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In some cultures long-term customer loyalty is rewarded. However, it would appear that in some instances in Australia long term loyalty is seen as 'client inertia' that can be exploited to gouge them. Banks giving superior interest rates to new clients is one example. Also sometimes happens...

Please see above - I mentioned that since the feedback from those that know around here is that it is near impossible, I'm not going to try.

That's one way of looking at it. Another is that the bank is still making a substantial margin - most banks have a net interest margin of around 2 percentage points I believe - and then charging me an annual fee for this privilege.

Right, 0.04%. My bad :(

About $1m. $400 would be equivalent to 0.4%.

The 4.75% rate is pretty good without being brilliant for a loan that size from a Big 4. Just trying to fulfil my obligations as an investor to get the best deal possible. A $400 fee x 10 years = material amount of money. Anyway, if it's not possible then best not to try.

I've been offered a variable rate of 4.75% by CBA, NAB have agreed to match offer. Loan of just under $1m for investment, a low LVR due to my main residence having substantial equity. However - they both charge an annual wealth/package fee (of about $400 or so). They are open to waiving it for...

Hi, I own a 1950's double brick unit (not multi level apartment, single level - so access isn't an issue). The windows are steel encassed. I recently had the interior painted - the painter did a good job However, the painter told me from the outset that the paint job would not include...

The Rinnai Energysavers often go for very cheap on ebay. They're mostly used, but sometimes "near new". Usually at a fraction of their new price.

Thanks you everyone for your help. From the views here it appears the quotes are not out of range - however, as suggested by some of you, I will get a couple of more quotes just to make sure.

I recently used Coghlan to fix my leak. Were very happy with them. However, they are always very busy. http://www.coghlanroofing.com.au/

The bathroom is 2.7 x 1.8 meters (approximately). I'm looking at stuff of a reasonable standard. I want a nice, quality bathroom. Not upper class luxury. The tiles I'm looking at cost about $45 per square meter. The unit itself is an older 2 bedroom unit in a very good location, but I don't...

I own a 2 bedroom unit in Malvern in Melbourne (a unit, not an apartment, so no problems with access). It has an old bathroom that I want to renovate. I’ve gotten 2 quotes from people who will project manage & renovate it. Both of them are around 20K, or 18K for cash price. This includes...

The front valley iron of my roof needs replacing - its causing a leak. I am in Melbourne's south-east (Caulfield - Malvern area) and am finding it hard to find someone to repair it before Christmas. Would be very grateful for any recommendations.

That's one way of looking at it. I looked at it in a wider manner rather than one about Melton. I saw it as a revisiting of the old inner v outer debate. Nothing wrong with that, it is an important issue that needs to be debated.

This issue was well discussed here (see especially spiderman's excellent post): http://www.somersoft.com/forums/showthread.php?t=54291

This issue was well discussed here (see especially spiderman's excellent post): http://www.somersoft.com/forums/showthread.php?t=54291

How about this one? http://www.realestate.com.au/property-apartment-vic-malvern+east-106345217 $676,500 for a very mediocre 2 bedroom unit. Sold before auction.

How's this for an amazing result not that far away. An inferior location (to Armadale, though still a very good area), 3 bedroom apartment in the very good part of Malvern East (near Finch St). http://www.realestate.com.au/106159637 Sold for 736K

I agree. Absolutely excellent analysis by Spiderman.