Interest rates – compensation awards

Below are the interest rates payable on compensation awards for land resumptions 2006–16.

They were issued in July 2017, and incorporate interest rates and yields up to and including June 2017.

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

Interest rates 2006–16

YearVariations within year (%)Adopt (%)

2006

5.29–5.89

5.50

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

Jan
2.73

Feb
2.75

Mar
2.81

Apr
2.56

May
2.54

Jun
2.41

 

Jul
-

Aug
-

Sep
-

Oct
-

Nov
-

Dec
-

Interest rate averages

YearsAverage rate (%)

2006–16

4.5

2007–16

4.25

2008–16

4.25

2009–16

4.0

2010–16

3.75

2011–16

3.5

2012–16

3.25

2013–16

3.0

2014–16

3.0

2015–16

2.5

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