Announcement - Interest Rate Changes from 1 July 2014


28 July 2014

Changes to interest rates commenced on 1 July 2014

Pre judgment interest rate

The rate for the period 1 July 2013 to 31 December 2013 is 6.50%.

The amount of pre judgment interest is set by Practice Note.

Post judgment interest rate

The rate for the period 1 July 2013 to 31 December 2013 is 8.50%.

Rule 36.7(1) of Uniform Civil Procedure Rules relates to the post judgment interest rate.

Industrial Registrar.