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 2010–20

Year

Variations within year (%)

Adopt (%)

2010

*4.97 - 5.80

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

0.95 - 2.27

1.50

2020

Jan
1.15

Feb
0.98

Mar
0.89

Apr
0.86

May
0.91

June
0.92

 

June
0.88

Aug
0.89

Sep

Oct

Nov

Dec

Note: Adopted % for 2009 - 5.00; Adopted % for 2008 - 5.75.


*Year 2010 variations within Year % incorrectly recorded as 4.98% - 5.79%. The variations are now corrected. The variations for 2010 are 4.97% - 5.80%. NOTE: No change to the adopted rate for 2010.

Interest rate averages

YearsAverage rate (%)

2010 - 20

3.25

2011 - 20

3.00

2012 - 20

2.75

2013 - 20

2.50

2014 - 20

2.50

2015 - 20

2.25

2016 - 20

2.00

2017 - 20

2.00

2018 - 20

1.75

2019 - 201.25
2020 (to 30 June 2020) 1.00

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