Hi Rolf
Thanks for the link
I enjoyed that promo.
Westpac do a nice job with their promo material.
It's easy, sitting here in this exclusive Forum of property investors, to make snarky remarks about what the banks and other lenders are doing.
Whether it's Westpac or the Bandywallop Credit Union, they buy or rent money just as we end-users do.
After Cyclone Larry, Bananas were over $7 per kilo - in some stores, well over $7 per kilo.
The rollover fee for wharehousing facilities for one lender I was speaking to last month, has gone from $12,000 each three months to $300,000 each three months.
Fixed Rates up to 15 years are available to the customer but I'll bet that no 15 year fixed rates are available to the lenders right now.
Anyway, I think that 'educational' material such as this is very important and Westpac gets the Elephant Stamp from me for being courageous enough to actually tell it like it is.
Cheers
Kristine
Anyway, it's all about the rabbits!