Pre and Post Judgment Interest Calculators Updated
- Arnold Shields
- Jan 10, 2013
- 1 min read
Updated: Jun 2
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. 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.
