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Interest Rate News: A Welcome Relief!

Your next building project could be closer than you think..

Posted On

  • February 18, 2025
Stacked coins with a red percentage symbol and a blue house, representing lower interest rates.

February the 18th, 2025, has bought a change that is very much a welcome sight for so many around Australia, and especially those with that perfect building project in mind.

The Reserve Bank of Australia announced they’re reducing the interest rate by 0.25% points, which means a lot for anyone considering embarking on a new project. With reduced interest rates, it makes business expansion and growth more achievable and boosts the confidence of anyone in the construction market or thinking about entering the construction market. 

Lower interest rates mean more affordable loan repayments, which could make it significantly easier to secure the financing you need for your new build. Whether you’re a new business starting out, or an existing business in need of new facilities, these cuts have just bought your ideas one step closer to reality.

Now might be the perfect time to explore your building options. Take advantage of this great decision, and start leading a better business sooner! Tasbuilt Commercial can’t wait to embark on the journey with you and your business. Contact us today to get started. 

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