INTEREST RATE HEADER
Information on the Reserve Bank of Australia and Australian Interest Rates from 1959 - 2013


Home Loan F05 Indicator Lending Rates

The graph below shows the Historical F05 Indicator Lending Rates for home loans, which appear to me to be about 1.8 to 2.5% higher than the Reserve Bank of Australia's official cash interest rate. However, recently the banks and other lenders have increased their rates independently of the official cash rate.

The Reserve Bank sets the cash rate then Australian banks and lenders add their margin of approx 1.8 to 2.5% to get the rate at which they lend to borrowers for loans and mortgages. If you have an existing variable rate home loan then your lending bank will generally increase the interest rate on your loan by whatever increase the Reserve Bank makes to the cash rate, or decrease it if the opposite occurs, but not always the full amount on the lowering of loan interest rates.

The Reserve Bank of Australia's (RBA) main responsibility is monetary policy. Policy decisions are made by the Reserve Bank Board, with the objective of achieving low and stable inflation over the medium term. Other major roles are maintaining financial system stability and promoting the safety and efficiency of the payments system. The Bank is an active participant in financial markets, manages Australia's foreign reserves, issues Australian currency notes and serves as banker to the Australian Government.

The Reserve Bank's 'charter', says:

'It is the duty of the Reserve Bank Board, within the limits of its powers, to ensure that the monetary and banking policy of the Bank is directed to the greatest advantage of the people of Australia and that the powers of the Bank ... are exercised in such a manner as, in the opinion of the Reserve Bank Board, will best contribute to:

(a) the stability of the currency of Australia;
(b) the goal of full employment in Australia; and
(c) the economic prosperity and welfare of the people of Australia.'

All information on this page courtesy RBA
HOME LOAN INTEREST RATES


Fast No Obligation Home Loan Enquiry

Best Rate Home Loan

Refinance Loan

Investment Property or Equity Loan

Home Loan for the Credit Impaired

Lo Doc and No Doc Home Loan




Standard Variable Home Loan Interest Rates 1982 - 2013 Australia

Standard Variable Home Loan Interest Rates 1959 - 2013 Australia


MONTH-YEAR
Jan-1959
Feb-1959
Mar-1959
Apr-1959
May-1959
Jun-1959
Jul-1959
Aug-1959
Sep-1959
Oct-1959
Nov-1959
Dec-1959
Jan-1960
Feb-1960
Mar-1960
Apr-1960
May-1960
Jun-1960
Jul-1960
Aug-1960
Sep-1960
Oct-1960
Nov-1960
Dec-1960
Jan-1961
Feb-1961
Mar-1961
Apr-1961
May-1961
Jun-1961
Jul-1961
Aug-1961
Sep-1961
Oct-1961
Nov-1961
Dec-1961
Jan-1962
Feb-1962
Mar-1962
Apr-1962
May-1962
Jun-1962
Jul-1962
Aug-1962
Sep-1962
Oct-1962
Nov-1962
Dec-1962
Jan-1963
Feb-1963
Mar-1963
Apr-1963
May-1963
Jun-1963
Jul-1963
Aug-1963
Sep-1963
Oct-1963
Nov-1963
Dec-1963
Jan-1964
Feb-1964
Mar-1964
Apr-1964
May-1964
Jun-1964
Jul-1964
Aug-1964
Sep-1964
Oct-1964
Nov-1964
Dec-1964
Jan-1965
Feb-1965
Mar-1965
Apr-1965
May-1965
Jun-1965
Jul-1965
Aug-1965
Sep-1965
Oct-1965
Nov-1965
Dec-1965
Jan-1966
Feb-1966
Mar-1966
Apr-1966
May-1966
Jun-1966
Jul-1966
Aug-1966
Sep-1966
Oct-1966
Nov-1966
Dec-1966
Jan-1967
Feb-1967
Mar-1967
Apr-1967
May-1967
Jun-1967
Jul-1967
Aug-1967
Sep-1967
Oct-1967
Nov-1967
Dec-1967
Jan-1968
Feb-1968
Mar-1968
Apr-1968
May-1968
Jun-1968
Jul-1968
Aug-1968
Sep-1968
Oct-1968
Nov-1968
Dec-1968
Jan-1969
Feb-1969
Mar-1969
Apr-1969
May-1969
Jun-1969
Jul-1969
Aug-1969
Sep-1969
Oct-1969
Nov-1969
Dec-1969
Jan-1970
Feb-1970
Mar-1970
Apr-1970
May-1970
Jun-1970
Jul-1970
Aug-1970
Sep-1970
Oct-1970
Nov-1970
Dec-1970
Jan-1971
Feb-1971
Mar-1971
Apr-1971
May-1971
Jun-1971
Jul-1971
Aug-1971
Sep-1971
Oct-1971
Nov-1971
Dec-1971
Jan-1972
Feb-1972
Mar-1972
Apr-1972
May-1972
Jun-1972
Jul-1972
Aug-1972
Sep-1972
Oct-1972
Nov-1972
Dec-1972
Jan-1973
Feb-1973
Mar-1973
Apr-1973
May-1973
Jun-1973
Jul-1973
Aug-1973
Sep-1973
Oct-1973
Nov-1973
Dec-1973
Jan-1974
Feb-1974
Mar-1974
Apr-1974
May-1974
RATE
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.13
5.13
5.13
5.13
5.13
5.13
5.13
5.13
5.13
5.13
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.38
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
5.88
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.25
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
8.38
8.38
8.38
8.38
8.38
8.38
8.38
8.38

MONTH-YEAR
Jun-1974
Jul-1974
Aug-1974
Sep-1974
Oct-1974
Nov-1974
Dec-1974
Jan-1975
Feb-1975
Mar-1975
Apr-1975
May-1975
Jun-1975
Jul-1975
Aug-1975
Sep-1975
Oct-1975
Nov-1975
Dec-1975
Jan-1976
Feb-1976
Mar-1976
Apr-1976
May-1976
Jun-1976
Jul-1976
Aug-1976
Sep-1976
Oct-1976
Nov-1976
Dec-1976
Jan-1977
Feb-1977
Mar-1977
Apr-1977
May-1977
Jun-1977
Jul-1977
Aug-1977
Sep-1977
Oct-1977
Nov-1977
Dec-1977
Jan-1978
Feb-1978
Mar-1978
Apr-1978
May-1978
Jun-1978
Jul-1978
Aug-1978
Sep-1978
Oct-1978
Nov-1978
Dec-1978
Jan-1979
Feb-1979
Mar-1979
Apr-1979
May-1979
Jun-1979
Jul-1979
Aug-1979
Sep-1979
Oct-1979
Nov-1979
Dec-1979
Jan-1980
Feb-1980
Mar-1980
Apr-1980
May-1980
Jun-1980
Jul-1980
Aug-1980
Sep-1980
Oct-1980
Nov-1980
Dec-1980
Jan-1981
Feb-1981
Mar-1981
Apr-1981
May-1981
Jun-1981
Jul-1981
Aug-1981
Sep-1981
Oct-1981
Nov-1981
Dec-1981
Jan-1982
Feb-1982
Mar-1982
Apr-1982
May-1982
Jun-1982
Jul-1982
Aug-1982
Sep-1982
Oct-1982
Nov-1982
Dec-1982
Jan-1983
Feb-1983
Mar-1983
Apr-1983
May-1983
Jun-1983
Jul-1983
Aug-1983
Sep-1983
Oct-1983
Nov-1983
Dec-1983
Jan-1984
Feb-1984
Mar-1984
Apr-1984
May-1984
Jun-1984
Jul-1984
Aug-1984
Sep-1984
Oct-1984
Nov-1984
Dec-1984
Jan-1985
Feb-1985
Mar-1985
Apr-1985
May-1985
Jun-1985
Jul-1985
Aug-1985
Sep-1985
Oct-1985
Nov-1985
Dec-1985
Jan-1986
Feb-1986
Mar-1986
Apr-1986
May-1986
Jun-1986
Jul-1986
Aug-1986
Sep-1986
Oct-1986
Nov-1986
Dec-1986
Jan-1987
Feb-1987
Mar-1987
Apr-1987
May-1987
Jun-1987
Jul-1987
Aug-1987
Sep-1987
Oct-1987
Nov-1987
Dec-1987
Jan-1988
Feb-1988
Mar-1988
Apr-1988
May-1988
Jun-1988
Jul-1988
Aug-1988
Sep-1988
Oct-1988
Nov-1988
Dec-1988
Jan-1989
Feb-1989
Mar-1989
Apr-1989
May-1989
Jun-1989
Jul-1989
Aug-1989
Sep-1989
Oct-1989
RATE
8.38
10.38
10.38
10.38
10.38
10.38
10.38
10.38
10.38
10.38
10.13
10.13
10.13
10.13
10.13
10.38
10.38
10.38
10.38
10.38
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.88
9.63
9.38
9.38
9.38
9.38
9.38
9.38
9.38
9.38
9.38
9.38
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.13
9.63
9.88
9.88
9.88
10.25
10.25
10.25
10.25
10.25
11.00
11.50
11.50
11.50
11.50
11.50
11.50
11.50
12.00
12.00
12.50
12.50
12.50
12.50
12.50
13.00
13.50
13.50
13.50
13.50
13.50
13.50
13.50
13.50
13.50
13.50
12.50
12.50
12.50
12.50
12.50
12.50
12.50
12.00
12.00
12.00
12.00
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
11.50
12.00
12.00
12.00
12.50
12.50
13.00
13.50
13.50
13.50
13.50
13.50
13.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.50
15.00
15.00
14.50
14.00
14.00
14.00
13.50
13.50
13.50
13.50
13.50
14.50
14.50
14.50
14.50
14.50
15.00
15.00
15.50
16.00
16.00
16.00
17.00
17.00
17.00
17.00
17.00

MONTH-YEAR
Nov-1989
Dec-1989
Jan-1990
Feb-1990
Mar-1990
Apr-1990
May-1990
Jun-1990
Jul-1990
Aug-1990
Sep-1990
Oct-1990
Nov-1990
Dec-1990
Jan-1991
Feb-1991
Mar-1991
Apr-1991
May-1991
Jun-1991
Jul-1991
Aug-1991
Sep-1991
Oct-1991
Nov-1991
Dec-1991
Jan-1992
Feb-1992
Mar-1992
Apr-1992
May-1992
Jun-1992
Jul-1992
Aug-1992
Sep-1992
Oct-1992
Nov-1992
Dec-1992
Jan-1993
Feb-1993
Mar-1993
Apr-1993
May-1993
Jun-1993
Jul-1993
Aug-1993
Sep-1993
Oct-1993
Nov-1993
Dec-1993
Jan-1994
Feb-1994
Mar-1994
Apr-1994
May-1994
Jun-1994
Jul-1994
Aug-1994
Sep-1994
Oct-1994
Nov-1994
Dec-1994
Jan-1995
Feb-1995
Mar-1995
Apr-1995
May-1995
Jun-1995
Jul-1995
Aug-1995
Sep-1995
Oct-1995
Nov-1995
Dec-1995
Jan-1996
Feb-1996
Mar-1996
Apr-1996
May-1996
Jun-1996
Jul-1996
Aug-1996
Sep-1996
Oct-1996
Nov-1996
Dec-1996
Jan-1997
Feb-1997
Mar-1997
Apr-1997
May-1997
Jun-1997
Jul-1997
Aug-1997
Sep-1997
Oct-1997
Nov-1997
Dec-1997
Jan-1998
Feb-1998
Mar-1998
Apr-1998
May-1998
Jun-1998
Jul-1998
Aug-1998
Sep-1998
Oct-1998
Nov-1998
Dec-1998
Jan-1999
Feb-1999
Mar-1999
Apr-1999
May-1999
Jun-1999
Jul-1999
Aug-1999
Sep-1999
Oct-1999
Nov-1999
Dec-1999
Jan-2000
Feb-2000
Mar-2000
Apr-2000
May-2000
Jun-2000
Jul-2000
Aug-2000
Sep-2000
Oct-2000
Nov-2000
Dec-2000
Jan-2001
Feb-2001
Mar-2001
Apr-2001
May-2001
Jun-2001
Jul-2001
Aug-2001
Sep-2001
Oct-2001
Nov-2001
Dec-2001
Jan-2002
Feb-2002
Mar-2002
Apr-2002
May-2002
Jun-2002
Jul-2002
Aug-2002
Sep-2002
Oct-2002
Nov-2002
Dec-2002
Jan-2003
Feb-2003
Mar-2003
Apr-2003
May-2003
Jun-2003
Jul-2003
Aug-2003
Sep-2003
Oct-2003
Nov-2003
Dec-2003
Jan-2004
Feb-2004
Mar-2004
Apr-2004
May-2004
Jun-2004
Jul-2004
Aug-2004
Sep-2004
Oct-2004
Nov-2004
Dec-2004
Jan-2005
Feb-2005
Mar-2005
RATE
17.00
17.00
17.00
17.00
17.00
16.50
16.50
16.50
16.50
16.50
16.25
16.00
15.50
15.00
14.50
14.50
14.50
14.50
14.00
13.00
13.00
13.00
13.00
12.50
12.50
12.00
12.00
11.00
11.00
11.00
11.00
10.50
10.50
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
9.50
9.50
9.50
9.50
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
9.50
9.50
9.55
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
10.50
9.75
9.75
9.25
9.25
9.25
8.75
8.25
8.25
7.55
7.55
7.55
7.20
7.20
7.20
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.55
6.55
6.55
6.55
6.80
6.80
6.80
7.30
7.30
7.55
7.80
7.80
7.80
8.05
8.05
8.05
8.05
8.05
8.05
7.55
7.30
6.80
6.80
6.80
6.80
6.80
6.55
6.30
6.30
6.05
6.05
6.05
6.05
6.05
6.30
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.55
6.80
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.30

MONTH-YEAR
Apr-2005
May-2005
Jun-2005
Jul-2005
Aug-2005
Sep-2005
Oct-2005
Nov-2005
Dec-2005
Jan-2006
Feb-2006
Mar-2006
Apr-2006
May-2006
Jun-2006
Jul-2006
Aug-2006
Sep-2006
Oct-2006
Nov-2006
Dec-2006
Jan-2007
Feb-2007
Mar-2007
Apr-2007
May-2007
Jun-2007
Jul-2007
Aug-2007
Sep-2007
Oct-2007
Nov-2007
Dec-2007
Jan-2008
Feb-2008
Mar-2008
Apr-2008
May-2008
Jun-2008
Jul-2008
Aug-2008
Sep-2008
Oct-2008
Nov-2008
Dec-2008
Jan-2009
Feb-2009
Mar-2009
Apr-2009
May-2009
Jun-2009
Jul-2009
Aug-2009
Sep-2009
Oct-2009
Nov-2009
Dec-2009
Jan-2010
Feb-2010
Mar-2010
Apr-2010
May-2010
Jun-2010
Jul-2010
Aug-2010
Sep-2010
Oct-2010
Nov-2010
Dec-2010
Jan-2011
Feb-2011
Mar-2011
Apr-2011
May-2010
Jun-2011
Jul-2011
Aug-2011
Sep-2011
Oct-2011
Nov-2011
Dec-2011
Jan-2012
Feb-2012
March-2012
April-2012
May-2012
June-2012
July-2012
August-2012
September-2012
October-2012
November-2012
December-2012
January-2013
February-2013
March-2013
April-2013
May-2013
June-2013
July-2013
August-2013
September-2013
October-2013
November-2013
December-2013
January-2013
February-2014
March-2014
April-2014
May-2014
June-2014
July-2014
August-2014







































































RATE
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.55
7.55
7.55
7.80
7.80
7.80
8.05
8.05
8.05
8.05
8.05
8.05
8.05
8.05
8.05
8.30
8.30
8.30
8.55
8.55
8.70
9.00
9.35
9.45
9.45
9.45
9.45
9.45
9.30
8.57
7.31
6.85
5.95
5.65
5.65
5.55
5.55
5.55
5.55
5.55
5.74
5.99
6.24
6.65
6.65
6.65
6.91
7.16
7.40
7.40
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.79
7.54
7.30
7.30
7.30
7.36
7.36
6.99
6.99
6.99
6.99
6.99
6.60
6.60
6.40
6.40
6.40
6.40
6.40
6.15
6.15
6.15
5.53
5.53
5.53
5.53
5.53
5.53
5.53
5.53
5.53
5.53
5.53








































































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