History of
Maximum Permissible
Interest Rate (MPIR)

Historical MPIR Rates

The Maximum Permissible Interest Rate (MPIR) was trending lower for years.

However, the recent uplift in Interest Rates by the Reserve Bank in Australia has increased the MPIR.

---

MPIR | 2017 to Current

Period	MPIR
1/04/2024 to 30/06/2024	8.34%
1/01/2024 to 31/03/2024	8.38%
1/10/2023 to 31/12/2023	8.15%
1/07/2023 to 30/09/2023	7.90%
1/04/2023 to 30/06/2023	7.46%
1/01/2023 to 31/03/2023	7.06%
1/10/2022 to 31/12/2022	6.31%
1/07/2022 to 30/09/2022	5.00%
1/04/2022 to 30/06/2022	4.07%
1/01/2022 to 31/03/2022	4.04%
1/10/2021 to 31/12/2021	4.01%
1/07/2021 to 30/09/2021	4.04%
1/04/2021 to 30/06/2021	4.01%
1/01/2021 to 31/03/2021	4.02%
1/07/2020 to 31/12/2020	4.10%
1/04/2020 to 30/6/2020	4.89%
1/01/2020 to 31/3/2020	4.91%
1/10/2019 to 31/12/2019	4.98%
1/08/2019 to 30/9/2019	5.54%
1/07/2019 to 31/7/2019	5.54%
1/04/2019 to 30/6/2019	5.96%
1/01/2019 to 31/03/2019	5.94%
1/10/2018 to 31/12/2018	5.96%
1/07/2018 to 30/09/2018	5.96%
1/04/2018 to 30/06/2018	5.77%
1/01/2018 to 31/03/2018	5.72%
1/10/2017 to 31/12/2017	5.70%
1/07/2017 to 30/09/2017	5.73%
1/04/2017 to 30/06/2017	5.78%
1/01/2017 to 31/03/2017	5.76%

MPIR | 2012 to 2016

Period	MPIR
1/10/2016 to 31/12/2016	5.76%
1/07/2016 to 30/09/2016	6.01%
1/04/2016 to 30/06/2016	6.28%
1/01/2016 to 31/03/2016	6.22%
1/10/2015 to 31/12/2015	6.14%
1/07/2015 to 30/09/2015	6.15%
1/04/2015 to 30/06/2015	6.36%
1/01/2015 to 31/03/2015	6.75%
1/10/2014 to 31/12/2014	6.63%
1/07/2014 to 30/09/2014	6.69%
1/04/2014 to 30/06/2014	6.63%
1/01/2014 to 31/03/2014	6.59%
1/12/2013 to 31/12/2013	6.60%
1/10/2013 to 30/11/2013	6.60%
1/07/2013 to 30/09/2013	6.82%
1/04/2013 to 30/06/2013	6.95%
1/01/2013 to 31/03/2013	7.24%
1/10/2012 to 31/12/2012	7.62%
1/07/2012 to 30/09/2012	7.66%
1/04/2012 to 30/06/2012	8.37%
1/01/2012 to 31/03/2012	8.62%

MPIR | 2006 to 2011

Period	MPIR
1/10/2011 to 31/12/2011	8.86%
1/07/2011 to 30/09/2011	9.00%
1/04/2011 to 30/06/2011	8.92%
1/01/2011 to 31/03/2011	9.02%
1/10/2010 to 31/12/2010	8.74%
1/07/2010 to 30/09/2010	8.80%
1/04/2010 to 30/06/2010	8.16%
1/01/2010 to 31/03/2010	7.95%
1/10/2009 to 31/12/2009	7.30%
1/07/2009 to 30/09/2009	7.13%
1/04/2009 to 30/06/2009	7.16%
1/01/2009 to 31/03/2009	8.76%
17/11/2008 to 31/12/2008	11.31%
1/10/2008 to 16/11/2008	11.31%
1/07/2008 to 30/09/2008	11.75%
1/04/2008 to 30/06/2008	11.69%
1/01/2008 to 31/03/2008	11.15%
1/10/2007 to 31/12/2007	10.75%
1/07/2007 to 30/09/2007	10.37%
1/04/2007 to 30/06/2007	10.37%
1/01/2007 to 31/03/2007	10.37%
1/10/2006 to 31/12/2006	10.19%
1/07/2006 to 30/09/2006	9.87%