The recent interest rate rises will result in significant increases in the LRBA safe harbour interest rates, and the Division 7A interest rate, for the 2023/24 year. The interest rates will be:
LRBA real estate safe harbour interest rate – 8.85% (was 5.35%)
LRBA listed share safe harbour interest rate – 10.85% (was 7.35%)
Division 7A interest rate – 8.27% (was 4.77%)
To discuss this further or for more information please contact:
Phil Broderick
Principal
Sladen Legal
T +61 3 9611 0163 l M +61 419 512 801
E pbroderick@sladen.com.au