Interbank Rate in Australia remained unchanged at 3.60 percent in January. Interbank Rate in Australia averaged 6.77 percent from 1976 until 2026, reaching an all time high of 20.77 percent in August of 1982 and a record low of 0.03 percent in January of 2021. source: Reserve Bank of Australia

Interbank Rate in Australia is expected to be 3.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Interbank Overnight Cash Rate is projected to trend around 3.60 percent in 2027 and 3.10 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 369145.00 373147.00 AUD Million Jan 2026
Deposit Interest Rate 2.85 2.70 percent Dec 2025
Foreign Exchange Reserves 112452.00 110533.00 AUD Million Dec 2025
Interbank Rate 3.60 3.60 percent Jan 2026
RBA Interest Rate 3.60 3.60 percent Dec 2025
Private Sector Credit YoY 7.70 7.40 percent Dec 2025
Loans to Private Sector 1354.81 1344.79 AUD Billion Dec 2025
Money Supply M0 315.00 325.43 AUD Billion Dec 2025
Money Supply M1 1952.98 1937.08 AUD Billion Dec 2025
Money Supply M3 3350.20 3333.09 AUD Billion Dec 2025


Australia Interbank Overnight Cash Rate
In Australia, the ‘Interbank Overnight Cash Rate' is a weighted average interest rate on overnight unsecured loans between banks in the Australian dollar market.
Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.60 20.77 0.03 1976 - 2026 percent Monthly