Announcement - Interest Rate Changes from 1 January 2011
13 January 2011
Changes to interest rates commenced on 1 January 2011.
Pre judgment interest rate
The rate for the period 1 January 2011 to 30 June 2011 is 8.75%.
The amount of pre judgment interest is set by Practice Note 25.
Post judgment interest rate
The rate for the period 1 July 2010 to 31 December 2010 is 10.75%.
Rule 36.7(1)of Uniform Civil Procedure Rulesrelates to the post judgment interest rate
Industrial Registrar.