Judgment Interest Calculators Updated for latest RBA Cash Rate
- Arnold Shields
- Jul 1, 2013
- 1 min read
Updated: May 29
We have just updated our pre-judgment and post-judgment interest calculators for the latest RBA Cash Rate of 2.75%
Pre-judgment interest is now calculated for most jurisdictions throughout Australia on the basis of 4% over the RBA cash rate as at 31 December and 30 June each year.
Post Judgment Interest is calculated on 6% over the RBA Cash Rate.
The pre-judgment interest calculator is part of the comprehensive collection of litigation calculators in the Lawyers Section of Dolman Bateman.
A video showing how the calculator works and provides you with an detailed and accurate report of pre-judgment interest in just 25 seconds is below:
To find out more about the Lawyers Section and join, click here.
Disclaimer:
The information provided in this article is general in nature and does not constitute personal financial, legal or tax advice. While every effort has been made to ensure the accuracy of this content at the time of publication, tax laws and regulations may change, and individual circumstances vary. Dolman Bateman accepts no responsibility or liability for any loss or damage incurred as a result of acting on or relying upon any of the information contained herein. You should seek professional advice tailored to your specific situation before making any financial or tax decision.
