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Australia Bank Lending Rate

Bank Lending Rate in Australia

Indicator Data Period
Bank Lending Rate 6.51 % Sep/20


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     Australia - Historical Data (%)

What is Australia Bank Lending Rate?

  • Bank Lending Rate in Australia decreased to 6.51 % in September 2020. The maximum level was 21.05 % and minimum was 6.51 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
6.51 Sep/20 03.10.2020
6.57 Aug/20 05.09.2020
6.57 Jul/20 08.08.2020
6.57 Jun/20 29.07.2020
7.92 Feb/20 14.03.2020
7.92 Jan/20 08.02.2020
7.92 Dec/19 04.01.2020
7.92 Nov/19 07.12.2019


Historical Chart by prime ministers (%)

Bank Lending Rate in Australia by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Malcolm Turnbull 15.09.2015 - 24.08.2018 8.6500 8.6500 8.6500 8.6500 0.00%

Other money indicators in Australia

Index Updated Actual Previous
Interbank Rate Sep/19 1.22 % 1.1
Interest Rate Oct/20 0.25 % 0.25
Loans to Private Sector Aug/20 706.709 B USD 708.846
Money Supply M1 Aug/20 914.019 B USD 906.895
Central Bank Balance Sheet 210.126 B USD 213.24
Deposit Interest Rate Sep/20 0.55 % 0.55
Foreign Direct Investment 2019 37.053 B USD 57.627

Bank Lending Rate in other countries

Country Updated Actual Previous
Australia Sep/20 6.51 % 6.57
New Zealand Sep/20 8.44 % 8.38