Australian Interest Rate Predictions 2024. 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. Ahead of its meeting next week, the rba has effectively talked itself into a corner:
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. This decision supports progress of inflation to the midpoint.