Deposit Interest Rate in Australia remained unchanged at 1.30 percent in December from 1.30 percent in November of 2019.

Deposit Interest Rate in Australia averaged 6.03 percent from 1981 until 2019, reaching an all time high of 17.25 percent in October of 1989 and a record low of 1.30 percent in October of 2019. This page includes a chart with historical data for Deposit Interest Rate in Australia. source: Reserve Bank of Australia

Deposit Interest Rate in Australia is expected to be 1.05 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Australia to stand at 1.30 in 12 months time. In the long-term, the Deposit Interest Rate in Australia is projected to trend around 1.30 percent in 2020, according to our econometric models.


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Deposit Interest Rate in Australia

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.30 17.25 1.30 1981 - 2019 percent Monthly
NSA

Deposit Interest Rate in Australia
The Deposit Interest Rate in Australia refers to the average rate offered by major banks on three-month fixed deposits of 10,000 Australian dollars.

Australia Money Last Previous Highest Lowest Unit
Interest Rate 0.75 0.75 17.50 0.75 percent [+]
Money Supply M0 115.06 115.25 115.25 4.09 AUD Billion [+]
Money Supply M1 1057.77 1051.17 1057.77 8.25 AUD Billion [+]
Interbank Rate 1.22 1.10 18.18 1.10 percent [+]
Money Supply M3 2155.58 2148.44 2157.45 10.19 AUD Billion [+]
Foreign Exchange Reserves 83844.00 77868.00 88457.00 1126.00 AUD Million [+]
Banks Balance Sheet 4806.76 4483.06 4806.76 322.97 AUD Billion [+]
Central Bank Balance Sheet 171022.00 161463.00 202663.00 30418.00 AUD Million [+]
Loans to Private Sector 972.33 968.39 972.33 20.21 AUD Billion [+]
Deposit Interest Rate 1.30 1.30 17.25 1.30 percent [+]
Private Debt to GDP 205.30 205.30 209.60 120.50 percent [+]