NSW Post-judgment Interest

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Carla2508

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24 June 2020
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I have a post-judgment debt that has remained unpaid for 5 years. Can I get compound interest? I am confused with how the old law on simple interest works with today’s commercial reality....
 

Rob Legat - SBPL

Lawyer
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16 February 2017
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Simply put: No. This isn't about 'commercial reality'. It's set in accordance with the manner provided by law - namely section 101 of the Civil Procedure Act 2005 (NSW) in your case.

Read here (Working out post-judgment interest) and here (Interest rates).) for example.
 
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