Tis true... (less the 0.20 package discount)
http://www.westpac.com.au/internet/publish.nsf/Content/PBHLRF+Current+Interest+Rates
Fixed Rate Investment Property Loan - Low Doc
1 year 5.99% pa
2 year 5.79% pa
3 year 5.19% pa
4 year 6.49% pa
5 year 6.49% pa