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Thanks a lot Peter. That helps a lot. Also, just spoke with ANZ and they can give me a "Counter Cheque" which is just like a personal cheque, but I can pick it up over the counter. That way, the payee, amount etc. can be filled out by me when we find the right property. ANZ do that for...

Hi all, We're considering buying a new PPoR at auction next weekend (in Melbourne). I'm reading through auction advise threads here to understand as much as I can about the psychology and tips. I've attended a few auctions today just to understand the process. I've got a few questions...