2024 Interest Rates Australian Government

2024 Interest Rates Australian Government. Interest rate in australia averaged 3.86 percent from 1990 until 2024, reaching an all time high of 17.50 percent in january of 1990 and a record low of 0.10 percent in november of 2020. Our quarterly statement on monetary policy sets out the rba’s assessment of current economic and financial conditions as well as the outlook that the reserve bank board.

As you can see, australia’s is slightly lower than most other developed nations. Some are seeing this as a.