Bankwest

Bankwest used to be owned by UK Halifax but were taken over by CBA in the middle of the GFC.  Following that they restricted their access to a limited range of brokers and had an on again -off again  attitude to offering some products through through their branches and not with brokers.  As a result they have struggled, in the eyes of many brokers to re-establish credibility as a reliable source of funds.

However they appear to have lifted their game with a good customer satisfaction report recently and they still have independent policy.  They also offer some very competitively priced products including a current 6.50% rate on loans over $1.5 million.  They have recently released a low doc product and other competitive basic home loan products.

About Andrew Hunter

Andrew is principal of KeyChange IT and Management Consultants and provides contract management service to Peach Home Loans see http://www.peachhomeloans.com.au
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