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Updates on Interest Rates

In the latest issue of SunEssentials, we mentioned our decision to lower interest rates on our variable home lending products by -0.19%, effective Friday 19 July 2019. This email provides details of this rate decrease, together with an update on our Capacity to Repay (CTR) calculations for Suncorp’s interest rate buffer and retail floor rate for new and existing home loans, effective Thursday 18 July 2019.

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