Deposit Interest Rate in Australia remained unchanged at 0.05 percent in October from 0.05 percent in September of 2021. source: Reserve Bank of Australia

Deposit Interest Rate in Australia averaged 5.78 percent from 1981 until 2021, reaching an all time high of 17.25 percent in October of 1989 and a record low of 0.05 percent in September of 2021. This page includes a chart with historical data for Deposit Interest Rate in Australia. Deposit Interest Rate in Australia - values, historical data and charts - was last updated on November of 2021.

Deposit Interest Rate in Australia is expected to be 0.05 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Australia is projected to trend around 0.05 percent in 2022 and 0.20 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Australia


Related Last Previous Unit Reference
Interest Rate 0.10 0.10 percent Nov/21
Money Supply M1 1535.46 1511.90 AUD Billion Sep/21
Money Supply M0 484.18 479.31 AUD Billion Sep/21
Interbank Rate 1.22 1.10 percent Sep/19
Money Supply M3 2581.49 2547.93 AUD Billion Sep/21
Central Bank Balance Sheet 603248.00 601838.00 AUD Million Nov/21
Foreign Exchange Reserves 75966.00 82142.00 AUD Million Oct/21
Banks Balance Sheet 5169.50 5280.83 AUD Billion Mar/21
Loans to Private Sector 1038.41 1030.41 AUD Billion Sep/21
Deposit Interest Rate 0.05 0.05 percent Oct/21
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.