The rate used in calculating your interest is set by law and is reviewed every quarter.
Interest rates for 2006-07 are shown in the table below.
Details of other quarterly interest rates are available from the Tax Office.
Period |
Interest rate |
---|---|
1 July 2006 to 30 September 2006 |
5.87% pa |
1 October 2006 to 31 December 2006 |
6.19% pa |
1 January 2007 to 31 March 2007 |
6.37% pa |
1 April 2007 to 30 June 2007 |
6.37% pa |