Interest rates - period: 1 January – 30 June 2020

There has been a change to the Reserve Bank rate (cash rate) to be applied by registrars to default judgments and money orders from 1 January 2020.

For the period 1 January – 30 June 2020, the rate will change to 4.75% (cash rate of 0.75% + 4%).

For the period 1 January – 30 June 2020, the rate will change to 6.75% (cash rate of 0.75% + 6%).

The Queensland Courts website’s Interest calculator and Interest rates page have been updated.