Deposit Interest Rate in Australia remained unchanged at 1.90 percent in November from 1.90 percent in October of 2018. Deposit Interest Rate in Australia averaged 6.16 percent from 1981 until 2018, reaching an all time high of 17.25 percent in October of 1989 and a record low of 1.90 percent in December of 2017.

Deposit Interest Rate in Australia is expected to be 1.90 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 1.90 in 12 months time. In the long-term, the Deposit Interest Rate in Australia is projected to trend around 2.40 percent in 2020, according to our econometric models.

Deposit Interest Rate in Australia
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Forecast Data Chart
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Australia Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 17.50 1.50 percent [+]
Money Supply M0 111.62 109.68 111.62 4.09 AUD Billion [+]
Money Supply M1 357.01 357.10 358.22 8.25 AUD Billion [+]
Interbank Rate 2.24 2.49 18.18 1.87 percent [+]
Money Supply M3 2100.71 2092.84 2100.71 10.19 AUD Billion [+]
Foreign Exchange Reserves 66029.00 64038.00 88457.00 1126.00 AUD Million [+]
Banks Balance Sheet 4278.05 4268.34 4278.05 322.96 AUD Billion [+]
Central Bank Balance Sheet 171613.00 177782.00 202663.00 30418.00 AUD Million [+]
Loans to Private Sector 948.09 944.03 948.09 20.21 AUD Billion [+]
Deposit Interest Rate 1.90 1.90 17.25 1.90 percent [+]
Private Debt to GDP 205.50 208.60 210.90 120.50 percent [+]


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. This page includes a chart with historical data for Deposit Interest Rate in Australia. Deposit Interest Rate in Australia - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.90 17.25 1.90 1981 - 2018 percent Monthly
NSA




Country Last Previous
Turkey 22.50 Dec/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18


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