Oceania Interest Rate

Insights
  • Australia's interest rate held steady at 3.6% in September 2025. This rate matches the 3.6% recorded in August 2025.
  • New Zealand's interest rate fell to 2.5% in October 2025 from 3% in August 2025. The Reserve Bank of New Zealand cut the rate by 50 basis points.
  • Papua New Guinea's interest rate rose to 5% in September 2025 from 4% in August 2025. The Bank of Papua New Guinea increased the Kina Facility Rate due to ongoing inflation and kina depreciation.

Data is available for the period 1990 to 2025 across 3 countries in Oceania.

World Major Countries Americas Europe Asia Oceania Africa
Country Current Value Previous Value Next Release Last Updated
Flag of Australia
Australia
3.6% 3.6% Nov 03, 2025 Sep 30, 2025
Flag of New Zealand
New Zealand
2.5% 3% Nov 26, 2025 Oct 08, 2025
Flag of Papua New Guinea
Papua New Guinea
5% 4% Sep 30, 2025
Oceania Interest Rate : Definition
The Interest Rate set by central banks is the benchmark rate at which commercial banks can borrow money from the central bank. It is the primary tool of monetary policy, influencing borrowing costs, consumer spending, business investment, inflation, and overall economic growth.