Deposit Interest Rate in Australia
Deposit Interest Rate in Australia
| Indicator | Data | Period |
|---|---|---|
| Deposit Interest Rate | 3.5 % | Sep/23 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in Australia?
- Bank Deposit Interest Rate in Australia remained unchanged at 3.5 % in September 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
| 3.5 | Sep/23 | 09.10.2023 |
| 2.8 | Aug/23 | 07.09.2023 |
| 2.8 | Jul/23 | 08.08.2023 |
| 2.4 | Jun/23 | 14.07.2023 |
| 2.4 | May/23 | 07.06.2023 |
| 2 | Apr/23 | 05.05.2023 |
| 2 | Mar/23 | 11.04.2023 |
| 1.6 | Feb/23 | 02.03.2023 |
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 | Sep/23 | 10.51 % | 10.51 |
| Interbank Rate | Jul/23 | 4.07 % | 4.02 |
| Interest Rate | Oct/23 | 4.1 % | 4.1 |
| Loans to Private Sector | Aug/23 | 705.392 B USD | 700.257 |
| Money Supply M1 | Aug/23 | 1039.795 B USD | 1032.092 |
| Central Bank Balance Sheet | 342.594 B USD | 347.806 | |
| Foreign Direct Investment | 2022 | 57.028 B USD | 17.857 |
Deposit Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Australia | Sep/23 | 3.5 % | 3.5 |
| New Zealand | 2023 | 5.36 % | 5.36 |
| Papua New Guinea | 2022 | 0.24 % | 0.28 |
| Fiji | 2022 | 1.11 % | 1.85 |
