History of
Maximum Permissible
Interest Rate (MPIR)

Residential Care Guide

MPIR from 1st January 2025 is 8.42 %

Complete History of MPIR from 2006 to 1st January 2025

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

However, recent uplifts in Interest Rates by the Reserve Bank in Australia has been increasing the MPIR.


Maximum Permissible Interest Rate (MPIR)

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MPIR | 2018 to Current


Period MPIR
1/01/2025 to 01/03/20258.42%
1/10/2024 to 31/12/20248.38%
1/07/2024 to 30/09/20248.36%
1/04/2024 to 30/06/20248.34%
1/01/2024 to 01/03/20248.38%
1/10/2023 to 31/12/20238.15%
1/07/2023 to 30/09/20237.90%
1/04/2023 to 30/06/20237.46%
1/01/2023 to 31/03/20237.06%
1/10/2022 to 31/12/20226.31%
1/07/2022 to 30/09/20225.00%
1/04/2022 to 30/06/20224.07%
1/01/2022 to 31/03/20224.04%
1/10/2021 to 31/12/20214.01%
1/07/2021 to 30/09/20214.04%
1/04/2021 to 30/06/20214.01%
1/01/2021 to 31/03/20214.02%
1/07/2020 to 31/12/20204.10%
1/04/2020 to 30/6/20204.89%
1/01/2020 to 31/3/20204.91%
1/10/2019 to 31/12/20194.98%
1/08/2019 to 30/9/20195.54%
1/07/2019 to 31/7/20195.54%
1/04/2019 to 30/6/20195.96%
1/01/2019 to 31/03/20195.94%
1/10/2018 to 31/12/20185.96%
1/07/2018 to 30/09/20185.96%
1/04/2018 to 30/06/20185.77%
1/01/2018 to 31/03/20185.72%

MPIR | 2012 to 2017


Period MPIR
1/10/2017 to 31/12/20175.70%
1/07/2017 to 30/09/20175.73%
1/04/2017 to 30/06/20175.78%
1/01/2017 to 31/03/20175.76%
1/10/2016 to 31/12/20165.76%
1/07/2016 to 30/09/20166.01%
1/04/2016 to 30/06/20166.28%
1/01/2016 to 31/03/20166.22%
1/10/2015 to 31/12/20156.14%
1/07/2015 to 30/09/20156.15%
1/04/2015 to 30/06/20156.36%
1/01/2015 to 31/03/20156.75%
1/10/2014 to 31/12/20146.63%
1/07/2014 to 30/09/20146.69%
1/04/2014 to 30/06/20146.63%
1/01/2014 to 31/03/20146.59%
1/12/2013 to 31/12/20136.60%
1/10/2013 to 30/11/20136.60%
1/07/2013 to 30/09/20136.82%
1/04/2013 to 30/06/20136.95%
1/01/2013 to 31/03/20137.24%
1/10/2012 to 31/12/20127.62%
1/07/2012 to 30/09/20127.66%
1/04/2012 to 30/06/20128.37%
1/01/2012 to 31/03/20128.62%

MPIR | 2006 to 2011


Period MPIR
1/10/2011 to 31/12/20118.86%
1/07/2011 to 30/09/20119.00%
1/04/2011 to 30/06/20118.92%
1/01/2011 to 31/03/20119.02%
1/10/2010 to 31/12/20108.74%
1/07/2010 to 30/09/20108.80%
1/04/2010 to 30/06/20108.16%
1/01/2010 to 31/03/20107.95%
1/10/2009 to 31/12/20097.30%
1/07/2009 to 30/09/20097.13%
1/04/2009 to 30/06/20097.16%
1/01/2009 to 31/03/20098.76%
17/11/2008 to 31/12/200811.31%
1/10/2008 to 16/11/200811.31%
1/07/2008 to 30/09/200811.75%
1/04/2008 to 30/06/200811.69%
1/01/2008 to 31/03/200811.15%
1/10/2007 to 31/12/200710.75%
1/07/2007 to 30/09/200710.37%
1/04/2007 to 30/06/200710.37%
1/01/2007 to 31/03/200710.37%
1/10/2006 to 31/12/200610.19%
1/07/2006 to 30/09/20069.87%