Interest Rate Increase – Tuesday 24 March 2026: Following the RBA’s decision to change the official cash rate, interest rates for owner‑occupier and investor variable loans will increase by 0.25%, effective 1 April 2026. From 1 April 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.

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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