Short-term interest rate (per cent) - Australia - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In Australia, the short-term interest rate was 4.51 per cent in August 2026, versus 4.48 in the previous month.
Sample. There are 704 observations in the monthly series presented in the plot above. The series covers the time range extending from January 1968 to August 2026.
History. Here's a peek at some descriptive statistics we computed on the whole sample: the interest rate averaged 7.06 per cent; it recorded a minimum of 0.00 in November 1969; it hit a peak of 21.75 in May 1974.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 4.46 |
| 2026-07-31 | 4.48 |
| 2026-08-31 | 4.51 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Short-term interest rate |
| Country | Australia |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Short-term interest rates are the rates at which short-term borrowings are effected between financial institutions or the rate at which short-term government paper is issued or traded in the market. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.