weighted average interest rate paid to institutions on all new term deposits
Supplementary notes
According to the source, data are compiled from monthly returns collected by APRA for all authorised deposit-taking Institutions (ADIs) with $4 billion in deposits or more.
Citation formats
Average monthly term deposit rate for institutions in Australia 2019-2023
In September 2023, the average monthly term deposit interest rate for institutions in Australia was *** percent per annum. The average deposit rate for new term deposits in Australia had declined to as low as *** percent per annum in 2021.
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Reserve Bank of Australia. (November 7, 2023). Average monthly term deposit interest rate for institutions in Australia from July 2019 to September 2023 (in percent per annum) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1425042/australia-monthly-institution-term-deposit-rate/
Reserve Bank of Australia. "Average monthly term deposit interest rate for institutions in Australia from July 2019 to September 2023 (in percent per annum)." Chart. November 7, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1425042/australia-monthly-institution-term-deposit-rate/
Reserve Bank of Australia. (2023). Average monthly term deposit interest rate for institutions in Australia from July 2019 to September 2023 (in percent per annum). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1425042/australia-monthly-institution-term-deposit-rate/
Reserve Bank of Australia. "Average Monthly Term Deposit Interest Rate for Institutions in Australia from July 2019 to September 2023 (in Percent per Annum)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 7 Nov 2023, /statistics/1425042/australia-monthly-institution-term-deposit-rate/
Reserve Bank of Australia, Average monthly term deposit interest rate for institutions in Australia from July 2019 to September 2023 (in percent per annum) ÌÇÐÄÆƽâ°æ, /statistics/1425042/australia-monthly-institution-term-deposit-rate/ (last visited July 28, 2026)
Average monthly term deposit interest rate for institutions in Australia from July 2019 to September 2023 (in percent per annum) [Graph], Reserve Bank of Australia, November 7, 2023. [Online]. Available: /statistics/1425042/australia-monthly-institution-term-deposit-rate/
