Interest rates

Money Orders

For money orders, other than those for compensation under the Acquisition of Land Act 1967 (Qld), interest will be awarded in accordance with sections 58 and/or 59 of the Civil Proceedings Act 2011 (Qld). For more information about these rates, please click here.

Compensation Awards - Resumption of Land

For compensation awarded under the Acquisition of Land Act 1967 (Qld), interest will remain tied to the current 10-year government bond monthly yield rate, as published by the Reserve Bank of Australia.

Below are the interest rates payable on compensation awards under the Acquisition of Land Act 1967 (Qld) 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 2014 - 2024

Year

Variations within year (%)

Adopt (%)

2014

2.96 – 4.18

3.75

2015

2.41 – 2.98

2.75

2016

1.88 – 2.79

2.25

2017

2.41 – 2.81

2.75

2018

2.43 – 2.86

2.75

2019

0.95 – 2.27

1.50

2020

0.82 – 1.15

1.00

2021

1.05 – 1.81

1.50
2022

1.88 – 3.92

3.25
2023

3.34 – 4.63

4.00

2024

Jan

4.15

Feb

Mar

Apr

May

June

 

July

Aug

Sept

Oct

Nov

Dec

Adopted Rate for year to date is 4.00% (up to and including 31.12.2023)

Note: Adopted % Rate for 2013 = 3.75; Adopted % Rate for 2012 = 3.50; Adopted % Rate for 2011 = 5.00; Adopted % Rate for 2010 = 5.50; Adopted % Rate for 2009 = 5.00.

*Contact Land Court Registry for Historical data*