What is the value of a penalty unit?
From 1 July 2004 the value of a penalty unit for a financial year is fixed by the Treasurer under section 5(3) of the Monetary Units Act 2004.
The Treasurer has fixed the values for penalty units as set out in the following table.
| Financial Year | Penalty Unit | Gov Gaz* Reference |
|---|---|---|
| 2004 - 2005 (1/7/04 - 30/6/05) | $102.25 | |
| 2005 - 2006 (1/7/05 - 30/6/06) | $104.81 | |
| 2006 - 2007 (1/7/06 - 30/6/07) | $107.43 | |
| 2007 - 2008 (1/7/07 - 30/6/08) | $110.12 | |
| 2008 - 2009 (1/7/08 - 30/6/09) | $113.42 | S66, 14th March 2008 |
| 2009 - 2010 (1/7/09 - 30/6/10) | $116.82 | S132, 15th May 2009 |
| 2010 - 2011 (1/7/10 - 30/6/11) | $119.45 | G 10, 11th March 2010, page 449 |
| 2011 - 2012 (1/7/11 - 30/6/12) | $122.14 | SG158 26th May 2011 |
| 2012 - 2013 (1/7/12 - 30/6/13) (Gazetted as $125.19 in General Gazette 13, 29/03/12 and subsequently increased to $140.84 by section 11 of the Monetary Units Act 2004) | $140.84 | G13 29th March 2012 and superseded by section 11 of the Monetary Units Act 2004 |
| 2013 - 2014 (1/7/13 - 30/6/14) | $144.36 | G 16, 18 April 2013 |
| Financial Year | Fee Unit | Gov Gaz* Reference |
|---|---|---|
| 2004 - 2005 (1/7/04 - 30/6/05) | $10.23 | |
| 2005 - 2006 (1/7/05 - 30/6/06) | $10.49 | |
| 2006 - 2007 (1/7/06 - 30/6/07) | $10.75 | |
| 2007 - 2008 (1/7/07 - 30/6/08) | $11.02 | |
| 2008 - 2009 (1/7/08 - 30/6/09) | $11.35 | S66, 14th March 2008 |
| 2009 - 2010 (1/7/09 - 30/6/10) | $11.69 | S132, 15th May 2009 |
| 2010 - 2011 (1/7/10 - 30/6/11) | $11.95 | G 10, 11th March 2010, page 449 |
| 2011 - 2012 (1/7/11 - 30/6/12) | $12.22 | SG158 26th May 2011 |
| 2012 - 2013 (1/7/12 - 30/6/13) | $12.53 | G13 29th March 2012 (see also section 11 of the Monetary Units Act 2004) |
| 2013 - 2014 (1/7/13 - 30/6/14) | $12.84 | G16 18 April 2013 |
*Government Gazette
