01AUA156N) from 1968 to 2023 about bills, Australia, 3-month, yield, interest rate, banks, interest, depository institutions, and rate.

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 five percent from late 2010 to late 2011, interest rates on three and six month bills/certificates had fallen to 0.01 and 0.03 percent respectively as of September 2021 . Notably, these rates were below the the official Reserve Bank of Australia (RBA) target cash rate of 0.1 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 4.36 and 4.61 percent, respectively.

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.

Credit unions became authorised deposit-taking institutions (ADIs) under the Banking Act 1959 on 1 July 1999 when responsibility for their prudential regulation shifted from the States and Territories to the Australian Prudential Regulation Authority (APRA). Since 1 July 1999, credit unions have submitted monthly returns to APRA; prior to that date, they submitted returns to the Reserve Bank under the Financial Corporations Act 1974. In September 2001, APRA implemented new reporting forms for credit unions. From October 2001, data are derived from ARF 323.0: Statement of Financial Position (Licensed ADI). Since December 1999, series have only included data for credit unions with total assets greater than or equal to $50 million.\r \r Selected assets:\r \r ‘Cash and liquid assets’ is composed of ‘Cash’, ‘Balances with ADIs’ and ‘Other’. None of these items include bills of exchange, bills receivable, remittances in transit or certificates of deposit.\r \r ‘Cash’ includes Australian and foreign currency notes and coins, gold coin, gold bullion, and gold certificates held as investments. It excludes loans repayable in gold bullion.\r \r ‘Balances with ADIs’ includes deposits at call with Australian resident banks and other ADIs and settlement account balances due from banks and other ADIs, incorporating receivables for unsettled sales of securities.\r \r ‘Other’ includes deposits at call with Registered Financial Corporations (RFCs) and other financial institutions, net claims on recognised clearing houses in Australia, securities purchased under agreements to resell, funds held with the Reserve Bank and other central banks, and settlement account balances due from the Reserve Bank, other central banks, RFCs and other financial institutions, incorporating receivables for unsettled sales of securities.\r \r ‘Government securities’, ‘ADI securities’, ‘Corporate paper’ and ‘Other securities’ include both trading and investment securities. Trading securities are recorded at net fair value. Investment securities are recorded at cost and adjusted for the amortisation of any premiums and discounts on purchase over the period of maturity.\r \r ‘Government securities’ include securities issued by the Australian, State, Territory and local governments and State and Territory central borrowing authority (CBA) securities.\r \r ‘ADI securities’ includes securities issued by banks and other ADIs, but not equity investments in parent, controlled or associated entities.\r \r ‘Other securities’ includes asset-backed securities, other debt securities and equity securities, other than those issued by ADIs, but not equity investments in parent, controlled or associated entities.\r \r ‘Residential’ includes both owner-occupied and investment housing loans to Australian households, net of specific provisions for doubtful debts.\r \r ‘Personal’ includes revolving credit for a purpose other than housing, credit card liabilities, lease financing net of unearned revenue, and other personal term loans to Australian households net of specific provisions for doubtful debts.\r \r ‘Commercial’ includes loans to public non-financial corporations, private trading corporations, private unincorporated businesses, community service organisations, Australian, State, Territory and local governments, ADIs and other financial institutions, net of specific provisions for doubtful debts. Loans to ADIs and other financial institutions includes loans to the Reserve Bank and other central banks, banks, other ADIs, RFCs, central borrowing authorities, fund managers, stockbrokers, insurance brokers, securitisers, mortgage, fixed interest and equity unit trusts and other financial intermediaries.\r \r Selected Liabilities:\r \r ‘Borrowings from ADIs’ includes settlement account balances due to ADIs and both variable and fixed interest rate short-term loans from ADIs. A loan is reported as short-term if its residual term to maturity is one year or less.\r \r ‘Deposits’ includes retail transaction call deposit accounts held by households, all other transaction call deposit accounts held by entities other than households, deposits from resident banks, resident non-bank financial institutions and intermediaries such as merchant banks, vostro balances from banks and non-bank financial institutions (NBFIs), the Australian-dollar equivalent of foreign currency deposits, deposits from controlled and associated entities, retail non-transaction call deposit accounts held by households, all other non-transaction deposit call accounts held by entities other than households, term deposits, certificates of deposit and other forms of deposits.\r \r ‘Other’ liabilities includes settlement account balances due to RFCs and other financial institutions, securities sold under agreements to repurchase, promissory notes or commercial paper with a residual term to maturity of one year or less, other debt securities with a residual term of one year or less, variable interest rate short-term loans from counterparties other than ADIs, fixed interest rate short-term loans from counterparties other than ADIs, debt securities with a residual term to maturity of more than one year, variable and fixed interest rate loans and borrowings from Australian residents with a residual term to maturity of more than one year, interest accrued but not yet paid, interest received but not yet earned, unrealised losses on trading derivatives, items in suspense and other liabilities not separately identified above. A loan is reported as short-term if its residual term to maturity is one year or less. ‘Other’ liabilities do not include amounts due to clearing houses.\r

In January 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 0.5 percent in January 2025. In contrast, Russia maintained a high inflation rate of 9.9 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.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Australia (IR3TIB01AUM156N) from Jan 1968 to Feb 2025 about interbank, Australia, 3-month, yield, interest rate, interest, and rate.

These data are derived from returns submitted to the Australian Prudential Regulation Authority (APRA) by banks authorised under the Banking Act 1959. APRA assumed responsibility for the supervision and regulation of banks on 1 July 1998. Data prior to that date were submitted to the RBA. Prior to March 2002, banks reported quarterly to APRA on the Off-balance Sheet Business Return. From that date until the end of 2007, banks reported quarterly on ARF 112.2: Capital Adequacy – Off-balance Sheet Business. Following the introduction of a new capital framework (Basel II) on 1 January 2008, the data between March 2008 and March 2011 were reported on either ARF 112.2: Capital Adequacy – Off-balance Sheet Business, ARF 112.2A: Standardised Credit Risk – Off-balance Sheet Exposures, or ARF 118.0: Off-balance Sheet Business, depending on whether the bank had been approved by APRA to use a Basel II advanced approach to credit risk. Following the revocation of Australian Prudential Standard APS150 on 30 June 2011, banks using the advanced approach to credit risk have been required to report data with reference to the Basel II framework. From June 2011, data are reported on ARF 112.2A: Standardised Credit Risk – Off-balance Sheet Exposures, ARF 118.0: Off-balance Sheet Business, or ARF 118.1: Other Off-balance Sheet Exposures, depending on whether the bank has been approved by APRA to use a Basel II advanced approach to credit risk. ‘Consolidated group’, for a locally incorporated bank, refers to the global operations of the bank and its subsidiaries, excluding those involved in insurance, funds management/trustee and non-financial business. For a foreign bank authorised to operate in Australia as a branch, the data relate to the operations of the branch only. Figures are as at the last business day of the quarter and refer to the principal amount (face value) of the transaction. From March 2002, banks are required to report separately activity in the banking and trading books for interest rate contracts, foreign exchange contracts, and other derivative contracts. Banking and trading book figures are added to produce the data reported in the table. Before March 2002, exposures were netted across the banking and trading books (except credit derivatives). This has necessitated a break in the series. ‘Direct credit substitutes’ covers any irrevocable obligations that carry the same credit risk as a direct extension of credit. This includes the issue of guarantees, confirmation of letters of credit, standby letters of credit serving as financial guarantees for loans, securities and any other financial liabilities, and certain bills endorsed under bill endorsement lines. ‘Direct credit substitutes’ does not include credit derivatives, which are shown separately. ‘Trade- and performance-related items’ covers contingent liabilities arising from trade-related obligations secured against an underlying shipment of goods and any irrevocable obligations to make a payment to a third party if a counterparty fails to perform a contractual non-monetary obligation. This includes documentary letters of credit issued, acceptances on trade bills, shipping guarantees issued, issue of performance bonds, bid bonds, warranties, indemnities, standby letters of credit in relation to a non-monetary obligation of a counterparty under a particular transaction, and any other trade- and performance-related items. ‘Commitments and other non-market-related items’ includes lending of securities or posting of securities as collateral, assets sold with recourse, forward asset purchases, partly paid shares and securities, placements of forward deposits, underwriting facilities, standby lines of credit, redraw facilities, undrawn credit card facilities, and all other non-market-related off-balance sheet items. ‘Interest rate contracts – OTC forwards’ covers single currency over-the-counter interest rate forwards including forward rate agreements. ‘Interest rate contracts – OTC swaps’ covers single currency over-the-counter interest rate swaps. ‘Interest rate contracts – Other’ covers other single currency over-the-counter and exchange-traded interest rate contracts including interest rate options written and purchased. ‘Foreign exchange contracts – OTC forwards’ covers over-the-counter foreign exchange forwards including foreign exchange forward contracts involving gold. ‘Foreign exchange contracts – OTC swaps’ covers over-the-counter foreign exchange swaps including cross currency interest rate swaps and foreign exchange swap contracts involving gold. ‘Foreign exchange contracts – Other’ covers other over-the-counter and exchange-traded foreign exchange contracts including other foreign exchange contracts involving gold. ‘Credit derivatives’ covers all credit derivatives contracts, both where protection is purchased and protection is sold. Banks were required to report credit derivatives exposure to APRA from June 2000 following a change to the Off-balance Sheet Business Return. This has necessitated a break in the series. ‘Other off-balance sheet business’ covers equity contracts including written and purchased options positions, derivatives based on gold and precious metals, base metals, energy and other commodities, and all other derivative activity.

Monetary policy changes are expressed in terms of a target for the cash rate – the interest rate paid or received on unsecured overnight funds in the interbank market. Commencing February 2008, the announcement is made on the day of the Reserve Bank Board meeting, effective the following day. Prior to this time, the announcement and effective dates were the same.

As of November 2024, the average variable mortgage interest rate for Australian owner-occupier borrowers with outstanding loans was around 6.3 percent. In comparison, the average investor interest rate for outstanding loans was approximately 6.6 percent. New loan interest rates for owner-occupiers and investors were slightly lower that month, at 6.2 and 6.5 percent, respectively.

Credit unions became authorised deposit-taking institutions (ADIs) under the Banking Act 1959 on 1 July 1999 when responsibility for their prudential regulation shifted from the States and Territories to the Australian Prudential Regulation Authority (APRA). Since 1 July 1999, credit unions have submitted monthly returns to APRA; prior to that date, they submitted returns to the Reserve Bank under the Financial Corporations Act 1974. In September 2001, APRA implemented new reporting forms for credit unions. From October 2001, data are derived from ARF 323.0: Statement of Financial Position (Licensed ADI). Since December 1999, series have only included data for credit unions with total assets greater than or equal to $50 million.

Selected assets:

‘Cash and liquid assets’ is composed of ‘Cash’, ‘Balances with ADIs’ and ‘Other’. None of these items include bills of exchange, bills receivable, remittances in transit or certificates of deposit.

‘Cash’ includes Australian and foreign currency notes and coins, gold coin, gold bullion, and gold certificates held as investments. It excludes loans repayable in gold bullion.

‘Balances with ADIs’ includes deposits at call with Australian resident banks and other ADIs and settlement account balances due from banks and other ADIs, incorporating receivables for unsettled sales of securities.

‘Other’ includes deposits at call with Registered Financial Corporations (RFCs) and other financial institutions, net claims on recognised clearing houses in Australia, securities purchased under agreements to resell, funds held with the Reserve Bank and other central banks, and settlement account balances due from the Reserve Bank, other central banks, RFCs and other financial institutions, incorporating receivables for unsettled sales of securities.

‘Government securities’, ‘ADI securities’, ‘Corporate paper’ and ‘Other securities’ include both trading and investment securities. Trading securities are recorded at net fair value. Investment securities are recorded at cost and adjusted for the amortisation of any premiums and discounts on purchase over the period of maturity.

‘Government securities’ include securities issued by the Australian, State, Territory and local governments and State and Territory central borrowing authority (CBA) securities.

‘ADI securities’ includes securities issued by banks and other ADIs, but not equity investments in parent, controlled or associated entities.

‘Other securities’ includes asset-backed securities, other debt securities and equity securities, other than those issued by ADIs, but not equity investments in parent, controlled or associated entities.

‘Residential’ includes both owner-occupied and investment housing loans to Australian households, net of specific provisions for doubtful debts.

‘Personal’ includes revolving credit for a purpose other than housing, credit card liabilities, lease financing net of unearned revenue, and other personal term loans to Australian households net of specific provisions for doubtful debts.

‘Commercial’ includes loans to public non-financial corporations, private trading corporations, private unincorporated businesses, community service organisations, Australian, State, Territory and local governments, ADIs and other financial institutions, net of specific provisions for doubtful debts. Loans to ADIs and other financial institutions includes loans to the Reserve Bank and other central banks, banks, other ADIs, RFCs, central borrowing authorities, fund managers, stockbrokers, insurance brokers, securitisers, mortgage, fixed interest and equity unit trusts and other financial intermediaries.

Selected Liabilities:

‘Borrowings from ADIs’ includes settlement account balances due to ADIs and both variable and fixed interest rate short-term loans from ADIs. A loan is reported as short-term if its residual term to maturity is one year or less.

‘Deposits’ includes retail transaction call deposit accounts held by households, all other transaction call deposit accounts held by entities other than households, deposits from resident banks, resident non-bank financial institutions and intermediaries such as merchant banks, vostro balances from banks and non-bank financial institutions (NBFIs), the Australian-dollar equivalent of foreign currency deposits, deposits from controlled and associated entities, retail non-transaction call deposit accounts held by households, all other non-transaction deposit call accounts held by entities other than households, term deposits, certificates of deposit and other forms of deposits.

‘Other’ liabilities includes settlement account balances due to RFCs and other financial institutions, securities sold under agreements to repurchase, promissory notes or commercial paper with a residual term to maturity of one year or less, other debt securities with a residual term of one year or less, variable interest rate short-term loans from counterparties other than ADIs, fixed interest rate short-term loans from counterparties other than ADIs, debt securities with a residual term to maturity of more than one year, variable and fixed interest rate loans and borrowings from Australian residents with a residual term to maturity of more than one year, interest accrued but not yet paid, interest received but not yet earned, unrealised losses on trading derivatives, items in suspense and other liabilities not separately identified above. A loan is reported as short-term if its residual term to maturity is one year or less. ‘Other’ liabilities do not include amounts due to clearing houses.

Building societies became authorised deposit-taking institutions (ADIs) under the Banking Act 1959 on 1 July 1999 when responsibility for their prudential regulation shifted from the States and Territories to the Australian Prudential Regulation Authority (APRA). Since 1 July 1999, building societies have submitted monthly returns to APRA; prior to that date, they submitted returns to the Reserve Bank under the Financial Corporations Act 1974. In September 2001, APRA implemented new reporting forms for building societies. From October 2001, data are derived from ARF 323.0: Statement of Financial Position (Licensed ADI). Since December 1999, series have only included data for building societies with total assets greater than or equal to $50 million.

Selected assets:

‘Cash and liquid assets’ is composed of ‘Cash’, ‘Balances with ADIs’ and ‘Other’. None of these items include bills of exchange, bills receivable, remittances in transit or certificates of deposit.

‘Cash’ includes Australian and foreign currency notes and coins, gold coin, gold bullion, and gold certificates held as investments. It excludes loans repayable in gold bullion.

‘Balances with ADIs’ includes deposits at call with Australian resident banks and other ADIs and settlement account balances due from banks and other ADIs, incorporating receivables for unsettled sales of securities.

‘Other’ includes deposits at call with Registered Financial Corporations (RFCs) and other financial institutions, net claims on recognised clearing houses in Australia, securities purchased under agreements to resell, funds held with the Reserve Bank and other central banks, and settlement account balances due from the Reserve Bank, other central banks, RFCs and other financial institutions, incorporating receivables for unsettled sales of securities.

‘Government securities’, ‘ADI securities’, ‘Corporate paper’ and ‘Other securities’ include both trading and investment securities. Trading securities are recorded at net fair value. Investment securities are recorded at cost and adjusted for the amortisation of any premiums and discounts on purchase over the period of maturity.

‘Government securities’ include securities issued by the Australian, State, Territory and local governments and State and Territory central borrowing authority (CBA) securities.

‘ADI securities’ includes securities issued by banks and other ADIs, but not equity investments in parent, controlled or associated entities.

‘Other securities’ includes asset-backed securities, other debt securities and equity securities, other than those issued by ADIs, but not equity investments in parent, controlled or associated entities.

‘Residential’ includes both owner-occupied and investment housing loans to Australian households, net of specific provisions for doubtful debts.

‘Personal’ includes revolving credit for a purpose other than housing, credit card liabilities, lease financing net of unearned revenue, and other personal term loans to Australian households net of specific provisions for doubtful debts.

‘Commercial’ includes loans to public non-financial corporations, private trading corporations, private unincorporated businesses, community service organisations, Australian, State, Territory and local governments, ADIs and other financial institutions, net of specific provisions for doubtful debts. Loans to ADIs and other financial institutions includes loans to the Reserve Bank and other central banks, banks, other ADIs, RFCs, central borrowing authorities, fund managers, stockbrokers, insurance brokers, securitisers, mortgage, fixed interest and equity unit trusts and other financial intermediaries.

Selected Liabilities:

‘Borrowings from ADIs’ includes settlement account balances due to ADIs and both variable and fixed interest rate short-term loans from ADIs. A loan is reported as short-term if its residual term to maturity is one year or less.

‘Deposits’ includes retail transaction call deposit accounts held by households, all other transaction call deposit accounts held by entities other than households, deposits from resident banks, resident non-bank financial institutions and intermediaries such as merchant banks, vostro balances from banks and non-bank financial institutions (NBFIs), the Australian-dollar equivalent of foreign currency deposits, deposits from controlled and associated entities, retail non-transaction call deposit accounts held by households, all other non-transaction deposit call accounts held by entities other than households, term deposits, certificates of deposit and other forms of deposits.

‘Other’ liabilities includes settlement account balances due to RFCs and other financial institutions, securities sold under agreements to repurchase, promissory notes or commercial paper with a residual term to maturity of one year or less, other debt securities with a residual term of one year or less, variable interest rate short-term loans from counterparties other than ADIs, fixed interest rate short-term loans from counterparties other than ADIs, debt securities with a residual term to maturity of more than one year, variable and fixed interest rate loans and borrowings from Australian residents with a residual term to maturity of more than one year, interest accrued but not yet paid, interest received but not yet earned, unrealised losses on trading derivatives, items in suspense and other liabilities not separately identified above. A loan is reported as short-term if its residual term to maturity is one year or less. ‘Other’ liabilities do not include amounts due to clearing houses.

Australia Foreign Exchange Transactions: RBA: Other Outright data was reported at 944.000 AUD mn in Jan 2025. This records a decrease from the previous number of 1,365.000 AUD mn for Dec 2024. Australia Foreign Exchange Transactions: RBA: Other Outright data is updated monthly, averaging 205.000 AUD mn from Jan 1995 (Median) to Jan 2025, with 361 observations. The data reached an all-time high of 11,994.000 AUD mn in Aug 2021 and a record low of -6,786.000 AUD mn in Jan 2024. Australia Foreign Exchange Transactions: RBA: Other Outright 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.KA005: Official Reserve Assets & Foreign Exchange Transactions. ‘Other outright’ transactions include the Reserve Bank of Australia’s outright transactions with other central banks, international financial institutions which are not intended to affect the exchange rate, clients other than the Australian Government, and interest received on holdings of foreign assets. Prior to 2015, the series is computed using a different methodology. The changes in the calculations were mainly due to a change to the treatment of repos, derivatives and gold. [COVID-19-IMPACT]

In 2019, the real interest rate in Australia decreased by 1.7 percentage points (-51.2 percent) compared to 2018. 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.

These data are derived from returns submitted to the Australian Prudential Regulation Authority (APRA) by banks authorised under the Banking Act 1959. APRA assumed responsibility for the supervision and regulation of banks on 1 July 1998. Data prior to that date were submitted to the RBA.

Prior to March 2002, banks reported quarterly to APRA on the Off-balance Sheet Business Return. From that date until the end of 2007, banks reported quarterly on ARF 112.2: Capital Adequacy – Off-balance Sheet Business. Following the introduction of a new capital framework (Basel II) on 1 January 2008, the data between March 2008 and March 2011 were reported on either ARF 112.2: Capital Adequacy – Off-balance Sheet Business, ARF 112.2A: Standardised Credit Risk – Off-balance Sheet Exposures, or ARF 118.0: Off-balance Sheet Business, depending on whether the bank had been approved by APRA to use a Basel II advanced approach to credit risk. Following the revocation of Australian Prudential Standard APS150 on 30 June 2011, banks using the advanced approach to credit risk have been required to report data with reference to the Basel II framework. From June 2011, data are reported on ARF 112.2A: Standardised Credit Risk – Off-balance Sheet Exposures, ARF 118.0: Off-balance Sheet Business, or ARF 118.1: Other Off-balance Sheet Exposures, depending on whether the bank has been approved by APRA to use a Basel II advanced approach to credit risk.

‘Consolidated group’, for a locally incorporated bank, refers to the global operations of the bank and its subsidiaries, excluding those involved in insurance, funds management/trustee and non-financial business. For a foreign bank authorised to operate in Australia as a branch, the data relate to the operations of the branch only. Figures are as at the last business day of the quarter and refer to the principal amount (face value) of the transaction.

From March 2002, banks are required to report separately activity in the banking and trading books for interest rate contracts, foreign exchange contracts, and other derivative contracts. Banking and trading book figures are added to produce the data reported in the table. Before March 2002, exposures were netted across the banking and trading books (except credit derivatives). This has necessitated a break in the series.

‘Direct credit substitutes’ covers any irrevocable obligations that carry the same credit risk as a direct extension of credit. This includes the issue of guarantees, confirmation of letters of credit, standby letters of credit serving as financial guarantees for loans, securities and any other financial liabilities, and certain bills endorsed under bill endorsement lines. ‘Direct credit substitutes’ does not include credit derivatives, which are shown separately.

‘Trade- and performance-related items’ covers contingent liabilities arising from trade-related obligations secured against an underlying shipment of goods and any irrevocable obligations to make a payment to a third party if a counterparty fails to perform a contractual non-monetary obligation. This includes documentary letters of credit issued, acceptances on trade bills, shipping guarantees issued, issue of performance bonds, bid bonds, warranties, indemnities, standby letters of credit in relation to a non-monetary obligation of a counterparty under a particular transaction, and any other trade- and performance-related items.

‘Commitments and other non-market-related items’ includes lending of securities or posting of securities as collateral, assets sold with recourse, forward asset purchases, partly paid shares and securities, placements of forward deposits, underwriting facilities, standby lines of credit, redraw facilities, undrawn credit card facilities, and all other non-market-related off-balance sheet items.

‘Interest rate contracts – OTC forwards’ covers single currency over-the-counter interest rate forwards including forward rate agreements.

‘Interest rate contracts – OTC swaps’ covers single currency over-the-counter interest rate swaps.

‘Interest rate contracts – Other’ covers other single currency over-the-counter and exchange-traded interest rate contracts including interest rate options written and purchased.

‘Foreign exchange contracts – OTC forwards’ covers over-the-counter foreign exchange forwards including foreign exchange forward contracts involving gold.

‘Foreign exchange contracts – OTC swaps’ covers over-the-counter foreign exchange swaps including cross currency interest rate swaps and foreign exchange swap contracts involving gold.

‘Foreign exchange contracts – Other’ covers other over-the-counter and exchange-traded foreign exchange contracts including other foreign exchange contracts involving gold.

‘Credit derivatives’ covers all credit derivatives contracts, both where protection is purchased and protection is sold. Banks were required to report credit derivatives exposure to APRA from June 2000 following a change to the Off-balance Sheet Business Return. This has necessitated a break in the series.

‘Other off-balance sheet business’ covers equity contracts including written and purchased options positions, derivatives based on gold and precious metals, base metals, energy and other commodities, and all other derivative activity.

Australia Lending Rate: Housing Loans: Banks: Variable: Owner Occupier: Standard Interest Only data was reported at 5.060 % pa in Jul 2020. This stayed constant from the previous number of 5.060 % pa for Jun 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Owner Occupier: Standard Interest Only data is updated monthly, averaging 5.720 % pa from Aug 2015 (Median) to Jul 2020, with 60 observations. The data reached an all-time high of 5.933 % pa in May 2019 and a record low of 5.060 % pa in Jul 2020. Australia Lending Rate: Housing Loans: Banks: Variable: Owner Occupier: Standard Interest Only 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.

India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia data was reported at 9.250 % pa in Sep 2016. This records a decrease from the previous number of 10.400 % pa for Jun 2016. India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia data is updated quarterly, averaging 10.900 % pa from Sep 2011 (Median) to Sep 2016, with 20 observations. The data reached an all-time high of 12.000 % pa in Sep 2012 and a record low of 9.250 % pa in Sep 2016. India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia 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.