Deposit Interest Rate in Australia
Deposit Interest Rate in Australia
| Indicator | Data | Period |
|---|---|---|
| Deposit Interest Rate | 1.6 % | Feb/23 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in Australia?
- Bank Deposit Interest Rate in Australia increased to 1.6 % in February 2023. The maximum rate was 17.25 % and minimum was 0.1 %.
- Data published Monthly by Reserve Bank.
Historical Data (%) by years
Data
Period
Date
| 1.6 | Feb/23 | 02.03.2023 |
| 1.4 | Jan/23 | 02.02.2023 |
| 1.4 | Dec/22 | 04.01.2023 |
| 1.4 | Nov/22 | 02.12.2022 |
| 1.2 | Oct/22 | 02.11.2022 |
| 0.45 | Sep/22 | 08.10.2022 |
| 0.3 | Aug/22 | 03.09.2022 |
| 0.3 | Jul/22 | 06.08.2022 |
Historical Chart by prime ministers (%)
Deposit Interest Rate in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other money indicators in Australia
| Index | Updated | Actual | Previous |
| Bank Lending Rate | Feb/23 | 9.76 % | 9.51 |
| Interbank Rate | Sep/19 | 1.22 % | 1.1 |
| Interest Rate | Mar/23 | 3.6 % | 3.35 |
| Loans to Private Sector | Jan/23 | 804.892 B USD | 802.898 |
| Money Supply M1 | Jan/23 | 1098.003 B USD | 1093.35 |
| Central Bank Balance Sheet | 418.822 B USD | 416.309 | |
| Foreign Direct Investment | 2021 | 22.195 B USD | 19.457 |
Deposit Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Australia | Feb/23 | 1.6 % | 1.4 |
| New Zealand | 2023 | 4.85 % | 4.85 |
| Papua New Guinea | 2022 | 0.24 % | 0.28 |
| Fiji | 2022 | 1.11 % | 1.85 |
