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Plus it's a treasury operation. These guys hold on to your money for a few days after the employer pays it, as I've just discovered. If they hold it for 5 days each month, then 11.5 million employed * $1,500/week average earnings 52 weeks * 9.25% super * 2.7% RBA interbank rate * 60 days per...

Since it's interest-only, it will make no difference to the interest owed either way, since interest is calculated on the balance, and the balance doesn't change with interest-only. Obviously, the more you have in the offset account the less you'll owe. If the bank takes it out fortnightly...

I can second this. Tenants with pets have limited choice of rental properties so may be more likely to take care of your property. It's one sign of stability. If there are other signs, such as good references, it may be worthwhile

Credit Union Australia (cua.com.au)

You'll need to provide the SMSF details (ACN notification from ATO), trustee details - also ACN (if corporate trustee) and the trust deed. Best done via a visit to the branch. If you know who where you'll be lending the money from, it may help to go with them. If you're not worried, then...

Whatever. You're just wrong.

I'm only signing up for < $500K, but can get more at the same rate up to 80% LVR.

No business banking connections. Low Risk = Low Rate. I'm low risk, the investment is low risk for me and for the bank. I new there was some reason I've stuck with NAB when they've been so painful to deal with, customer service wise.

I'll need more than $680K total for land and build, but will not necessarily have to borrow more. If I need it, I can get it at 4.68%, but they are not requiring me to borrow more to get the rate on the initial loan.

Yes, plus some pressure to get the lowest rate possible. Pressure applied by a hint that I might go elsewhere. As a new member of these forums I note a frequent point of discussion is the benefit (or otherwise) of brokers. I think this is missing the point. The ability to get the best deal...

$482K Loan, LVR 56% initially. They will up the loan to 80% as I need it to build the IP. They will also provide the same rate if I wish to extend the loan with additional security on the IP (but I probably won't have to).

NAB gave me one when I lived in central Melbourne. She was generally good and left me alone until I needed something. Then I moved to a country town not too far outside the city. The "Personal Banker" became the local branch manager. He was OK, though a little inefficient (and totally powerless)...

NAB just set me up with 4.68% - Similar situation - using equity in PPOR for investment property