Interest Rates




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Every month the Reserve Bank of Australia issues a target Policy Interest rate, from which most other loans take their lead.

The historic figures for these changes have been:

Date
23-Jan-1990
15-Feb-1990
4-Apr-1990
2-Aug-1990
15-Oct-1990
18-Dec-1990
4-Apr-1991
16-May-1991
3-Sep-1991
6-Nov-1991
8-Jan-1992
6-May-1992
8-Jul-1992
23-Mar-1993
30-Jul-1993
17-Aug-1994
24-Oct-1994
14-Dec-1994
31-Jul-1996
6-Nov-1996
11-Dec-1996
23-May-1997
30-Jul-1997
2-Dec-1998
3-Nov-1999
Rate
17.50%
17.00%
15.50%
14.00%
13.00%
12.00%
11.50%
10.50%
9.50%
8.50%
7.50%
6.50%
5.75%
5.25%
4.75%
5.50%
6.50%
7.50%
7.00%
6.50%
6.00%
5.50%
5.00%
4.75%
5.00%
Date
2-Feb-2000
5-Apr-2000
3-May-2000
2-Aug-2000
7-Feb-2001
7-Mar-2001
4-Apr-2001
5-Sep-2001
3-Oct-2001
5-Dec-2001
8-May-2002
5-Jun-2002
5-Nov-2003
3-Dec-2003
2-Mar-2005
3-May-2006
2-Aug-2006
8-Nov-2006
8-Aug-2007
7-Nov-2007
6-Feb-2008
5-Mar-2008
3-Sep-2008
8-Oct-2008
5-Nov-2008
Rate
5.50%
5.75%
6.00%
6.25%
5.75%
5.50%
5.00%
4.75%
4.50%
4.25%
4.50%
4.75%
5.00%
5.25%
5.50%
5.75%
6.00%
6.25%
6.50%
6.75%
7.00%
7.25%
7.00%
6.00%
5.25%
Date
3-Dec-2008
4-Feb-2009
8-Apr-2009
7-Oct-2009
4-Nov-2009
1-Dec-2009
Rate
4.25%
3.25%
3.00%
3.25%
3.50%
3.75%
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