
Australia: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 9.9 percent as of December 2024, no change compared to the previous value of 9.9 percent. Historically, the average for Australia from January 2000 to December 2024 is 8.08 percent. The minimum of 5.63 percent was recorded in September 2021, while the maximum of 10.83 percent was reached in July 2008.
Click on the following link to see the values of: Business credit interest rate around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: Reserve Bank of Australia
Recent values | Australia: Business credit interest rate, percent |
---|---|
2024  Dec | 9.9 |
2024  Nov | 9.9 |
2024  Oct | 9.9 |
2024  Sep | 9.9 |
2024  Aug | 9.9 |
2024  Jul | 9.9 |
2024  Jun | 9.9 |
2024  May | 9.9 |
Download data from our database
Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 5.6 | 2023 | percent |
Exchange rate regimes | 7 | 2022 | index points |
USD exchange rate | 1.6064 | 1/2025 | Local Currency Units per USD |
Money supply (broad money) | 3,124.80 | 12/2024 | billion |
Consumer Price Index (CPI) | 139.4000 | Q4/2024 | index points |
Inflation, monthly | 0.22 | Q4/2024 | percent |
Inflation, annual | 2.42 | Q4/2024 | percent |
Private sector credit | 3,437.24 | 12/2024 | billion |
Business credit | 1,096.72 | 12/2024 | billion |
Household credit | 2,340.53 | 12/2024 | billion |
Mortgage credit | 2,247.17 | 12/2024 | billion |
Consumer credit | 93.36 | 12/2024 | billion |
Deposit interest rate | 4.20 | 12/2024 | percent |
Business credit interest rate | 9.90 | 12/2024 | percent |
Mortgage credit interest rate | 7.51 | 12/2024 | percent |
Policy rate | 4.35 | 12/2024 | percent |
Household debt to GDP | 111.50 | 6/2024 | percent |
Debt service ratios for private non-financial sector | 21.30 | Q2/2024 | percent |