Corporate bond rates for long service leave calculations available for purchase from the G100

The Group of 100 (G100) commissioned Milliman Australia to develop a standardised set of discount rates (corporate bond rates) for discounting employee benefit liabilities, including for long service leave, under AASB 119 Employee Benefits.

Until August 2022, Milliman made these corporate bond rates freely available on its website. After this date, entities will need to purchase them from the G100 website. The price to obtain corporate bond rates for one month is $220 or $2,640 for the whole year. Please refer to the G100 website for more information.