Interest rates – compensation awards

Below are the interest rates payable on compensation awards for land resumptions 2007–17.

They were issued in January 2018, and incorporate interest rates and yields up to and including December 2017.

Source: Interest Rates - Capital Market Yields-Government Bonds-Monthly (10 years); Reserve Bank of Australia
(calculated to nearest 0.25%)

Interest rates 2007–17

YearVariations within year (%)Adopt (%)

2007

5.88–6.33

6.00

2008

3.99–6.53

5.75

2009

4.09–5.56

5.00

2010

4.98–5.79

5.50

2011

3.83–5.61

5.00

2012

2.89–4.15

3.50

2013

3.23–4.24%

3.75

2014

2.96–4.18

3.75

2015

2.41–2.98

2.75

2016

1.88-2.79

2.25

2017

2.41-2.78

2.75

2018

Jan
-

Feb
-

Mar
-

Apr
-

May
-

Jun
-

 

Jul
-

Aug
-

Sep
-

Oct
-

Nov
-

Dec
-

Interest rate averages

YearsAverage rate (%)

2007–17

4.25

2008–17

4.0

2009–17

3.75

2010–17

3.75

2011–17

3.5

2012–17

3.0

2013–17

3.0

2014–17

3.0

2015–17

2.5

2016-17

2.5

Note: These interest rates have been compiled for the purpose stated above, not for sale analysis.