Interest spread, which is the difference between interest rate on loans and deposits reached 3.54% in 2019 in Australia, according to the National Central Bank. This is 7.95% more than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Australia reached an all time high of 4.18% in 2008 and an all time low of -1.89% in 1989.
Australia has been ranked 68th within the group of 96 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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