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With a 85% LVR on another property you can likely avoid the genuine savings requirement.

Every case where I've lent money to a friend, I've expected to get the money back, and I've had every reason to believe they'd do this (and they have). I haven't relied on them to pay the money back. If they didn't pay it back, I'd be annoyed, but it's not going to be the end of the world...

That's a good outcome. It's the same outcome as the money is used to buy and sell drugs, pays him back with some interest, calls him a "good bloke" for funding drug trafficking. I'm sure the purpose of the money is legitimate, but my imagination is going into overdrive on this one. ;) Might...

This does raise an interesting question. What does your mate need a substantial amount of money for, that can't wait a week? I've given money to friends before, but in those cases it was going to take them a few months to get it back to me (which they did).

If a similar amount of money leaves your account, then returns a week later, I can't see why lenders would have a problem with it. It just needs a reasonable narrative in the loan application to explain the transactions. My philosophy is that any money lent to friends and family needs to be...