Credited Interest Rates
Latest Credited Interest Rates
From 1 July 2008 the Credited Interest Rates are declared monthly. For the current financial year they are:
Investment Option |
|||||
|---|---|---|---|---|---|
Cash |
Conservative |
Balanced |
Growth |
Aggressive |
|
| July 2009 | 0.21% |
1.73% |
2.78% |
3.53% |
4.07% |
| August 2009 | 0.21% |
1.44% |
2.00% |
2.39% |
2.66% |
| September 2009 | 0.19% |
1.11% |
1.60% |
1.95% |
2.20% |
| October 2009* | 0.23% |
-0.07% |
-0.45% |
-0.81% |
-1.22% |
| November 2009 | 0.26% |
1.13% |
1.41% |
1.48% |
1.51% |
| December 2009 | 0.27% |
0.58% |
1.28% |
1.93% |
2.78% |
| January 2010 | 0.31% |
-0.18% |
-1.01% |
-1.76% |
-2.71% |
| February 2010 | 0.25% |
0.39% |
0.58% |
0.77% |
0.98% |
| March 2010 | 0.29% |
1.29% |
2.24% |
2.93% |
3.92% |
| April 2010 | 0.29% |
0.35% |
0.13% |
-0.11% |
-0.46% |
| May 2010 | 0.34% |
-0.49% |
-1.51% |
-2.34% |
-3.39% |
| June 2010 | 0.34% |
-0.03% |
-0.70% |
-1.31% |
-2.15% |
*This includes the distribution of the Investment Fluctuation Reserve as described in the Super News section.
A history of Credited Interest Rates is shown below.
For members of Division 9 – Flexible Income Stream and Division 14 – Transition to Retirement, different CIRs are determined to recognise the different tax treatment in investment earnings.
About Credited Interest Rates
The Credited Interest Rate (CIR) is the rate of investment return credited to members' accounts, and are declared monthly. They are based on the actual investment returns of the assets of the Plan. It is important to note that the CIR can be positive or negative in any month.
Credited Interest Rate History
Member Investment Choice was introduced from 1 April 2005. Credited Interest Rates were declared quarterly from 1 April 2005 to 30 June 2008 . From 1 July 2008 the Credited Interest Rates are declared monthly. The Credited Interest Rates have been:
Investment Option |
|||||
|---|---|---|---|---|---|
Cash |
Conservative |
Balanced |
Growth |
Aggressive |
|
| June 2005 |
1.14% |
2.86% |
3.23% |
3.51% |
3.77% |
| September 2005 | 1.06% |
2.50% |
4.40% |
5.86% |
6.94% |
| December 2005 | 1.15% |
2.27% |
3.04% |
3.68% |
4.15% |
| March 2006 | 1.05% |
1.83% |
3.67% |
5.24% |
6.42% |
| June 2006 | 1.17% |
-0.34% |
-0.55% |
-0.66% |
-0.74% |
| 2005/06 year | 4.5% |
6.4% |
10.9% |
14.7% |
17.7% |
| September 2006 | 1.15% |
2.77% |
3.11% |
3.43% |
3.67% |
| December 2006 | 1.19% |
1.78% |
3.65% |
5.23% |
6.46% |
| March 2007 | 1.31% |
1.99% |
2.77% |
3.44% |
3.96% |
| June 2007 | 1.38% |
0.61% |
1.99% |
2.98% |
3.74% |
| 2006/07 year | 5.1% |
7.3% |
12.0% |
15.9% |
19.0% |
| September 2007 | 1.35% |
1.66% |
1.63% |
1.36% |
1.15% |
| December 2007 | 1.39% |
0.79% |
0.95% |
0.87% |
0.88% |
| March 2008 | 1.43% |
-0.81% |
-3.64% |
-6.00% |
-7.71% |
| June 2008 | 1.51% |
-0.46% |
-1.46% |
-2.16% |
-2.72% |
| 2007/08 year | 5.8% |
1.2% |
-2.6% |
-6.0% |
-8.4% |
| July 2008 | 0.59% |
0.57% |
-0.10% |
-0.64% |
-1.05% |
| August 2008 | 0.43% |
1.73% |
1.97% |
2.10% |
2.16% |
| September 2008 | 0.48% |
-1.95% |
-3.39% |
-4.58% |
5.46% |
| October 2008 | 0.45% |
-3.15% |
-5.23% |
-7.06% |
-8.57% |
| November 2008 | 0.40% |
-0.87% |
-2.88% |
-4.56% |
-5.91% |
| December 2008 | 0.30% |
1.01% |
0.52% |
0.07% |
-0.29% |
| January 2009 | 0.31% |
0.42% |
-0.49% |
-1.31% |
-1.94% |
| February 2009 | 0.30% |
-1.93% |
-3.05% |
-3.91% |
-4.50% |
| March 2009 | 0.17% |
1.38% |
2.12% |
2.72% |
3.14% |
| April 2009 | 0.22% |
1.15% |
2.36% |
3.39% |
4.13% |
| May 2009 | 0.21% |
0.50% |
1.05% |
1.55% |
1.92% |
| June 2009 | 0.21% |
0.67% |
0.85% |
0.95% |
1.04% |
| 2008/09 year | 4.15% | -0.60% |
-6.42% |
-11.29% |
-15.09% |
