Interest rate increase – Thursday 19 February 2026: interest rates for variable home loans and deposit rates across the majority of savings products have increased by 0.25%, effective 19 February 2026.

Deposits on building contracts

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FAQs

Do you have to put a deposit on a building contract?

Builders will often require a deposit before plans are drawn up and/or building work commences. Please speak to your builder as these requirements vary from builder to builder.

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