Pre- and Post-Interest Rates

Interest Schedule effective from 1 January 2018

Pre Judgment Interest - Table 2

Period Rate of Interest % per Year
   
1 January 1974 to 31 December 1980   10.00
1 January 1981 to 31 December 1985    14.00 
1 January 1986 to 31 December 1987    18.00
1 January 1988 to 31 December 1989    16.00
1 January 1990 to 30 June 1990    21.00 
1 July 1990 to 31 December 1990    18.00 
1 January 1991 to 30 June 1991    16.00 
1 July 1991 to 30 June 1993    15.00 
1 July 1993 to 30 April 2001    10.00 
1 May 2001 to 9 January 2005    9.00 
10 January 2005 to 30 June 2010    9.00 
1 July 2010 to 31 December 2010    8.50 
1 January 2011 to 30 June 2011    8.75 
1 July 2011 to 31 December 2011   8.75
1 January 2012 to 30 June 2012   8.25
1 July 2012 to 31 December 2012   7.50
1 January 2013 to 30 June 2013   7.00
1 July 2013 to 31 December 2013   6.75
1 January 2014 to 30 June 2014   6.50
1 July 2014 to 31 December 2014   6.50
1 January 2015 to 30 June 2015   6.50
1 July 2015 to 30 June 2016   6.00
1 July 2016 to 31 December 2016   5.75
1 January 2017 to 30 June 2017   5.50
1 July 2017 to 31 December 2017   5.50
1 January 2018 to 30 June 2018   5.50
1 July 2018 to 31 December 2018   5.50


Post Judgment Interest

Period and Case (if any) Rate of Interest % per Year
   
Any period ending before 1 May 1986:
(a) if judgment was entered before
1 October 1977
  5.00
(b) if judgment was entered on or
after 1 October 1997
  10.00
1 May 1986 to 30 June 1990   15.00
1 July 1990 to 31 December 1991   20.00
1 January 1992 to 30 June 1993   15.00
1 July 1993 to 30 April 2001   12.00
1 May 2001 to 9 January 2005   11.00
10 January 2005 to 30 June 2010   11.00
1 July 2010 to 31 December 2010   10.50
1 January 2011 to 30 June 2011   10.75
1 July 2011 to 31 December 2011   10.75
1 January 2012 to 30 June 2012   10.25
1 July 2012 to 31 December 2012   9.50
1 January 2013 to 30 June 2013   9.00
1 July 2013 to 31 December 2013   8.75
1 January 2014 to 30 June 2014   8.50
1 July 2014 to 31 December 2014   8.50
1 January 2015 to 30 June 2015   8.50
1 July 2015 to 30 June 2016   8.00
1 July 2016 to 31 December 2016   7.75
1 January 2017 to 30 June 2017   7.50
1 July 2017 to 31 December 2017   7.50
1  January 2018 to 30 June 2018   7.50
1 July 2018 to 31 December 2018   7.50


Note: From 1 July 2010 these rates will be set at 6 monthly intervals and will be 4% above the last applicable Reserve Bank cash rate target for pre judgment interest and 6% above the last applicable Reserve Bank cash rate target for post judgment interest.