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Deposit Interest Rate in Australia

Deposit Interest Rate in Australia

Indicator Data Period
Deposit Interest Rate 0.55 % Aug/20


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Australia - Historical Data (%)

What is average deposit bank interest rate in Australia?

  • Bank Deposit Interest Rate in Australia decreased to 0.55 % in August 2020. The maximum rate was 17.25 % and minimum was 0.55 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
0.55 Aug/20 05.09.2020
0.6 Jul/20 08.08.2020
0.6 Jun/20 04.07.2020
0.75 May/20 06.06.2020
0.9 Apr/20 09.05.2020
0.9 Mar/20 04.04.2020
1.15 Feb/20 14.03.2020
1.15 Jan/20 08.02.2020


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 Aug/20 6.57 % 6.57
Interbank Rate Sep/19 1.22 % 1.1
Interest Rate Sep/20 0.25 % 0.25
Loans to Private Sector Jul/20 702.029 B USD 709.085
Money Supply M1 Jul/20 898.174 B USD 889.002
Central Bank Balance Sheet 209.323 B USD 210.991
Foreign Direct Investment 2019 36.697 B USD 57.073

Deposit Interest Rate in other countries

Country Updated Actual Previous
Australia Aug/20 0.55 % 0.6
New Zealand 2020 0.2 % 0.29
Papua New Guinea 2019 0.88 % 0.68
Fiji 2018 3.29 % 3.33