Deposit Interest Rate in Australia

Deposit Interest Rate in Australia remained unchanged at 1.85 percent in May from 1.85 percent in April of 2019. Deposit Interest Rate in Australia averaged 6.11 percent from 1981 until 2019, reaching an all time high of 17.25 percent in October of 1989 and a record low of 1.85 percent in December of 2018.

Deposit Interest Rate in Australia is expected to be 1.85 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 1.60 in 12 months time. In the long-term, the Deposit Interest Rate in Australia is projected to trend around 2.10 percent in 2020, according to our econometric models.

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Australia Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	1.25	1.50	17.50	1.25	percent	[+]
Money Supply M0	112.58	112.67	114.54	4.09	AUD Billion	[+]
Money Supply M1	359.46	357.52	359.46	8.25	AUD Billion	[+]
Interbank Rate	1.40	1.75	18.18	1.40	percent	[+]
Money Supply M3	2153.52	2150.29	2153.52	10.19	AUD Billion	[+]
Foreign Exchange Reserves	79919.00	75668.00	88457.00	1126.00	AUD Million	[+]
Banks Balance Sheet	4404.79	4340.40	4404.79	322.97	AUD Billion	[+]
Central Bank Balance Sheet	183002.00	187884.00	202663.00	30418.00	AUD Million	[+]
Loans to Private Sector	962.11	962.06	962.11	20.21	AUD Billion	[+]
Deposit Interest Rate	1.85	1.85	17.25	1.85	percent	[+]
Private Debt to GDP	205.30	205.30	209.60	120.50	percent	[+]

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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.85	1.85	17.25	1.85	1981 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
Argentina	50.44	Jun/19	50.27	85.38 : 0	%
Turkey	22.50	Jun/19	22.5	398 : 1.5	%
South Africa	7.17	Apr/19	7.15	21.6 : 5.08	%
Brazil	6.19	Mar/19	5.7	54180 : 5.66	%
Russia	5.82	Apr/19	6.12	102 : 5	%
Indonesia	5.25	Jun/19	5.25	56 : 3	%
Mexico	3.72	Mar/19	3.69	126 : 0.55	%
Saudi Arabia	3.40	Jun/19	3.4	9.04 : 0.5	%
South Korea	2.06	Mar/19	2.07	19.5 : 1.37	%
Australia	1.85	May/19	1.85	17.25 : 1.85	%
Canada	1.81	Jun/19	1.81	22.06 : 0.1	%
United Kingdom	0.50	May/19	0.5	4.25 : 0	%
China	0.35	May/19	0.35	3.15 : 0.35	%
Singapore	0.20	Apr/19	0.2	12.8 : 0.13	%
Japan	-0.09	Jun/19	-0.22	16.25 : -0.51	%
Switzerland	-0.31	Apr/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Jun/19	-0.4	3.75 : -0.4	%