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 2010–21

Year	Variations within year (%)						Adopt (%)
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	0.95 - 2.27						1.50
2020	0.82 - 1.15						1:00
2021	Jan 1.05	Feb 1.32	Mar 1.69	Apr 1.65	May 1.62	June 1.52	1.50
	July 1.25	Aug 1.12	Sept 1.28	Oct 1.72	Nov -	Dec -

Note: Adopted % Rate for 2010 = 5.50; Adopted % for 2009 = 5.00; Adopted % for 2008 = 5.75.
*Contact Land Court Registry for Historical data*.

Interest rate averages

Years	Average rate (%)
2011 - 21	2.75
2012 - 21	2.50
2013 - 21	2.50
2014 - 21	2.25
2015 - 21	2.00
2016 - 21	2.00
2017 - 21	1.75 2.00
.2018 - 21	1.75
2019 - 21	1.25
2020 - 21	1.25
2021 (as at 30 September 2021)	1.50

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

Note: Interest Average for 2017 was incorrectly recorded as 1.75. The correct interest rate average for 2017 is 2.00.