The following table sets out the cash rates mentioned in Practice Note CM 16 for the calculation of pre-judgment interest 1 and Rule 39.06 of the Federal Court Rules 2011 for the calculation of post-judgment interest.2
Note: Before relying on the information in this table for any purpose, including in calculating pre-judgment and post-judgment interest, users should independently verify its accuracy, currency and completeness. Authoritative details of the cash rate published by the Reserve Bank of Australia from time to time are available at their website.
Effective Dates
RBA cash rate target as at 1 Jan or 1 Jul
(Per cent)
Pre-judgment interest – Cash rate plus 4%
(Per cent)
Post-judgment interest – Cash rate plus 6%
(Per cent)
1 Jan 2000 to 30 June 2000
5.0
9.0
11.0
1 July 2000 to 31 December 2000
6.0
10.0
12.0
1 Jan 2001 to 30 June 2001
6.25
10.25
12.25
1 July 2001 to 31 December 2001
5.0
9.0
11.0
1 Jan 2002 to 30 June 2002
4.25
8.25
10.25
1 July 2002 to 31 December 2002
4.75
8.75
10.75
1 Jan 2003 to 30 June 2003
4.75
8.75
10.75
1 July 2003 to 31 December 2003
4.75
8.75
10.75
1 Jan 2004 to 30 June 2004
5.25
9.25
11.25
1 July 2004 to 31 December 2004
5.25
9.25
11.25
1 Jan 2005 to 30 June 2005
5.25
9.25
11.25
1 July 2005 to 31 December 2005
5.5
9.5
11.5
1 Jan 2006 to 30 June 2006
5.5
9.5
11.5
1 July 2006 to 31 December 2006
5.75
9.75
11.75
1 Jan 2007 to 30 June 2007
6.25
10.25
12.25
1 July 2007 to 31 December 2007
6.25
10.25
12.25
1 Jan 2008 to 30 June 2008
6.75
10.75
12.75
1 July 2008 to 31 December 2008
7.25
11.25
13.25
1 Jan 2009 to 30 June 2009
4.25
8.25
10.25
1 July 2009 to 31 December 2009
3.0
7.0
9.0
1 Jan 2010 to 30 June 2010
3.75
7.75
9.75
1 July 2010 to 31 December 2010
4.5
8.5
10.5
1 Jan 2011 to 30 June 2011
4.75
8.75
10.75
1 July 2011 to 31 December 2011
4.75
8.75
10.75
1 January 2012 to 30 June 2012
4.25
8.25
10.25
1. See section 51A of the Federal Court of Australia Act 1976 2. See section 52 of the Federal Court of Australia Act 1976
