Central bank discount rate: 3% (28 February 2013)
4.35% (31 December 2010)
note: this is the Reserve Bank of Australia's "cash rate target," or policy rate
Definition: This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.
Source: CIA World Factbook - This page was last updated on January 20, 2018