Business Daily Media

Men's Weekly

.

Suncorp Bank responds to RBA interest rise


Suncorp Bank today announced new interest rates for home loan customers, following the Reserve Bank of  Australia’s cash rate decision on Tuesday, 4 October 2022. 

From 14 October, Suncorp Bank will increase home loan variable rates by 0.25% per annum (p.a.).  

This increase means, that for every $100,000 of loan balance remaining on a customer’s 25-year variable loan,  they can expect their monthly repayments to increase by around $14. 

Suncorp Bank’s savings and term deposit rates are continually under review. 

Where customers can find more information: 

  • Customers can calculate how much their home loan repayments will increase via the Home Loan Repayment Calculator | Suncorp Bank
  • More information is available on our website www.suncorp.com.au or by visiting a Suncorp Bank  branch. 
  • Customers can utilise the savings in their Everyday Options Account and sub-accounts, by activating  ‘offset mode’ to reduce their mortgage interest costs. 
Sign up to our Everyday Account which has no monthly fees or currency conversion charges, and the  option to have up to nine sub-accounts to help customers reach their spending and savings goals.

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

Tackling the skills shortage — why L&D is failing and what to do about it

The Australian economy is in a tough spot right now, and a huge part of the problem is a massive skills shortage. Late last year, businesses were st...

How reducing revenue leakage could help your business stay in the black in FY2026

It’s time to stop legacy revenue management platforms and processes draining your profitability. Is boosting the bottom line an overarching goal ...

Technical Debt Stifling Path to AI Adoption for Global Enterprises

Outdated legacy technologies costing organisations the ability to innovate, money, time and potentially, even customers Technical debt and an ov...

Sell by LayBy