Announcement - Interest Rate Changes from 1 July 2011


15 August 2011

Changes to interest rates commenced on 1 July 2011.

Pre judgment interest rate
The rate for the period 1 July 2011 to 31 December 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 2011 to 31 December 2011 is
10.75%.

Rule 36.7(1)of Uniform Civil Procedure Rulesrelates to the post judgment interest rate

The attached scheduleprovides the interest rates applicable prior to 1 July 2011.

Industrial Registrar.