Interest rates – compensation awards
Below are the interest rates payable on compensation awards for the current ten year period.
Source: Interest Rates - Capital Market Yields-Government Bonds-Monthly (10 years); Reserve Bank of Australia
(calculated to nearest 0.25%)
Interest rates 2008–18
| Year | Variations within year (%) | Adopt (%) | |||||
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 | 2.43-2.86 | 2.75 | |||||
2019 | Jan | Feb | Mar | Apr | May | Jun | |
Jul | Aug | Sep | Oct | Nov | Dec | ||
Interest rate averages
| Years | Average rate (%) |
|---|---|
2008–18 | 4.0 |
2009–18 | 3.75 |
2010–18 | 3.75 |
2011–18 | 3.5 |
2012–18 | 3.0 |
2013–18 | 3.0 |
2014–18 | 3.0 |
2015–18 | 2.5 |
2016-18 | 2.5 |
2017-18 | 2.75 |
Note: These interest rates have been compiled for the purpose stated above, not for sale analysis.