Deposit Interest Rate in Australia decreased to 0.10 percent in February from 0.15 percent in January of 2021. source: Reserve Bank of Australia
Deposit Interest Rate in Australia averaged 5.87 percent from 1981 until 2021, reaching an all time high of 17.25 percent in October of 1989 and a record low of 0.10 percent in February 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 March of 2021.
Deposit Interest Rate in Australia is expected to be 0.15 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 0.15 in 12 months time. In the long-term, the Deposit Interest Rate in Australia is projected to trend around 0.15 percent in 2022, according to our econometric models.