Pre and Post Judgment Interest Calculators Updated
We have updated our pre and post judgment interest calculators to take account of the Reserve Bank of Australia Cash Rate as at 31 December 2012 of 3%.
Pre-judgment interest is calculated at the RBA Cash Rate plus 4%. The pre-judgment interest rate changes every six months based on the RBA Cash Rate at 30 June and 31 December each year.
Post-judgment interest is calculated at the RBA Cash Rate plus 6%.
Our pre and post judgement interest calculators can be found in the Lawyers Section of our website.
Disclaimer: The information provided in this article is general in nature and does not constitute personal financial, legal or tax advice. All content relates to the current financial year only. Future changes to tax laws, thresholds or administrative requirements may affect the accuracy or relevance of this information, so you should always confirm that the guidance remains current. While every effort has been made to ensure accuracy at the time of publication, Dolman Bateman accepts no responsibility or liability for any loss or damage arising from reliance on this information. You should seek professional advice tailored to your circumstances before making any financial or tax decision.
