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Investment property interest rate vs. Owner/occupier interest rate

[ Edited ]
Posted by cgm cgm
Message 1 of 5 488 Views

Why has Bankwest recently decided to increase the interest rate on its customer's investment property loans? Smiley Mad

 

 

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Re: Investment property interest rate vs. Owner/occupier interest rate

[ Edited ]
Posted by SarahF SarahF
Message 2 of 5 460 Views

Hi @cgm, there is a wide range of factors which influence interest rate decisions and any decision to change interest rates is carefully considered. This change has been made as we balance increasing costs, including partially offsetting costs associated with recent changes to capital requirements, with the need to remain competitive, offer innovative products and great service to our 1.3 million customers nationwide.

 

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Re: Investment property interest rate vs. Owner/occupier interest rate

Posted by cgm cgm
Message 3 of 5 451 Views

@SarahF what was Bankwest's last half year profit?

 

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Re: Investment property interest rate vs. Owner/occupier interest rate

Posted by cgm cgm
Message 4 of 5 401 Views

Just following up on this @SarahF@PeteW or @LyndsC.

 

What was Bankwest's most recent half year profit earnings?

 

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Re: Investment property interest rate vs. Owner/occupier interest rate

Posted by PeteW PeteW
Message 5 of 5 397 Views

Here's the Commonwealth Bank Group Profit Announcement for the half year ended 31 Dec 2015 which includes the Bankwest result @cgm.

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