Deposit Interest Rate in Australia remained unchanged at 2 percent in April from 2 percent in March of 2023. source: Reserve Bank of Australia
Deposit Interest Rate in Australia averaged 5.59 percent from 1981 until 2023, 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 June of 2023.
Deposit Interest Rate in Australia is expected to be 2.00 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 1.00 percent in 2024 and 0.65 percent in 2025, according to our econometric models.