Australian Interest Rates 2024. The comparison table below is based on savings accounts on canstar’s database, with rates based on a deposit of $10,000. The highest rates on savings.
Australia is generally seen as been a touch behind the us in its battle with inflation. The rba will hold its next meeting on interest rates on may 7.
The Comparison Table Below Is Based On Savings Accounts On Canstar’s Database, With Rates Based On A Deposit Of $10,000.
What about australian interest rates?
At Its February 2024 Meeting, The Reserve Bank Board Decided To Leave The Cash Rate Target Unchanged At 4.35 Per Cent.
Australia’s inflation rate slows less than expected to 3.6%, dimming hopes of interest rate relief read more sure, two inflation gauges that strip out some of more.
At Its Meeting Today, The Board Decided To Leave The Cash Rate Target Unchanged At 4.35 Per Cent And The Interest Rate Paid On Exchange Settlement Balances.
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90 Days Was Reported At 4.33 % Pa In Mar 2024.
In the latest reports, australia short term interest rate:
The Rba Has Increased The Cash Rate By 425Bps Since It Commenced Its Tightening Cycle In May 2022.
Enhancing the transparency of interest rates
Australia’s Inflation Rate Slows Less Than Expected To 3.6%, Dimming Hopes Of Interest Rate Relief Read More Sure, Two Inflation Gauges That Strip Out Some Of More.