{"text_format":"3","workbook":"xls","n_sheets":1,"sheets":["3.21b"],"not_rendered":{"external_links":1,"defined_names":1},"read":"whole","date_system":"1900","formulas":"cached_only"}

{"sheet":"3.21b","index":0,"n_rows":77,"n_cols":21,"rows_kept":77,"flags":["formulas_cached_only"]}
[{"$nulls":14},"3.21b  Interest Rates of Banks","(a)"]
[]
[]
[{"$nulls":3},"Deposit",null,null,"  Passbook accounts (b)",{"$nulls":5},"Transaction and investment accounts (d)",{"$nulls":6},"Housing loans"]
[" end",null,null,"rate-",null,null,"    Small",null,null,"     Large",null,null,"Less than",null,"$2 000 to less",null,"$10 000",null,"Maxi-"]
["June",null,null," maximum (c)",null,null,"  balances",null,null,"  balances",null,null,"$2 000",null,"than $10 000",null,"and over",null,"mum (e)",null,"Actual (f)"]
[{"$nulls":12},"per cent per annum"]
["1950",null,null,"n.a.  ",null,null,{"v":2,"d":"2.00"},null,null,{"v":1,"d":"1.00"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,3.88]
["1951",null,null,"n.a.  ",null,null,{"v":2,"d":"2.00"},null,null,{"v":1,"d":"1.00"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,3.88]
["1952",null,null,"n.a.  ",null,null,{"v":2,"d":"2.00"},null,null,{"v":1,"d":"1.00"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,3.88]
["1953",null,null,"n.a.  ",null,null,2.25,null,null,1.25,null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":4.5,"d":"4.50"}]
["1954",null,null,"n.a.  ",null,null,2.25,null,null,1.25,null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":4.5,"d":"4.50"}]
["1955",null,null,"n.a.  ",null,null,{"v":2.5,"d":"2.50"},null,null,1.25,null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":4.5,"d":"4.50"}]
["1956",null,null,"n.a.  ",null,null,2.75,null,null,{"v":1.5,"d":"1.50"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":5,"d":"5.00"}]
["1957",null,null,"n.a.  ",null,null,2.75,null,null,{"v":1.5,"d":"1.50"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":5,"d":"5.00"}]
["1958",null,null,"n.a.  ",null,null,2.75,null,null,{"v":1.5,"d":"1.50"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":5,"d":"5.00"}]
["1959",null,null,"n.a.  ",null,null,{"v":3,"d":"3.00"},null,null,{"v":3,"d":"3.00"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":5,"d":"5.00"}]
["1960",null,null,"n.a.  ",null,null,{"v":3,"d":"3.00"},null,null,{"v":3,"d":"3.00"},null,null,". . ",null,". . ",null,". . ",null,"n.a.  ",null,{"v":5,"d":"5.00"}]
["1961",null,null,"n.a.  ",null,null,3.25,null,null,3.25,null,null,". . ",null,". . ",null,". . ",null,{"v":7,"d":"7.00  "},null,"5.25/5.75"]
["1962",null,null,"n.a.  ",null,null,{"v":3.5,"d":"3.50"},null,null,{"v":3.5,"d":"3.50"},null,null,". . ",null,". . ",null,". . ",null,{"v":7,"d":"7.00  "},null,"5.25/5.75"]
["1963",null,null,"n.a.  ",null,null,{"v":3,"d":"3.00"},null,null,{"v":3,"d":"3.00"},null,null,". . ",null,". . ",null,". . ",null,{"v":6.5,"d":"6.50  "},null,"4.75/5.25"]
["1964",null,null,"n.a.  ",null,null,3.25,null,null,3.25,null,null,". . ",null,". . ",null,". . ",null,{"v":7,"d":"7.00  "},null,"4.75/5.5"]
["1965",null,null,"n.a.  ",null,null,{"v":3.5,"d":"3.50"},null,null,{"v":3.5,"d":"3.50"},null,null,". . ",null,". . ",null,". . ",null,{"v":7.25,"d":"7.25  "},null,"5.00/5.75"]
["1966",null,null,"n.a.  ",null,null,{"v":3.5,"d":"3.50"},null,null,{"v":3.5,"d":"3.50"},null,null,". . ",null,". . ",null,". . ",null,{"v":7.25,"d":"7.25  "},null,"5.00/5.75"]
["1967",null,null,"n.a.  ",null,null,{"v":3.5,"d":"3.50"},null,null,{"v":3.5,"d":"3.50"},null,null,". . ",null,". . ",null,". . ",null,{"v":7.25,"d":"7.25  "},null,"5.00/5.75"]
["1968",null,null,"n.a.  ",null,null,{"v":3.5,"d":"3.50"},null,null,{"v":3.5,"d":"3.50"},null,null,". . ",null,". . ",null,". . ",null,{"v":7.25,"d":"7.25  "},null,"5.00/5.75"]
["1969",null,null,{"v":5,"d":"5.00  "},null,null,3.75,null,null,3.75,null,null,". . ",null,". . ",null,". . ",null,{"v":7.5,"d":"7.50  "},null,"5.50/6.25"]
["1970",null,null,{"v":5,"d":"5.00  "},null,null,3.75,null,null,4.25,null,null,". . ",null,". . ",null,{"v":5,"d":"5.00"},null,{"v":8.25,"d":"8.25  "},null,"6.25/8.25"]
["1971",null,null,{"v":5.25,"d":"5.25  "},null,null,3.75,null,null,4.25,null,null,". . ",null,". . ",null,5.25,null,{"v":8.25,"d":"8.25  "},null,"6.25/8.25"]
["1972",null,null,{"v":5,"d":"5.00  "},null,null,3.75,null,null,4.25,null,null,". . ",null,". . ",null,{"v":5,"d":"5.00"},null,{"v":7.75,"d":"7.75  "},null,"6.25/7.75"]
["1973",null,null,{"v":5,"d":"5.00  "},null,null,3.75,null,null,4.25,null,null,". . ",null,". . ",null,{"v":5,"d":"5.00"},null,{"v":7.75,"d":"7.75  "},null,"6.25/7.75"]
["1974",null,null,{"v":7,"d":"7.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,{"v":7,"d":"7.00"},null,{"v":8,"d":"8.00  "},null,"7.25/9.50"]
["1975",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,{"v":8,"d":"8.00"},null,{"v":10,"d":"10.00  "},null,"8.75/11.50"]
["1976",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,{"v":8,"d":"8.00"},null,{"v":10.5,"d":"10.50  "},null,"9.25/10.50"]
["1977",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,{"v":8,"d":"8.00"},null,{"v":10.5,"d":"10.50  "},null,"9.25/10.50"]
["1978",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,{"v":7.5,"d":"7.50"},null,{"v":10,"d":"10.00  "},null,9.25]
["1979",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,". . ",null,7.25,null,{"v":9.5,"d":"9.50  "},null,{"v":9.5,"d":"9.50"}]
["1980",null,null,{"v":9,"d":"9.00  "},null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":5,"d":"5.00"},null,{"v":8,"d":"8.00"},null,{"v":10,"d":"10.00  "},null,{"v":10,"d":"10.00"}]
["1981",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":8,"d":"8.00"},null,{"v":10,"d":"10.00"},null,{"v":11.5,"d":"11.50  "},null,{"v":11.5,"d":"11.50"}]
["1982",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":11,"d":"11.00"},null,{"v":12.5,"d":"12.50"},null,{"v":13.5,"d":"13.50  "},null,{"v":13.5,"d":"13.50"}]
["1983",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":11,"d":"11.00"},null,{"v":11,"d":"11.00"},null,{"v":13.5,"d":"13.50  "},null,{"v":12.5,"d":"12.50"}]
["1984",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":10,"d":"10.00"},null,9.75,null,{"v":13.5,"d":"13.50  "},null,{"v":11.5,"d":"11.50"}]
["1985",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":10,"d":"10.00"},null,{"v":10,"d":"10.00"},null,{"v":13.5,"d":"13.50  "},null,{"v":12,"d":"12.00"}]
["1986",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":12,"d":"12.00"},null,"10.00/14.50",null,". .   ",null,{"v":15.5,"d":"15.50"}]
["1987",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,{"v":11.5,"d":"11.50"},null,"10.00/14.00",null,". .   ",null,{"v":15.5,"d":"15.50"}]
["1988",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,". . ",null,8.75,null,"8.00/11.50",null,". .   ",null,{"v":13.5,"d":"13.50"}]
["1989",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,"8.50/8.75",null,"9.00/10.00",null,"11.00/15.50",null,". .   ",null,{"v":17,"d":"17.00"}]
["1990",null,null,". .   ",null,null,3.75,null,null,{"v":6,"d":"6.00"},null,null,"7.00/8.50",null,"9.00/10.00",null,"10.00/13.00",null,". .   ",null,{"v":16.5,"d":"16.50"}]
["1991",null,null,". .   ",null,null,{"v":4.5,"d":"4.50"},null,null,{"v":5.9,"d":"5.90"},null,null,"5.00/5.50",null,"5.75/6.75",null,"6.75/8.50",null,". .   ",null,{"v":13,"d":"13.00"}]
["1992",null,null,". .   ",null,null,{"v":3.4,"d":"3.40"},null,null,{"v":3.9,"d":"3.90"},null,null,{"v":3,"d":"3.00"},null,"3.00/4.00",null,"4.00/5.25",null,". .   ",null,{"v":10.5,"d":"10.50"}]
["1993",null,null,". .   ",null,null,{"v":2.4,"d":"2.40"},null,null,2.75,null,null,"2.00/2.25",null,"2.25/2.75",null,"2.75/4.00",null,". .   ",null,{"v":9.5,"d":"9.50"}]
["1994",null,null,". .   ",null,null,1.65,null,null,2.15,null,null,"1.25/1.50",null,"1.25/2.50",null,"2.50/3.75",null,". .   ",null,8.75]
["1995",null,null,". .   ",null,null,1.55,null,null,{"v":2.1,"d":"2.10"},null,null,"1.15/1.75",null,"1.25/2.75",null,"2.75/4.50",null,". .   ",null,{"v":10.5,"d":"10.50"}]
["1996",null,null,". .   ",null,null,{"v":1,"d":"1.00"},null,null,2.25,null,null,{"v":1.3,"d":"1.3  "},null,{"v":1.6,"d":"1.6  "},null,{"v":3.6,"d":"3.6  "},null,". .   ",null,9.75]
["1997",null,null,". .   ",null,null,". . ",null,null,". . ",null,null,{"v":0.2,"d":"0.2  "},null,{"v":0.3,"d":"0.3  "},null,{"v":1.4,"d":"1.4  "},null,". .   ",null,{"v":7.2,"d":"7.20"}]
[]
[]
[]
["(a)","Data prior to December 1989 refers to institutions classified as savings banks to that time (when the formal distinction from trading banks was"]
[null,"removed). Comparability over time of some series is affected by changing nature of, and conditions attaching to, different accounts."]
["(b)","Formerly kown as \"ordinary accounts\". Up to March 1974 there were limits on the amount of deposit balances bearing interest. Up to 1990 "]
[null,"rates shown are the predominant rate offered. Following the introduction of a wider range of tiered account structures, rates shown from 1991 "]
[null,"are mid-points of the range of rates offered by the major banks, and, small deposit balances are defined as balances less than $5,000."]
["(c)","Controls imposed on savings bank deposit rates cannot be summarised by a single series until 1969 when a single maximum interest was"]
[null,"applied. The maximum rate was removed in December 1980."]
["(d)","Prior to December 1988, data in the $2 000 to $10 000 column shows the predominant rate offered on statement accounts by savings banks."]
[null,"Prior to April 1986, data in the over $10 000 column shows the predominant rate offered on investment accounts by savings banks, from "]
[null,"then to December 1988 shows the range of rates offered. From 1996 shows average rate of major banks."]
["(e)","The interest rate ceiling on new loans was discontinued in April 1986. At that time it covered loans for owner-occupation up to $100 000."]
["(f)","Prior to April 1970, the rates shown are the range of rates predominantly charged. From April 1970, the rates are the standard range of rates "]
[null,"on new loans. From October 1973 to February 1976 these rates include some housing loans not covered by the interest rate ceiling."]
[]
["Sources:",null,null,"\"Press Release\", Reserve Bank of Australia, Sydney, occasional."]
[{"$nulls":3},"\"Reserve Bank of Australia Bulletin\", Sydney, monthly."]
[{"$nulls":3}," \"Statistical Bulletin Financial Supplement\", Reserve Bank of Australia, Sydney, occasional."]
[{"$nulls":3},"\"Reserve Bank of Australia, Functions and Operations\", Reserve Bank of Australia, Sydney, occasional."]
["Updated 23 September 1997"]