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.