Interest rates for the period 1 January 2023 – 30 June 2023

There has been a change to the Reserve Bank Rate (cash rate) the interest rate to be applied by registrars to default judgments and money orders from 1 January, 2023. The new rate is 3.10%

Default Judgments

For the period 1 January – 30 June 2023 the rate has changed to 7.10% (Cash Rate of 3.10% + 4%)

Money Orders

For the period 1 January – 30 June 2023 the rate has changed to 9.10% (Cash Rate of 3.10% + 6%)

Queensland Courts interest rates page

The Queensland Courts Website interest rates page has been updated.