Interest rates – 1993 to date
Homeloans and Prime Lending Rate
|
Homeloan Rate |
Prime Lending Rate |
||
|
Date of Change |
Rate |
Date of Change |
Rate |
|
22 February 1993 |
16.00% |
22 February 1993 |
16.25% |
|
15 November 1993 |
15.25% |
1 November 1993 |
15.25% |
|
28 October 1994 |
16.25% |
26 September 1994 |
16.25% |
|
23 March 1995 |
17.25% |
25 February 1995 |
17.50% |
|
3 July 1995 |
18.25% |
3 July 1995 |
18.50% |
|
29 April 1996 |
19.25% |
29 April 1996 |
19.50% |
|
20 May 1996 |
20.25% |
20 May 1996 |
20.50% |
|
1 July 1996 |
19.25% |
1 July 1996 |
19.50% |
|
1 October 1996 |
19.00% |
1 October 1996 |
19.20% |
|
21 November 1996 |
20.00% |
21 November 1996 |
20.25% |
|
1 November 1997 |
19.00% |
1 November 1997 |
19.20% |
|
10 March 1998 |
18.00% |
10 March 1998 |
18.25% |
|
17 June 1998 |
20.00% |
17 June 1998 |
20.25% |
|
4 July 1998 |
22.00% |
20 June 1998 |
21.25% |
|
25 June 1998 |
20.25% |
||
|
30 June 1998 |
22.25% |
||
|
4 July 1998 |
23.25% |
||
|
14 July 1998 |
24.00% |
||
|
29 August 1998 |
23.50% |
29 August 1998 |
25.50% |
|
12 September 1998 |
24.00% |
19 October 1998 |
24.50% |
|
19 October 1998 |
23.00% |
9 November 1998 |
23.50% |
|
15 December 1998 |
22.75% |
7 December 1998 |
23.00% |
|
11 January 1999 |
22.00% |
11 January 1999 |
22.00% |
|
1 March 1999 |
21.00% |
12 February 1999 |
21.00% |
|
15 March 1999 |
20.00% |
15 March 1999 |
20.00% |
|
26 April 1999 |
19.00% |
26 April 1999 |
19.00% |
|
25 June 1999 |
18.00% |
25 June 1999 |
18.00% |
|
14July 1999 |
17.50% |
14 July 1999 |
17.50% |
|
2 August 1999 |
16.50% |
2 August 1999 |
16.50% |
|
4 October 1999 |
15.50% |
4 October 1999 |
15.50% |
|
25 January 2000 |
14.50% |
25 January 2000 |
14.50% |
|
18 June 2001 |
13.75% |
18 June 2001 |
13.75% |
|
1 August 2001 |
13.50% |
16 July 2001 |
13.50% |
|
10 October 2001 |
13.00% |
25 September 2001 |
13.00% |
|
28 January 2002 |
14.00% |
16 January 2002 |
14.00% |
|
18 March 2002 |
15.00% |
18 March 2002 |
15.00% |
|
1 July 2002 |
16.00% |
1 July 2002 |
16.00% |
|
14 September 2002 |
17.00% |
14 September 2002 |
17.00% |
|
12 June 2003 |
15.50% |
12 June 2003 |
15.50% |
|
18 August 2003 |
14.50% |
14 August 2003 |
14.50% |
|
11 September 2003 |
13.50% |
11 September 2003 |
13.50% |
|
20 October 2003 |
12.00% |
20 October 2003 |
12.00% |
|
15 December 2003 |
11.50% |
15 December 2003 |
11.50% |
|
16 August 2004 |
11.00% |
13 August 2004 |
11.00% |
|
15 April 2005 |
10.50% |
14 April 2005 |
10.50% |
|
8 June 2006 |
11.00% |
8 June 2006 |
11.00% |
|
3 August 2006 |
11.50% |
3 August 2006 |
11.50% |
|
12 October 2006 |
12.00% |
12 October 2006 |
12.00% |
|
6 December 2006 |
12.50% |
6 December 2006 |
12.50% |
|
8 June 2007 |
13.00% |
8 June 2007 |
13.00% |
|
22 October 2007 |
14.00% |
22 October 2007 |
14.00% |
|
7 December 2007 |
14.50% |
7 December 2007 |
14.50% |
|
10 April 2008>/p> |
15.00% |
10 April 2008 |
15.00% |
|
12 June 2008 |
15.5% |
12 June 2008 |
15.5% |
|
9 December 2008 |
15% |
05 February 2009 |
14.00% |
|
25 March 2009 |
>13% |
04 May 2009 |
12.00% |
|
29 May 2009 |
11% |
14 August 2009 |
10.50% |
|
01 April 2010 |
10% |
>10 September 2010 |
9.5% |