ATO Benchmark Interest Rate for Division 7A loans for Year Ending 30 June 2019

The ATO has advised that it intends to issue the following guidance on 25 July 2018:

Taxation Determination TD 2018/14 Income tax: what is the benchmark interest rate applicable for the year of income that commenced on 1 July 2018 for the purposes of Division 7A of Part III of the Income Tax Assessment Act 1936 and how is it used?

The determination advises that the benchmark interest rate for 2018/19 for the purposes of s 109N and 109E of the ITAA 1936 is 5.20% pa.