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Harmonisation of interest rates
(as at 1 July 2010)
The following table sets out the cash rates mentioned in Order 35 rule 8 of the Federal Court Rules and Practice Note CM 16.
Effective Dates |
RBA cash rate target as at 1 January or 1 July
(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 |
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