NSW Supreme Court Post-Judgment Interest Calculator

When calculating interest on a judgment debt arising from an Order made in the Supreme Court of NSW, practitioners should note section 101(3) of the Civil Procedure Act provides the judgment debtor with 28 days from the date the Order takes effect in which to pay the debt without interest accruing. Interest may be applied to the whole or the part of the debt which remains outstanding after the 28 days have elapsed. In this regard, practitioners will note section 136 of the CPA which states that, unless otherwise ordered by the Court, part payments are to be apportioned to the interest component of a judgment debt first, then then the principal sum. Interest is also payable on an Order for costs from the date on which the Order is made effective - see section 101(4) of the Act.

The Netlaw Supreme Court (NSW) Post Judgment Calculator calculates interest in accordance with the "prescribed rate of interest" set out in section 101(7) of the CPA, being the rate of interest stipulated in Reg 36.7 of the Uniform Civil Procedure Rules 2005.

Netlaw makes no guarantee, warranty, statement or promise as to the accuracy of its calculators or of the information provided on its website. Information provided on this website does not constitute legal advice or a statement of law and should not be relied upon in lieu of legal advice or services from a regulated legal practice or Court.