Pre-judgment & Post-judgment Interest Rates

Updated June 2024

The following table sets out the cash rates for the calculation of pre-judgment interest¹ and post-judgment interest.²

The Interest on Judgments Practice Note (GPN-INT) provides guidance in regard to interest on judgments arising under sections 51A and 52 of the Federal Court of Australia Act 1976 (Cth) and rule 39.06 of the Federal Court Rules 2011 (Cth). It also provides guidance in regard to interest up to judgment arising under s 547 of the Fair Work Act 2009 (Cth).

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 on the Bank's website.

2021 to 2024

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 Jul 2024 to 31 Dec 2024	4.35	8.35	10.35
1 Jan 2024 to 30 Jun 2024	4.35	8.35	10.35
1 Jul 2023 to 31 Dec 2023	4.10	8.10	10.10
1 Jan 2023 to 30 Jun 2023	3.10	7.10	9.10
1 Jul 2022 to 31 Dec 2022	0.85	4.85	6.85
1 Jan 2022 to 30 Jun 2022	0.10	4.10	6.10
1 Jul 2021 to 31 Dec 2021	0.10	4.10	6.10
1 Jan 2021 to 30 Jun 2021	0.10	4.10	6.10

2011 to 2020

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 2011 to 30 Jun 2011	4.75	8.75	10.75
1 Jul 2011 to 31 Dec 2011	4.75	8.75	10.75
1 Jan 2012 to 30 Jun 2012	4.25	8.25	10.25
1 Jul 2012 to 31 Dec 2012	3.5	7.5	9.5
1 Jan 2013 to 30 Jun 2013	3.0	7.0	9.0
1 Jul 2013 to 31 Dec 2013	2.75	6.75	8.75
1 Jan 2014 to 30 Jun 2014	2.50	6.5	8.5
1 Jul 2014 to 31 Dec 2014	2.50	6.5	8.5
1 Jan 2015 to 30 Jun 2015	2.5	6.5	8.5
1 Jul 2015 to 31 Dec 2015	2.0	6.0	8.0
1 Jan 2016 to 30 Jun 2016	2.0	6.0	8.0
1 Jul 2016 to 31 Dec 2016	1.75%	5.75%	7.75%
1 Jan 2017 to 30 Jun 2017	1.5%	5.5%	7.5%
1 Jul 2017 to 31 Dec 2017	1.5%	5.5%	7.5%
1 Jan 2018 to 30 Jun 2018	1.5%	5.5%	7.5%
1 Jul 2018 to 31 Dec 2018	1.5%	5.5%	7.5%
1 Jan 2019 to 30 Jun 2019	1.5%	5.5%	7.5%
1 Jul 2019 to 31 Dec 2019	1.25%	5.25%	7.25%
1 Jan 2020 to 30 Jun 2020	0.75%	4.75%	6.75%
1 Jul 2020 to 31 Dec 2020	0.25%	4.25%	6.25%

2000 to 2010

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 Jun 2000	5.0	9.0	11.0
1 Jul 2000 to 31 Dec 2000	6.0	10.0	12.0
1 Jan 2001 to 30 Jun 2001	6.25	10.25	12.25
1 Jul 2001 to 31 Dec 2001	5.0	9.0	11.0
1 Jan 2002 to 30 Jun 2002	4.25	8.25	10.25
1 Jul 2002 to 31 Dec 2002	4.75	8.75	10.75
1 Jan 2003 to 30 Jun 2003	4.75	8.75	10.75
1 Jul 2003 to 31 Dec 2003	4.75	8.75	10.75
1 Jan 2004 to 30 Jun 2004	5.25	9.25	11.25
1 Jul 2004 to 31 Dec 2004	5.25	9.25	11.25
1 Jan 2005 to 30 Jun 2005	5.25	9.25	11.25
1 Jul 2005 to 31 Dec 2005	5.5	9.5	11.5
1 Jan 2006 to 30 Jun 2006	5.5	9.5	11.5
1 Jul 2006 to 31 Dec 2006	5.75	9.75	11.75
1 Jan 2007 to 30 Jun 2007	6.25	10.25	12.25
1 Jul 2007 to 31 Dec 2007	6.25	10.25	12.25
1 Jan 2008 to 30 Jun 2008	6.75	10.75	12.75
1 Jul 2008 to 31 Dec 2008	7.25	11.25	13.25
1 Jan 2009 to 30 Jun 2009	4.25	8.25	10.25
1 Jul 2009 to 31 Dec 2009	3.0	7.0	9.0
1 Jan 2010 to 30 Jun 2010	3.75	7.75	9.75
1 Jul 2010 to 31 Dec 2010	4.5	8.5	10.5

1. See section 51A of the Federal Court of Australia Act 1976 (Cth). See also s 547 of the Fair Work Act 2009 (Cth).
2. See section 52 of the Federal Court of Australia Act 1976 (Cth).

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