Family Law – Rates of Interest
The Current Interest Calculation
8.50% for the period January 2014 to 30 June 2014
Family Law Rates of Interest
The previous rates of interest and the periods for which they were operative are as follows:
| 8.75% | 01 July 2013 to 31 December 2013 |
| 9.00% | 01 January 2013 to 30 June 2013 |
| 9.50% | 01 July 2012 to 31 December 2012 |
| 10.25% | 01 January 2012 to 30 June 2012 |
| 10.75% | 01 July 2011 to 31 December 2011 |
| 10.75% | 01 January 2011 to 1 July 2011 |
| 9.5% | 01 July 2010 to 31 December 2010 |
| 8.0% | 01 July 2009 to 30 June 2010 |
| 12.25% | 01 July 2008 to 30 June 2009 |
| 11.75% | 20 December 2007 to 30 June 2008 |
| 10.75% | 01 July 2006 to 19 December 2007 |
| 10.25% | 17 December 2004 to 30 June 2006 |
| 9.55% | 29 March 2004 to 16 December 2004 |
FAMILY LAW RULES 2004 – RULE 17.03 Rate of interest
For paragraphs 87 (11) (b) and 90KA (b) and subsection 117B (1) of the Act, the rate of interest prescribed, for each 6 months commencing on 1 January and 1 July each year, is the sum of:
(a) the Reserve Bank of Australia target cash rate last published before 1 January and 1 July of the year; and
(b) 6.00%.
Reserve Bank Cash Rate target see : http://www.rba.gov.au/statistics/cash-rate/
* Information contained on this page is only current as at 30 April 2014 and it is subject to change. Do not rely on information on this page and always seek independent advice.