This report is no longer current. Please refer to the CANSTAR CANNEX website for the most recent star ratings report on this topic.

Transcription

1 This report is no longer current. Please refer to the CANSTAR CANNEX website for the most recent star ratings report on this topic. ` MORTGAGE STAR RATINGS Report No. 21 March 2008 IN THIS REPORT WE LOOK AT Mortgage mayhem how long can we hold up the sky? The sky is still not falling deposit accounts benefit Debunking the myth deposits versus mortgages Breakages must be paid for beware the pitfalls of fixed rates Rudd to the rescue government helps first home buyers MORTGAGE MAYHEM HOLDING UP THE SKY The effects of the USA s current economic crisis are now rippling through to Australia. While the official cash rate determined by the Reserve Bank of Australia (RBA) is the highest in 12 years, lenders are raising rates over and above the RBA rate. This is necessary, say the banks, in order to recoup some of the losses incurred as a result of the increased cost of money on the wholesale market, the most obvious effect of the USA-driven monetary turbulence. Apart from causing widespread pain and anxiety to many consumers with mortgages or those saving for one, the ever-changing situation in the money market is behind the current repositioning of products by some lenders. At CANNEX we are now seeing many lenders withdrawing some or all lending products from the market. Others, the big banks in particular, are making more and more noises about restricting lending and not taking on new customers. Mortgage brokers are also feeling the pinch of shrinking profit margins, as banks put the squeeze on the sector and smaller lenders withdraw from this distribution avenue. Is credit rationing on the cards a little further down the track? We are yet to feel the full impact of this changed lending landscape but expect to do so as new survey figures are collated in the next couple of months. THE SKY IS STILL NOT FALLING If you are cashed up, you are probably rubbing your hands in glee right now as banks court you with offers of good interest rates in return for minding your money. The reason for such a focus on boosting deposit accounts is simply that ordinary mum-and-dad deposits make up the retail deposit base. This source of funding helps the banks reduce their dependence on purchasing money from the more expensive wholesale market. Hence the gap between the official cash rate and what the banks are offering deposit account holders is narrowing all the time. In such a competitive environment, it s not hard to find a good deal, especially if you look at saving online. DEBUNKING THE MYTH Banks are an easy and frequent target of general consumer dissatisfaction over the discrepency between the interest rates they offer on lending and deposit products. Banks have long been criticised over their promptness to take with the one hand and not give back quite so quickly with the other. However, banks decisions are based on market place supply and demand pressures, YOUR GUIDE TO PRODUCT EXCELLENCE

2 just as any other business experiences. CANNEX has tracked the margins between mortgages and 90-day term deposits offered by banks over the past five years and discovered the 90-day term deposit rate has actually increased faster than the mortgage rate. As you can see, the gap between lending and deposit products has never been slimmer. The reason for this is that mortgages are priced off the Reserve Bank cash rate, and lenders feel constrained in exceeding RBA increases. However, they fund mortgages from both wholesale and retail deposits, and wholesale rates (as indicated by the 90-day bill rate) have increased more than the cash rate. Term deposits have been bid up as the alternative to wholesale funding so that the margin between lending and term deposits has narrowed. Recent turmoil in capital markets has made retail deposits still more attractive, hence the recent move away over and above the 90-day bill rate. The ultimate outcome is leaner lending margins and a narrow gap to deposits. Lending-Deposit Margin Analysis Apr-03 Jul-03 Oct-03 Jan-04 Apr-04 Jul-04 Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Average Mortgage Rates 90-day bank bill 90-day term deposit RBA cash rate Source: CANNEX 18/3/08. Based on bank lending & deposits of $50,000 BREAKAGES MUST BE PAID FOR With so much uncertainty surrounding the mortgage market, it s not surprising a growing proportion of Australians are choosing to fix their loans. The big issue to weigh up is the timing of entering into a fixed loan. If rates are at the top of the cycle when you fix your loan, it s likely that they will come down during your fixed period leaving you paying more. The other issue to consider is the break cost of the loan. This can be significant and unexpected to most borrowers. As its name implies, a break cost can be charged when a fixed loan is exited before the full term. If, by breaking the loan early, the lender incurrs a loss, this will be passed on to the borrower. The lender will incur a loss if the wholesale money rates fall after the loan is fixed. The lender will be locked into the higher priced funding for the loan. The wholesale money market is volatile and unpredictable at the moment and changes almost hourly. It is not related to official RBA cash rate. YOUR GUIDE TO PRODUCT EXCELLENCE 2

3 Calculating or measuring a break cost on a loan is not easy for borrowers, predominantly because of the fluctuating wholesale money market. Apart from looking at what the wholesale rate is at settlement, lenders also take into account the loan amount, average loan balance and the loan term remaining. To make it even more confusing, figures vary between lenders. Nobody has a crystal ball, and it is impossible to say categorically which way rates will move. Fixing rates today gives certainty of repayments for the next two, three or five years. The trade-off is that if rates fall you will not enjoy that benefit and if your circumstances change and you have to sell, you could be up for break costs. Example Scenario of Economic Loss: term: 5 year fixed rate amount: $250,000 interest rate: 8.99% Repaid after two years (three years to go) Fixed rate market share 35% 30% 25% 20% 15% 10% 5% 0% Dec-05 Jan-06 Feb-06 Source: CANNEX * based on 12 banks Mar-06 Apr-06 Wholesale rate at original settlement: 7.69% Wholesale rate at the moment: 6.5% Economic loss: $7,477 (this is the loss to lender, passed on to borrower) Fixed Rate Market Share Owner Occupied May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 CANNEX has noted the preference by Australian home owners for fixed rate loans is steadily increasing. The latest figures available as at January this year show just on 30% of all owneroccupied home loans are fixed. This is not surprising, considering the current global money market situation and it is a trend we expect will continue until at least the end of the year. RUDD TO THE RESCUE Amid the global money market turmoil and rising interest rates dashing home ownership goals, the newly-elected government is providing a glimmer of hope by announcing a program to help first home buyers. Scheduled to roll out from this July, the First Home Saver Account is intended to boost your regular savings for a home loan deposit with the addition of government funds, YOUR GUIDE TO PRODUCT EXCELLENCE 3

4 scaled to your contributions and income tax level. Withdrawals will be tax-free if the money is used to buy or build a first home to live in. Even though this scheme won t solve all obstacles first home buyers face, it is a start and for that reason is worth investigating. DISCLAIMER To the extent that any CANNEX data, ratings or commentary constitutes general advice, this advice has been prepared by CANNEX (Aust) Pty Ltd ABN AFSL and does not take into account your individual investment objectives, financial circumstances or needs. Information provided does not constitute financial, taxation or other professional advice and should not be relied upon as such. CANNEX recommends that, before you make any financial decision, you seek professional advice from a suitably qualified adviser. A Disclosure Statement relating to the product should also be obtained and considered before making any decision about whether to acquire the product. CANNEX acknowledges that past performance is not a reliable indicator of future performance. Please refer to CANNEX s FSG for more information at YOUR GUIDE TO PRODUCT EXCELLENCE 4

5 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "superior value" wilaanz Bank Standard Variable (ANZ@work Package <$700k) Nil Both 95.00% ANZ Bank Standard Variable (Breakfree Pkg $250-$700k) 8.67 Nil 340/a Both 95.00% ANZ Bank Standard Variable (ProfessionalMortPkg<700k) Nil Both 95.00% Arab Bank Australia Basic Home /m P+I 95.00% Awesome Mortgages Homeloan Std Variable Nil Both 97% Awesome Mortgages Prime Nil Both 97% Colonial Standard Variable (Mort Adv Pkg $250k-$349k) /a Both 97% Commonwealth Bank Complete Home (Wealth Package Tier 2) /a Both 97% Electronic E Rate Saver Nil Both % Gateway Credit Union Standard Variable Nil Both 80.00% Heritage Building Soc Standard Variable (Professional Package) 8.55 Nil 250/a Both 95% Intech Credit Union Classic Home Nil Both 95% Macquarie Bank Select Classic >$250k 8.77 Nil 20/m Both 95.00% mecu First Home Buyers Nil P+I 100% mecu Premium Home $250k Nil P+I 100% nab Standard Home Var (Choice Pkg Tailored HL) 8.77 Nil 375/a Both 100% Newcastle Permanent Premium Variable (Premium Plus Package) 8.61 Nil 250/a Both 100% No min Newcastle Permanent Real Deal Home Nil Both 100% Qantas Staff CU Step Ahead Var <$500K 8.50 Nil Nil IO 95.00% Qantas Staff CU Home Plus Honeymoon 1yr Nil P+I 80.00% No min Qantas Staff CU Home Plus Variable Nil P+I 80.00% No min Savings & s CU SA Discount Variable >$250k /m Both % Select Credit Union Super Mortgage Nil Both 95% St George Bank Standard Variable (Advantage Package >$250K) /a Both 95.00% State Custodians Standard Variable /a Both 80.00% Virgin Money Standard Variable <$750k Nil Both 95.00% No min Westpac Rocket Repay Home (Rocket Prem AdvPkg>$ Nil 395/a Both % Yes Home s Basic Home /a Both 80% "exceptional value" Adelaide Bank Standard Variable (Std Variable Exec Pkg) /m Both % AMP Banking Basic Variable Rate 8.57 Nil Nil Both % ANZ Bank Special Money Saver /m Both 95.00% Bank of Queensland Standard Variable (Standard Var Pkg >$250k) /a Both % Bankstown City CU Home Manager 8.59 Nil Nil Both 97.00% BankWest Lite Plus >$250k 8.68 Nil 360/a Both 95% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 1 of 9

6 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "exceptional value" wilacolonial Standard Variable (MortAdv Plus $250k-$349k) /a Both 97% Credit Union Australia Discounted Home Nil Both 97.00% Dnister Ukrainian Credit Premier Variable Nil P+I 95.00% Homeloans Balanced Securitised Nil Both % Homestar Finance Standard Variable Nil Both 97.00% Homestar Finance Intro 1yr Construction Nil IO 95.00% Hume Building Society Standard Variable Nil Both 100% No min IMB Limited Standard Variable (Professional Var ) Nil Both % Ironbark Mort Solutions Standard Term Var Nil Both 100% Australia Corp 100% Finance Var Nil P+I 100% Australia Corp Flexi-Plus Variable Nil Both 95% Meridian Money Premier Plus 7.95 N/A N/A Both 95.00% Money Saver Home s Premium Saver Stand Var /a Both % nab 3yr Intro Var Home /m P+I 95% nab Base Var Rate Discount Nil Both 95% Qantas Staff CU Home Essentials Nil P+I 80.00% No min Sapphire Mortgage Servic Plus Variable >150k Nil Both % State Custodians Breathe Easy Home /a Both % TIO Banking Standard Variable (Extra Miles >$250k) /a Both 95.00% Yes Home s Credit Access Nil Both 97% "strong value" A M O Group Rate Saver Home Nil P+I 80% Adelaide Bank-exl SA/NT SmartFit Variable /m Both % AMP Banking Select T2 Variable /a Both % AMP Banking Pro Pkg Intro $250k-749k 8.02 Nil 349/a Both % AMP Banking Classic Variable Rate (Prof Pkg Var $250-$749k) 8.67 Nil 349/a Both % ANZ Bank Standard Variable Nil Both 95.00% No min API Home s Standard Variable Nil Both % Austral Mortgage HomebuyerPlus100%Off> Nil Both % Austral Mortgage Advantage Plus >250k Nil Both % Bananacoast Community CU Premier Variable Nil Both % Bank of Cyprus Australia Essential Home /m Both 95% BankSA Essential Home /m Both 95.00% Better Choice Home s Balanced Variable Nil Both % Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 2 of 9

7 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "strong value" wilabmc Mortgage Standard Variable Nil Both 97.00% BMC Mortgage Premium Choice Variable Nil Both 97.00% Capricornia CU Premier Plus Nil Both 95.00% No min Citibank Basic Variable Nil Both % Citibank Mortgage Plus Off200< /a Both % Citibank Standard Variable (Mort Plus Std Var <$300k) /a Both % Collins Home s Multioption Nil Both 95.00% Colonial Standard Variable /m Both 97% Commonwealth Bank 12mth Disc Var Home /m Both 97.00% Commonwealth Bank Complete Home /m Both 97% Community CPS Australia Basic Home Variable /m P+I % Companion CU Lifestyle Plus 9.12 Nil Nil Both 95.00% Companion CU Home Nil Both 95.00% Credit Union Australia Introductory 3yr Var Nil Both 97.00% No min Credit Union Australia Basic variable >$250k Nil Both 97.00% Credit Union Australia Standard Variable Nil Both 97.00% No min Defence Force CU Flexi Choice Variable /a P+I 95.00% FCCS Credit Union Discount Home >250K Nil Both 95% Fire Services CU Standard Variable Nil Both 80.00% Heritage Building Soc Standard Variable /m Both 95% Heritage Building Soc Basic Variable Nil P+I 95.00% Heritage Building Soc Premium Variable Nil Both 95.00% Homeloans Smart Saver Nil Both % HomePath Standard Var Home Nil Both 97% Horizon Credit Union Mortgage Breaker /a P+I 80.00% Hume Building Society Saver Nil P+I 100% IMB Limited Budget Blue Home Nil Both % IMB Limited Budget Home /m Both % ING Direct Mortgage Simplifier Nil Both 100% Ironbark Mort Solutions Premium Term Var /a Both 100% Ironbark Mort Solutions Fee-Free Term Var 8.40 Nil Nil Both 100% Laiki Bank Options Plus Home /m P+I 80% Australia Corp Discount Saver Variable /m Both 95% Locumsgroup Fully Optioned Nil Both 95.00% Maritime Workers CU Standard Variable Nil Both 90% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 3 of 9

8 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "strong value" wilamecu Basic Variable Nil P+I 100% Members Equity Bank Std Var Super Member 8.44 Nil Nil Both 95% Members Equity Bank Ultimate Super Member 8.74 Nil Nil P+I 95% Members Equity Bank Ultimate Offset 8.74 Nil Nil P+I 95% Meridian Money AAA Pro Pack /a Both 95.00% Meridian Money AAA Nil Both 90.00% Meridian Money Premier Nil Both 95.00% Meridian Money Kickstart 18mth Intro Nil Both 95.00% Meridian Money KickStart 6mth Intro Nil Both 95.00% Meridian Money Kickstart 12mth Intro Nil Both 95.00% Meridian Money Premier Pro Pack /a Both 95.00% Mortgage Ezy Discount Variable /q Both % MyRate Advantage Variable 8.03 Nil Nil Both 95% nab Standard Home Var /m Both 100% Nationwide Mortgage Corp True Saver Home Nil Both 90.00% Newcastle Permanent 1yr Discounted Rate Nil Both 100% No min Newcastle Permanent Real Options Nil Both 100% No min Newcastle Permanent Premium Variable 9.31 Nil 7/m Both 100% No min NSW Teachers CU My First Home 8.39 Nil Nil P+I 100% NSW Teachers CU Basic Option Nil P+I 95% one direct home loans Variable Nil Both 95.00% Orange Credit Union Standard Variable Nil Both 97% No min Pacific Mortgage Corp Premium Access Nil Both 95.00% Police Credit Base Rate Variable Nil P+I 95% Powerstate Credit Union Standard Variable Nil Both 97% Qld Professional CU Friendly Home /m Both 95.00% No min QuickDirect Online Mort Variable 8.44 Nil Nil Both 97.00% RAMS Saver Var Nil Both 100% RESI Mortgage Corp Complete Home Nil Both 95.00% RESI Mortgage Corp SwitchnSave Intro Var Nil Both % St George Bank Standard Variable /m Both 95.00% SUNCORP Standard Variable (MMger Stnd Var $ k) 8.82 Nil 25/m Both 100% SUNCORP Back To Basics Nil Both 100% Sutherland Credit Union Home Plus Nil P+I 95% University Credit Soc Standard Variable Nil Both 95% No min Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 4 of 9

9 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "strong value" wilawarwick Credit Union Premium Home /m Both 95.00% Westpac Rocket Repay Home /a Both % Westpac Premium Option Home (Premier Advant Pkg>$ Nil 395/a Both % Wizard Home s Smart Choice (VIP Advantage <$500K) /a Both % Yes Home s Discount Access 1yr "rising star" Money Saver Home s Money Saver Nil Both 97.00% "average value" Adelaide Bank Standard Variable /m Both % Arab Bank Australia Standard Variable Nil Both 95.00% Austral Credit Union Premium Variable /a Both 97.00% Austral Credit Union Standard Variable Nil Both 97.00% Australian Central CU Discount Variable Rate /m Both % Bank of Queensland Economy Home /m Both % No min Bank of Queensland Standard Variable /m Both % No min BankSA Standard Variable (Workplace Package Var) /m Both 95.00% BankSA Standard Variable /m Both 95.00% BankWest Lite Home Nil Both 95% BankWest Mortgage Shredder Nil Both 95% BankWest Mortgage Shredder 1y Var Nil Both 95% BMC Mortgage Challenger Variable Nil Both 90.00% CHS Home s 3 year Spec Rate Saver /m Both 97% Circle Credit Co-op Rate Saver Nil Both 90.00% Collins Home s EasiSaver II /a Both 95.00% Colonial 12mth Disc Var Home /m Both 97% Colonial 3 year Spec Rate Saver Nil Both 97% Commonwealth Bank Economiser Intro 3yr /m P+I 97.00% Community First CU True Prof Large /a P+I 95% Community First CU True Basic Home Nil P+I 95% Community First CU True Value Var HL Nil Both 95% ECU Australia Premium Variable Home Ln Nil P+I % Holiday Coast CU Home Sweet Home Nil Both 95.00% Holiday Coast CU Mortgage Plus Standard Nil Both 95.00% HomeSide Lending Reducible Mortgage (HomePlus Package Rate 2) /m Both 95.00% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 5 of 9

10 oanportabedra00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax "average value" wilahsbc Power Vantage Package /m Both 95% IMB Limited Standard Variable Nil Both % Maritime Workers CU First Home Borrower Nil P+I 95% mecu Premium Home Nil P+I 100% Members Equity Bank Standard Variable 8.69 Nil Nil Both 95% Mortgage House of Aust Home Plus Variable Nil Both 95% Mortgage House of Aust Intro Thrifty Access Nil Both 95% Mortgage House of Aust Freedom Home Nil Both 95% mystate Financial Alternative Home Nil P+I 97.00% nab 12mth Intro Var HomeLn /m P+I 95% Nationwide Mortgage Corp First Choice Home Nil Both 90.00% NSW Teachers CU Flexi Choice Nil P+I 95% Pacific Mortgage Corp 12mth Variable Discount Nil Both 95.00% Pacific Mortgage Corp 6 mth Variable Discount Nil Both 95.00% Police & Nurses Credit Easypay Variable /m Both % Police CU SA Discount Variable /m P+I 100% Qld Police Credit Union Select Home (Select Home <$350k) Nil Both 100% RAMS Basic Variable Nil Both 100% RAMS EasyStart 4yr Intro Var /a Both 100% Rate Busters Standard Variable Nil Both 95.00% RTA Staff CU Fastroad Basic Home Nil P+I 95% SERVICE ONE Members Bank Standard Var Home /m Both 97% SGE Credit Union Premium Variable Nil P+I 97% St George Bank Discount Variable Rate /m Both 95.00% TAFE & Community CU Home Nil P+I 95% Victoria Teachers CU Offset Home Nil Both 95.00% No min Victoria Teachers CU Basic Home Nil P+I 95.00% No min Warwick Credit Union Essential Home /m Both 95.00% Wizard Home s Clear Value Nil Both % "satisfactory value" ABS Building Society Variable - New customers Nil P+I 95.00% No min Adelaide Bank Greatsaver Nil P+I % AMP Banking Classic Variable Rate /m Both % Arab Bank Australia HeadStart 12mth IntroVar /m P+I 95.00% Arab Bank Australia HeadStart 6mth Intro Var /m P+I 95.00% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 6 of 9

11 oanportabedraw00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax ila "satisfactory value" Assured Home s RateBreaker Variable Nil Both 95.00% Aussie Home s Basic Variable Nil Both 95% Aussie Home s Premium Plus <$350k /q Both 95% Austral Credit Union Basic Home Variable Nil Both 97.00% Austral Mortgage Design a Variable Nil Both 95% Austral Mortgage Investor Advantage /a Both 97.00% Australian Defence CU Budget Home Nil P+I 95.00% B & E TopLine Disc Var >250K Nil P+I % BankSA Discount Great Start /m Both 95% Bendigo Bank Standard Variable /m Both 97.00% Bendigo Bank Bendigo Home Pkg /m Both 97.00% No min Better Choice Home s Homelend Plus Nil Both 95.00% Capricornia CU Standard Variable Nil Both 95.00% No min CHS Home s Standard Home /m P+I 97% CHS Home s Rate Saver Home /m Both 97% Citibank Standard Offset Variable /m Both % Coastline Credit Union Minimiser Home /m P+I 95% Colonial Rate Saver Int /m IO 97% Colonial Rate Saver HL P&I /m P+I 97% Commonwealth Bank Economiser HL P & I /m P+I 97.00% Community CPS Australia Standard Variable Nil Both 95.00% Community First CU True Professional HL /a P+I 95% No min Defence Force CU True Value Home Nil P+I 95.00% Defence Force CU First Plus Variable 8.64 Nil Nil P+I 95.00% Easy Street Fin Services EasyStreet Basic Var Nil P+I 95% Electronic E Low Start Home Nil Both 97.00% Encompass Credit Union Basic Home Nil P+I 95.00% Family First CU Standard Variable Nil P+I 90% FCCS Credit Union Premium Variable > $250K 8.19 Nil 395/a Both 95% FCCS Credit Union Home Variable>$250k 8.35 Nil Nil Both 95% GE Money Flexible Option Var > Nil 295/a Both 100% Greater Building Society Stand Var-New Customers 8.95 Nil Nil P+I 95.00% No min Greater Building Society Mortgage Express 9.15 Nil 5/m P+I 95.00% No min HBF Financial Services Standard Variable Nil Both % No min Holiday Coast CU Easy Basic Variable Nil P+I 95.00% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 7 of 9

12 oanportabedraw00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax ila "satisfactory value" Home Building Society No Frills Home Nil P+I 95.00% Homeloans Easy Saver Nil Both 95.00% HomeSide Lending Plain and Simple P+I Nil Both 95.00% Horizon Credit Union Basic Home /m Both 95.00% No min HSBC Standard Variable Nil Both 95.00% HSBC 1 Yr Discount Variable Nil Both 97.00% HSBC Home Smart Variable (Home Smart PowerVtge Pkg) /m P+I 97.00% HSBC Home Value Nil Both 95.00% Hunter United Credit Un Excel A Rate Basic Var /m P+I 95.00% Illawarra CU NSW Basic Home /m P+I 95.00% IMB Limited Discount Var 1 yr Nil Both % Lifeplan Funds Managemnt FlexiSmart Home Nil P+I % Macquarie Bank Select Basic >$250k Nil Both 95.00% Maitland Mutual BS Mutual Home Nil Both 100% Maitland Mutual BS Premium Std Variable Nil Both 100% Maroondah Credit Union Standard Variable Nil Both 97% Maxis s Rate Saver 8.69 Nil Nil P+I 95% Maxis s Money Manager Offset Ac 8.99 Nil Nil P+I 95% Memberfirst Credit Union Premium Var 100% Off Nil P+I 95% Mortgage House of Aust Thrifty Access Nil Both 95% Nationwide Mortgage Corp First Choice Home (ProPack First Choice) /a Both 90.00% Nationwide Mortgage Corp Low Deposit Nil Both 97.00% New England CU NSW Mortgage Breaker Nil P+I 95% No min NSW Teachers CU Variable IO Nil IO 95% Police Credit Intro Variable Nil P+I 95% Police Credit Variable Nil Both 95% Police CU NSW Standard Variable Nil Both 95.00% Qld Police Credit Union Basic Home Nil P+I 100% Qld Professional CU Standard Variable Nil Both 95.00% No min Railways Credit Union Economy Home (L50) /m P+I 80% RAMS Standard Variable Nil Both 100% RAMS SmartWay Nil Both 100% Rate Busters Fee Buster Variable Nil Both 95.00% Resident Home s ProPack Variable /a Both 95% Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 8 of 9

13 oanportabedraw00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE HOME LOAN Principal+ LVR RLFacility, levariable lemax ila "satisfactory value" Satisfac Credit Union Integris Variable <750k Nil P+I 95% Satisfac Credit Union First Home Nil P+I 95% Satisfac Credit Union Smart Var <150K (Smart Var <1250M) Nil P+I 95% SERVICE ONE Members Bank Basic Home /m Both 97% SGE Credit Union Introductory Variable Nil P+I 95% SGE Credit Union FirstChoice 1yr IntroVar Nil P+I 97% St George Bank Negotiated Basic H/L Nil Both 95.00% SUNCORP Standard Variable /m Both 100% TIO Banking Territory >100k /m P+I 95.00% Uni Credit Union Everyday Basic HomeLn /m P+I 95.00% United Credit Union Access Plus Home /m Both 95% No min United Credit Union Classic Home /m Both 95% No min Warwick Credit Union Classic Home Nil Both 95% Westpac Premium Option Home /m Both % Westpac First Option Home /m P+I 97.00% Wizard Home s Smart Choice Nil Both % Rates are correct as at 19th March 2008 RESIDENTIAL VARIABLE HOME LOAN: Page 9 of 9

14 1 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Lifeplan Funds Managemnt FlexiSmart 1 year Fixed Nil P+I % 600, NSW Teachers CU Option 1 year Fixed Nil P+I 95% No max Powerstate Credit Union 1 Year Fixed Nil P+I 97.00% No max Qantas Staff CU Options 1 year Fixed Nil Both 80.00% 3,000, Qld Professional CU 1 Year Fixed Nil Both 95.00% No max "exceptional value" Community First CU True 1 year Fixed Nil P+I 100% No max Lifeplan Funds Managemnt 1 Year Fixed Nil P+I % 600, Memberfirst Credit Union 1 year Fixed Nil P+I 95% No max Members Equity Bank Super Member 1yr Fixed 8.99 Nil Nil Both 95% No max Newcastle Permanent 1 year Fixed Nil Both 100% No max NSW Teachers CU 1 year IO Fixed Nil IO 95% No max one direct home loans 1 year fixed Nil Both 95.00% No max RTA Staff CU 1 year Fixed Nil P+I 95% No max Sapphire Mortgage Servic Plus 1yr Fixed Nil Both % No max "strong value" Adelaide Bank 1 Year Fixed /m Both % No max ANZ Bank 1 Year Fixed /m Both 95.00% No max Australian Central CU 1 Year Fixed Nil Both % No max Bendigo Bank 1 Year Fixed /m Both 97.00% No max Commonwealth Bank 1 Year Fixed /m Both 97.00% No max Community CPS Australia 1 Year Fixed Nil Both 95.00% 2,000, Credit Union Australia 1 Year Fixed Nil Both 97.00% No max Gateway Credit Union 1 year Fixed Nil Both 80.00% No max Heritage Building Soc 1 Year Fixed /m Both 95.00% No max Homestar Finance 1yr Fixed Nil Both 95.00% 2,000, Hume Building Society 1 year Fixed Nil P+I 100% 2,000, Illawarra CU NSW 1 Year Fixed Nil Both 95.00% No max Members Equity Bank 1 year Fixed 9.14 Nil Nil Both 95% No max nab Tailored Hl 1yr Fixed IO /m IO 100% No max nab Standard HL 1yr Fixed /m P+I 100% No max Police Credit 1 year Fixed 8.64 Nil Nil Both 95% No max SGE Credit Union 1 yr Fixed Nil Both 97% 2,000, SGE Credit Union Flexible Opt 1yr Fixed Nil Both 90% 2,000, Unicom Credit Union 1 Year Fixed Nil Both 95.00% No max Rates are correct as at 19th March 2008 RESIDENTIAL 1 YEAR FIXED: Page 1 of 3

15 1 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" Warwick Credit Union Premium 1 year Fixed /m Both 95.00% No max "average value" ABS Building Society 1 Year Fixed Nil P+I 95.00% No max Arab Bank Australia 1 year Fixed /m Both 95.00% No max Austral Mortgage Advantage Plus 1yr Fixed Nil Both 95.00% 5,000, Bank of Queensland 1 Year Fixed /m Both % No max BankWest 1 Year Fixed /m Both 95% No max Better Choice Home s 1 year Fixed Nil Both % No max CHS Home s 1 year Fixed /m P+I 97% No max Coastline Credit Union 1 Year Fixed Nil P+I 95% No max Colonial 1 Year Fixed /m Both 97% No max Community CPS Australia Parent H 1yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union 1 year Fixed Nil P+I 95.00% No max Horizon Credit Union Horizon 1 year Fixed Nil Both 95.00% No max HSBC 1 Year Fixed Nil Both 97.00% 7,500, IMB Limited 1 Year Fixed Nil Both % No max ING Direct 1 Year Fixed Nil Both 100% 2,000, Maxis s 1 Year Fixed 9.14 Nil Nil P+I 95% No max mecu 1 Year Fixed Nil P+I 100% 750, mystate Financial 1 year Fixed Nil P+I 97.00% 1,000, Police CU SA 1 year Fixed Nil Both 100% No max Savings & s CU SA 1 year Fixed Nil Both % No max St George Bank 1 year Fixed /m Both 95.00% No max SUNCORP 1 Year Fixed /m Both 100% No max United Credit Union Access Plus 1 year Fixed /m Both 95% No max University Credit Soc 1 Year Fixed Nil Both 95% No max Warwick Credit Union Classic 1 year Fixed Nil Both 95.00% No max Westpac 1 Year Fixed /m Both % No max "satisfactory value" AIMS Home s 1 year Fixed Nil Both 95.00% 2,000, Alliance One CreditUnion Your Choice 1 year Fixed Nil P+I % 400, AMP Banking 1 Year Fixed 8.99 Nil 349/a Both % 2,500, AMP Banking Select 1 year Fixed /a Both % 2,500, Aussie Home s 1 Year Fixed Nil Both 95% No max Rates are correct as at 19th March 2008 RESIDENTIAL 1 YEAR FIXED: Page 2 of 3

16 1 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" B & E Discounted 1yr Fixed /m P+I % No max B & E 1 Year Fixed /m P+I % No max Bananacoast Community CU 1 year Fixed Nil Both % 7,000, BankSA 1 Year Fixed /m Both 95.00% No max BMC Mortgage Origin 1 year Fixed Nil Both 97.00% 2,000, Citibank 1 year Fixed /m Both % 4,000, Collins Home s EasiSaver II 1yr Fxd /a Both 95.00% 2,000, ECU Australia Premium 1 year Fixed Nil Both % No max Greater Building Society 12 mth Fixed 8.99 Nil Nil P+I 95.00% No max HBF Financial Services 1yr Fixed Nil Both % No max Holiday Coast CU Fixed n Easy 1yr Fixed 8.80 Nil Nil Both 95.00% No max Home Building Society 1 Year Fixed /m Both 90.00% No max HomeSide Lending HomePlus 1yr Fixed /m Both 95.00% No max HomeSide Lending 1 Year Fixed /m P+I 95.00% No max Maitland Mutual BS Premium 1 year Fixed Nil Both 100% No max MyRate 1 year Fixed 8.75 Nil Nil Both 95% 2,000, Nationwide Mortgage Corp 1 Year Fixed Nil Both 90.00% 4,000, New England CU NSW Home Steady Rate Nil P+I 95% 1,000, Qld Teachers CU 1 Year Fixed Nil P+I % No max Uni Credit Union 1 year Fixed Nil P+I 95.00% 750, Rates are correct as at 19th March 2008 RESIDENTIAL 1 YEAR FIXED: Page 3 of 3

17 2 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Community First CU True 2 year Fixed Nil P+I 100% 500, Easy Street Fin Services Easy Street 2 year Fixed Nil P+I 100% 500, HomePath 2 year Fixed Nil Both 97% No max Lifeplan Funds Managemnt FlexiSmart 2 year Fixed Nil P+I % 600, Newcastle Permanent 2 year Fixed Nil Both 100% No max NSW Teachers CU 2 year IO Fixed Nil IO 95% No max NSW Teachers CU Option 2 year Fixed Nil P+I 95% No max Qantas Staff CU Options 2 year Fixed Nil Both 80.00% 3,000, "exceptional value" Credit Union Australia 2 Year Fixed Nil Both 97.00% No max Defence Force CU Flexi Choice 2yr Fixed /a P+I 95.00% No max Illawarra CU NSW 2 Year Fixed Nil Both 95.00% No max Memberfirst Credit Union 2 year Fixed Nil P+I 95% No max nab Standard HL 2yr Fixed /m P+I 100% No max one direct home loans 2 year fixed Nil Both 95.00% No max Powerstate Credit Union 2 Year Fixed Nil P+I 97.00% No max Sapphire Mortgage Servic Plus 2yr Fixed Nil Both % No max Unicom Credit Union 2 Year Fixed Nil Both 95.00% No max "strong value" A M O Group 2 Year Fixed Nil Both 100% 2,000, Adelaide Bank 2 Year Fixed /m Both % No max ANZ Bank 2 Year Fixed /m Both 95.00% No max Arab Bank Australia 2 year Fixed /m Both 95.00% No max Austral Mortgage Advantage Plus 2yr Fixed Nil Both 95.00% 5,000, Australian Central CU 2 Year Fixed Nil Both % No max BankWest 2 Year Fixed /m Both 95% No max Bendigo Bank 2 Year Fixed /m Both 97.00% No max Better Choice Home s 2 year Fixed Nil Both % No max Coastline Credit Union 2 Year Fixed Nil P+I 95% No max Commonwealth Bank 2 Year Fixed /m Both 97.00% No max Community CPS Australia 2 Year Fixed Nil Both 95.00% 2,000, Gateway Credit Union 2 Year Fixed Nil Both 80.00% No max Heritage Building Soc 2 Year Fixed /m Both 95.00% No max Homestar Finance 2yr Fixed Nil Both 95.00% 2,000, Hume Building Society 2 year Fixed Nil P+I 100% 2,000, Rates are correct as at 19th March 2008 RESIDENTIAL 2 YEAR FIXED: Page 1 of 3

18 2 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" ING Direct 2 Year Fixed Nil Both 100% 2,000, Lifeplan Funds Managemnt 2 Year Fixed Nil P+I % 600, mystate Financial 2 year Fixed Nil P+I 97.00% 1,000, nab Tailored Hl 2yr Fixed IO /m IO 100% No max Police Credit 2 year Fixed 8.64 Nil Nil Both 95% No max SGE Credit Union 2yr Fixed Nil Both 95% 2,000, St George Bank 2 year Fixed /m Both 95.00% No max SUNCORP 2 Year Fixed /m Both 100% No max Warwick Credit Union Premium 2 year Fixed /m Both 95.00% No max "rising star" Orange Credit Union 2 year Fixed Nil P+I 97% No max "average value" ABS Building Society 2 Year Fixed Nil P+I 95.00% No max Bank of Queensland 2 Year Fixed /m Both % No max BankSA 2 Year Fixed /m Both 95.00% No max CHS Home s 2 year Fixed /m P+I 97% No max Colonial 2 Year Fixed /m Both 97% No max Community CPS Australia Parent H 2yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union 2 year Fixed Nil P+I 95.00% No max HomeSide Lending 2 Year Fixed /m P+I 95.00% No max Horizon Credit Union Horizon 2 year Fixed Nil Both 95.00% No max HSBC 2 Year Fixed Nil Both 97.00% 7,500, IMB Limited 2 Year Fixed Nil Both % No max mecu 2 Year Fixed Nil P+I 100% 750, MyRate 2 year Fixed 8.75 Nil Nil Both 95% 2,000, Police CU SA 2 year Fixed Nil Both 100% No max Qld Teachers CU 2 Year Fixed Nil P+I % No max Satisfac Credit Union Satisfac 2 year Fixed Nil P+I 95% 1,250, SGE Credit Union Flexible Opt 2yr Fixed Nil Both 90% 2,000, United Credit Union Access Plus 2 year Fixed /m Both 95% No max University Credit Soc 2 Year Fixed Nil Both 95% No max Warwick Credit Union Classic 2 year Fixed Nil Both 95.00% No max Westpac 2 Year Fixed /m Both % No max Yes Home s 2 year Fixed Nil Both 97% 2,500, "satisfactory value" Rates are correct as at 19th March 2008 RESIDENTIAL 2 YEAR FIXED: Page 2 of 3

19 2 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" AIMS Home s 2 year Fixed Nil Both 95.00% 2,000, Alliance One CreditUnion Your Choice 2 year Fixed Nil P+I % 400, AMP Banking Select 2 year Fixed /a Both % 2,500, AMP Banking 2 Year Fixed 8.89 Nil 349/a Both % 2,500, API Home s 2 Year Fixed Nil Both % 2,500, Aussie Home s 2 Year Fixed Nil Both 95% No max B & E 2 Year Fixed /m P+I % No max B & E Discounted 2yr Fixed /m P+I % No max Citibank 2 year Fixed /m Both % 4,000, FCCS Credit Union Premium 2yr Fixed /a Both 95% 2,500, FCCS Credit Union Standard 2yr Fixed Nil Both 95% 2,500, Greater Building Society 24 mths Fixed 9.25 Nil Nil P+I 95.00% No max HBF Financial Services 2yr Fixed Nil Both % No max Home Building Society 2 Year Fixed /m Both 90.00% No max Homeloans Balanced Secure 2 yr Fxd Nil Both 97.00% No max HomeSide Lending HomePlus 2yr Fixed /m Both 95.00% No max Ironbark Mort Solutions Standard 2 year Fixed Nil Both 100% 2,500, Maitland Mutual BS Premium 2 year Fixed Nil Both 100% No max Nationwide Mortgage Corp 2 Year Fixed Nil Both 90.00% 4,000, New England CU NSW Home Steady Rate Nil P+I 95% 1,000, Qld Professional CU 2 Year Fixed Nil Both 95.00% No max State Custodians Standard 2 year Fixed /a Both 80.00% 2,500, Uni Credit Union 2 year Fixed Nil P+I 95.00% 750, Wizard Home s 2 year Fixed Nil Both % 1,000, Rates are correct as at 19th March 2008 RESIDENTIAL 2 YEAR FIXED: Page 3 of 3

20 3 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Community First CU True 3 year Fixed Nil P+I 100% 500, HomePath 3 year Fixed Nil Both 97% No max Members Equity Bank Super Member 3yr Fixed 8.99 Nil Nil Both 95% No max Newcastle Permanent 3 year Fixed Nil Both 100% No max NSW Teachers CU Option 3 year Fixed Nil P+I 95% No max NSW Teachers CU 3 year IO Fixed Nil IO 95% No max Qantas Staff CU Options 3 year Fixed Nil Both 80.00% 3,000, Sapphire Mortgage Servic Plus 3yr Fixed Nil Both % No max Select Credit Union Super Mortgage 3yr Fixed Nil Both 95% No max "exceptional value" Credit Union Australia 3 year Fixed Nil Both 97.00% No max Defence Force CU Flexi Choice 3yr Fixed /a P+I 95.00% No max Easy Street Fin Services Easy Street 3 year Fixed Nil P+I 100% 500, Illawarra CU NSW 3 year Fixed Nil Both 95.00% No max nab Standard HL 3yr Fixed /m P+I 100% No max one direct home loans 3 year fixed Nil Both 95.00% No max Powerstate Credit Union 3 year Fixed Nil P+I 97.00% No max Unicom Credit Union 3 year Fixed Nil Both 95.00% No max "strong value" A M O Group 3 year Fixed Nil Both 100% 2,000, Adelaide Bank 3 year Fixed /m Both % No max Adelaide Bank-exl SA/NT Smartsuite 3yr Fixed /m Both % No max ANZ Bank 3 year Fixed /m Both 95.00% No max Arab Bank Australia 3 year Fixed /m Both 95.00% No max Austral Mortgage Advantage Plus 3yr Fixed Nil Both 95.00% 5,000, Australian Central CU 3 year Fixed Nil Both % No max BankSA 3 Year Fixed 8.69 Nil Nil Both 95.00% No max BankWest 3 year Fixed /m Both 95% No max Bendigo Bank 3 year Fixed /m Both 97.00% No max Better Choice Home s 3 year Fixed Nil Both % No max Commonwealth Bank 3 year Fixed /m Both 97.00% No max Community CPS Australia 3 year Fixed Nil Both 95.00% 2,000, Companion CU 3 year Fixed Nil Both 95.00% No max Gateway Credit Union 3 year Fixed Nil Both 80.00% No max Homestar Finance 3yr Fixed Nil Both 95.00% 2,000, Rates are correct as at 19th March 2008 RESIDENTIAL 3 YEAR FIXED: Page 1 of 3

21 3 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" Hume Building Society 3 year Fixed Nil P+I 100% 2,000, ING Direct 3 year Fixed Nil Both 100% 2,000, Lifeplan Funds Managemnt FlexiSmart 3 year Fixed Nil P+I % 600, Lifeplan Funds Managemnt 3 year Fixed Nil P+I % 600, Members Equity Bank 3 year Fixed 9.14 Nil Nil Both 95% No max Meridian Money Lifestyle Flexi-Fxd 3yr nab Tailored HL 3yr Fixed IO /m IO 100% No max Police Credit 3 year Fixed 8.64 Nil Nil Both 95% No max SGE Credit Union 3yr Fixed Nil Both 95% 2,000, St George Bank 3 year Fixed /m Both 95.00% No max SUNCORP 3 year Fixed /m Both 100% No max "average value" Bank of Queensland 3 year Fixed /m Both % No max CHS Home s 3 year Fixed /m P+I 97% No max Colonial 3 year Fixed /m Both 97% No max Community CPS Australia Parent H 3yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union 3 year Fixed Nil P+I 95.00% No max Heritage Building Soc 3 year Fixed /m Both 95.00% No max HomeSide Lending 3 year Fixed /m P+I 95.00% No max HomeSide Lending HomePlus 3yr Fixed /m Both 95.00% No max Horizon Credit Union Horizon 3 year Fixed Nil Both 95.00% No max HSBC 3 year Fixed Nil Both 97.00% 7,500, IMB Limited 3 year Fixed Nil Both % No max Maxis s 3 year Fixed 9.14 Nil Nil P+I 95% No max mecu 3 year Fixed Nil P+I 100% 750, mystate Financial 3 year Fixed Nil P+I 97.00% 1,000, Nationwide Mortgage Corp 3 year Fixed Nil Both 90.00% 4,000, Pacific Mortgage Corp 3 year Fixed Nil Both 95.00% No max Police CU SA 3 year Fixed Nil P+I 100% No max Qld Police Credit Union 3 year Fixed Nil P+I 100% No max Qld Teachers CU 3 year Fixed Nil P+I % No max Satisfac Credit Union Satisfac 3 year Fixed Nil P+I 95% 1,250, SERVICE ONE Members Ba 3 year Fixed /m Both 97% 1,300, SGE Credit Union Flexible Opt 3yr Fixed Nil Both 90% 2,000, University Credit Soc 3 year Fixed Nil Both 95% No max Westpac 3 year Fixed /m Both % No max Rates are correct as at 19th March 2008 RESIDENTIAL 3 YEAR FIXED: Page 2 of 3

22 3 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "average value" Yes Home s 3 year Fixed Nil Both 97% 2,500, "satisfactory value" ABS Building Society 3 year Fixed Nil P+I 95.00% No max Alliance One CreditUnion Your Choice 3 year Fixed Nil P+I % 400, AMP Banking 3 year Fixed 8.89 Nil 349/a Both % 2,500, AMP Banking Select 3 year Fixed /a Both % 2,500, Aussie Home s 3 year Fixed Nil Both 95% No max B & E 3 year Fixed /m P+I % No max Bananacoast Community CU 3 year Fixed Nil Both % 7,000, Citibank 3 year Fixed /m Both % 4,000, HBF Financial Services 3yr Fixed Nil Both % No max Holiday Coast CU Fixed n Easy 3yr Fixed 8.95 Nil Nil Both 95.00% No max Home Building Society 3 Year Fixed /m Both 90.00% No max Homeloans Balanced Secure 3 yr Fxd Nil Both 97.00% No max Maitland Mutual BS Premium 3 year Fixed Nil Both 100% No max MyRate 3 year Fixed 8.75 Nil Nil Both 95% 2,000, Police CU NSW Fixed Rate Home Nil Both 95.00% No max RESI Mortgage Corp Complete 3 year Fixed Nil Both 95.00% 4,000, State Custodians Standard 3 year Fixed /a Both 80.00% 2,500, Virgin Money 3 year Fixed Nil Both 95.00% 2,000, Wizard Home s 3 year Fixed Nil Both % 1,000, Rates are correct as at 19th March 2008 RESIDENTIAL 3 YEAR FIXED: Page 3 of 3

23 5 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Credit Union Australia 5 Year Fixed Nil Both 97.00% No max HomePath 5 year Fixed Nil Both 97% No max Members Equity Bank Super Member 5yr Fixed 8.99 Nil Nil Both 95% No max nab Standard HL 5yr Fixed /m P+I 100% No max Newcastle Permanent 5 year Fixed Nil Both 100% No max one direct home loans 5 year fixed Nil Both 95.00% No max Sapphire Mortgage Servic Plus 5yr Fixed Nil Both % No max "exceptional value" Adelaide Bank 5 Year Fixed /m Both % No max Austral Mortgage Advantage Plus 5yr Fixed Nil Both 95.00% 5,000, Bendigo Bank 5 Year Fixed /m Both 97.00% No max Commonwealth Bank 5 Year Fixed /m Both 97.00% No max Hume Building Society 5 year Fixed Nil P+I 100% 2,000, Illawarra CU NSW 5 year Fixed Nil Both 95.00% No max Members Equity Bank 5 year Fixed 9.14 Nil Nil Both 95% No max nab Tailored HL 5yr Fixed IO /m IO 100% No max Police Credit 5 year Fixed 8.64 Nil Nil Both 95% No max Unicom Credit Union 5 year Fixed Nil Both 95.00% No max "strong value" A M O Group 5 Year Fixed Nil Both 100% 2,000, Adelaide Bank-exl SA/NT Smartsuite 5yr Fixed /m Both % No max ANZ Bank 5 Year Fixed /m Both 95.00% No max Arab Bank Australia 5 year Fixed /m Both 95.00% No max Australian Central CU 5 Year Fixed Nil Both % No max BankWest 5 Year Fixed /m Both 95% No max Better Choice Home s 5 year Fixed Nil Both % No max CHS Home s 5 year Fixed /m P+I 97% No max Colonial 5 Year Fixed /m Both 97% No max Community CPS Australia 5 Year Fixed Nil Both 95.00% 2,000, Heritage Building Soc 5 Year Fixed /m Both 95.00% No max HomeSide Lending 5 Year Fixed /m P+I 95.00% No max Homestar Finance 5yr Fixed Nil Both 95.00% 2,000, HSBC 5 Year Fixed Nil Both 97.00% 7,500, IMB Limited 5 Year Fixed Nil Both % No max ING Direct 5 Year Fixed Nil Both 100% 2,000, Rates are correct as at 19th March 2008 RESIDENTIAL 5 YEAR FIXED: Page 1 of 3

24 5 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" Lifeplan Funds Managemnt 5 Year Fixed Nil P+I % 600, Lifeplan Funds Managemnt FlexiSmart 5 year Fixed Nil P+I % 600, Meridian Money Lifestyle Flexi-Fxd 5yr Nationwide Mortgage Corp 5 Year Fixed Nil Both 90.00% 4,000, Pacific Mortgage Corp 5 Year Fixed Nil Both 95.00% No max Qld Police Credit Union 5 year Fixed Nil P+I 100% No max Savings & s CU SA 5 year Fixed Nil Both % No max St George Bank 5 year Fixed /m Both 95.00% No max SUNCORP 5 Year Fixed /m Both 100% No max Westpac 5 Year Fixed /m Both % No max Yes Home s 5 year Fixed Nil Both 97% 2,500, "average value" Aussie Home s 5 Year Fixed Nil Both 95% No max Bank of Queensland 5 Year Fixed /m Both % No max Community CPS Australia Parent H 5yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union 5 year Fixed Nil P+I 95.00% No max HBF Financial Services 5yr Fixed Nil Both % No max HomeSide Lending HomePlus 5yr Fixed /m Both 95.00% No max Horizon Credit Union Horizon 5 year Fixed Nil Both 95.00% No max Maxis s 5 Year Fixed 9.14 Nil Nil P+I 95% No max MyRate 5 year Fixed 8.75 Nil Nil Both 95% 2,000, Police CU SA 5 year Fixed Nil P+I 100% No max RESI Mortgage Corp Complete 5 year Fixed Nil Both 95.00% 4,000, SERVICE ONE Members Ba 5 Year Fixed /m Both 97% 1,300, SGE Credit Union Flexible Opt 5yr Fixed Nil Both 90% 2,000, SGE Credit Union 5yr Fixed Nil Both 95% 2,000, University Credit Soc 5 Year Fixed Nil Both 95% No max Virgin Money 5 year Fixed Nil Both 95.00% 2,000, "satisfactory value" AIMS Home s 5 year Fixed Nil Both 95.00% 2,000, Alliance One CreditUnion Your Choice 5 year Fixed Nil P+I % 400, AMP Banking 5 Year Fixed 8.89 Nil 349/a Both % 2,500, AMP Banking Select 5 year Fixed /a Both % 2,500, Bananacoast Community CU 5 year Fixed Nil Both % 7,000, Citibank 5 year Fixed /m Both % 4,000, Rates are correct as at 19th March 2008 RESIDENTIAL 5 YEAR FIXED: Page 2 of 3

25 5 YEAR FIXED RATE HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" Greater Building Society 49-60mth Fixed 8.99 Nil Nil P+I 95.00% No max Home Building Society 5 Year Fixed /m Both 90.00% No max Homeloans Balanced Secure 5 yr Fxd Nil Both 97.00% No max Meridian Money Lifestyle Fixed 5yr RAMS Saver 5yr Fixed Nil Both 100% 2,000, Resident Home s 5 year Fixed Nil Both 95% No max State Custodians Standard 5 year Fixed /a Both 80.00% 2,500, Wizard Home s 5 year Fixed Nil Both % 1,000, Rates are correct as at 19th March 2008 RESIDENTIAL 5 YEAR FIXED: Page 3 of 3

26 REVOLVING LINE OF CREDIT Mandatory Necessary Capitalisatio n Max Review Period "superior value" ANZ Bank Prof Equity Mng /a 90.00% No max Semi-Annual ANZ Bank Breakfree EqtyMng 8.77 Nil 340/a 90.00% No max Semi-Annual Commonwealth Bank CBA Portfolio /a 80.00% No max Annual Gateway Credit Union EquitiSmart Home Nil 80.00% No max Annual Intech Credit Union Mortgage Master Nil 80% 750, Annual nab Portfolio Facility 8.84 Nil 550/a 90% 499, Annual Select Credit Union Super Equity Access Nil 95% No max Annual Yes Home s Equity Access Nil 97% 2,500, Annual "exceptional value" ANZ Bank Equity Manager /a 90.00% No max Semi-Annual Awesome Mortgages Pro Pack /a 95% 2,000, N/A Awesome Mortgages Line of Credit Nil 90% 1,000, N/A Bank of Queensland Line of Credit Pkg /a 90.00% No max Annual Colonial Mort Adv Pkg /a 90.00% 349, Annual Commonwealth Bank Equity Wealth Vir Pkg Nil 90.00% 499, Annual Commonwealth Bank Equity Wealth Res Pkg Nil 90.00% 499, Annual Newcastle Permanent PremiumPlus Pkg LOC 8.69 Nil 250/a 90.00% 499, Annual "strong value" Adelaide Bank HomeBuyer Power Exec Pkg /a % No max N/A API Home s Line of Credit Nil 90.00% 2,500, N/A Arab Bank Australia Line of Credit /a 90.00% 500, N/A Bank of Queensland Line of Credit /m 90.00% No max Annual BankSA Portfolio Workplace Pkg /m 90.00% No max N/A CHS Home s Residential Equity /m 90.00% No max Annual Colonial MortAdv Pkg Ref /a 90% 349, Annual Colonial MortAdv PlusRef /a 90% 349, Annual Colonial Residential Equity /m 90.00% No max Annual Colonial Mort Adv Plus /a 90.00% 349, Annual Colonial CALIA Nil 80.00% No max N/A Colonial Viridian LOC QuartRetail /m 90% No max Annual Commonwealth Bank Viridian LOC QuartRetail /m 90.00% No max Annual Commonwealth Bank Residential Equity /m 90.00% No max Annual Community CPS Australia All-in-One Account Nil 90.00% 2,000, Annual Companion CU Line Of Credit /m 90.00% No max Annual Defence Force CU Smart Mover 8.39 Nil 300/a 80.00% No max N/A Rates are correct as at 19th March 2008 REVOLVING LINE OF CREDIT: Page 1 of 4

27 REVOLVING LINE OF CREDIT Mandatory Necessary Capitalisatio n Max Review Period "strong value" Electronic E Home LOC 8.09 Nil Nil 97.00% 3,000, HSBC Power Vantage Hme Pkge /m 80.00% 1,000, Annual IMB Limited EquityLine Profes Nil % 299, N/A Ironbark Mort Solutions FeeFree LOC 8.85 Nil Nil 90% 750, Ironbark Mort Solutions FastDoc LOC /a 90% 750, N/A Ironbark Mort Solutions Standard LOC Nil 100% 750, N/A Australia Corp Line of Credit Nil 90% No max m Macquarie Bank Select LOC & Combo 8.77 Nil 20/m 95.00% No max Meridian Money Home Equity Mortgage Ezy Niva Line of Credit /q 90.00% 2,000, N/A Mortgage House of Aust Professional Plus Nil 100% 2,000, N/A nab National Flexi Plus /a 90% No max Annual nab Choice Pkg Flexi Plus 9.27 Nil 375/a 90% No max nab Home Equity LOC /m 90% No max Annual Newcastle Permanent Real Equity 9.29 Nil 5/m 90.00% No max Savings & s CU SA Latitude Plus /m 90.00% No max Annual St George Bank Port Advantage Pkg Nil 90.00% No max N/A State Custodians Line of Credit /a 83.00% 1,000, N/A State Custodians Breathe Easy Home /a 80.00% 2,500, N/A SUNCORP MMger Asset Lne 8.82 Nil 25/m 90% 250, University Credit Soc Equity Access Nil 80% No max Annual Westpac Equity Advant Pkg 8.72 Nil 395/a 92.00% No max Wizard Home s Wealth Power Nil 90.00% 750, N/A "rising star" HomeSide Lending Peak Perform Disc /s 90% No max Annual "average value" A M O Group Professional All in One Nil 90% 2,000, N/A Adelaide Bank HomeBuyer Power /a % No max N/A Aussie Home s Line Of Credit /a 90% 349, N/A Austral Credit Union Standard Line of Credit Nil 90.00% 2,500, N/A BankSA Portfolio /m 90.00% No max N/A Better Choice Home s Balanced Home Line /a 95% No max N/A Citibank MortPlus/Power /a 90.00% 299, N/A Collins Home s Professional All in One Nil 90.00% 2,000, N/A Collins Home s Equityline II Nil 90.00% 2,000, N/A N/A N/A N/A Annual Annual N/A N/A Rates are correct as at 19th March 2008 REVOLVING LINE OF CREDIT: Page 2 of 4

28 REVOLVING LINE OF CREDIT Mandatory Necessary Capitalisatio n Max Review Period "average value" Credit Union Australia Mortgage Freedom Nil 97.00% 1,000, N/A Greater Building Society Constant Credit Equity 9.30 Nil 3/m 90.00% No max Annual Home Building Society Equity Line /s 90.00% No max N/A Homestar Finance All in One Nil 90.00% 2,000, Annual HSBC Home Equity Nil 80.00% 1,000, Annual ING Direct Smart Home /a 90% 2,000, N/A ING Direct Action Equity Nil 90% 2,000, N/A Ironbark Mort Solutions Premium LOC /a 100% 750, N/A MyRate All-in-One 8.65 Nil Nil 95% 2,000, N/A Qantas Staff CU Access Nil 80.00% 3,000, N/A Railways Credit Union Tilt All-in-One Mort O/D Nil 88% No max Annual Railways Credit Union Tilt Investment Mort O/D Nil 88% No max Annual RAMS Line of Credit Pro Pack /a 90% 1,000, N/A RESI Mortgage Corp Line of Credit Nil 90.00% 4,000, N/A Savings & s CU SA Latitude Nil 90.00% No max Annual SERVICE ONE Members Ba HomePlus /m 80% 1,300, Annual St George Bank Portfolio /m 90.00% No max N/A SUNCORP Asset Line /m 90% No max N/A TAFE & Community CU Mortgage Overdraft Nil 95% No max Annual Warwick Credit Union LifeStyle Eqty /m 95.00% No max Annual "satisfactory value" AMP Banking Select T2 LOC /a 95.00% 2,000, Annual AMP Banking Prof Pack LOC /a 95.00% 749, Annual Austral Mortgage Design a Nil 97.00% 750, N/A Australian Central CU Line of Credit /m 90% No max Annual BankWest Equity Access 8.88 Nil 325/a 90% No max Annual Bendigo Bank Bendigo Home Equity /m 90.00% No max N/A BMC Mortgage Origin Full Doc Nil 97.00% 2,000, N/A Citibank Mortgage Power LOC /m 90.00% 1,000, N/A Encompass Credit Union Mortgage Plus Nil 90.00% No max Annual FCCS Credit Union Premium Line of Credit 8.40 Nil 395/a 95% 2,500, Annual FCCS Credit Union Equity Line of Credit Nil 95% 2,500, Annual FCCS Credit Union Standard Line of Credit 8.55 Nil Nil 95% 2,500, Annual Fire Services CU Mortgage FlexiCredit Nil 80.00% No max Annual HBF Financial Services Line of Credit Nil 90.00% No max Annual Rates are correct as at 19th March 2008 REVOLVING LINE OF CREDIT: Page 3 of 4

29 REVOLVING LINE OF CREDIT Mandatory Necessary Capitalisatio n Max Review Period "satisfactory value" Heritage Building Soc Living Equity /m 85.00% 500, Annual Heritage Building Soc Professional Pack Equity 8.65 Nil 250/a 85.00% No max Annual IMB Limited Equity Line Advantage Nil 90.00% No max Annual Maritime Workers CU Tide you Over HomeEquity Nil 70% No max N/A Maroondah Credit Union Line of Credit Nil 95% 600, Annual Nationwide Mortgage Corp Line Of Credit Nil 90.00% 2,000, N/A Pacific Mortgage Corp Gold Access Account Nil 95.00% No max N/A Police & Nurses Credit Equity Access Account /m 90.00% No max Annual Police CU SA Equity Plus Home Saver Nil 90% 500, Annual Powerstate Credit Union Flexi Power Nil 90.00% No max N/A QuickDirect Online Mort All in One Home 9.04 Nil Nil 97.00% No max N/A Rate Busters Line of Credit Nil 95.00% 2,000, N/A Satisfac Credit Union Home EquityOptions Nil 80% 1,250, Annual Sutherland Credit Union All Purpose /m 95% 750, Annual United Credit Union Premium Home Equity Line /a 85% No max Annual Victoria Teachers CU Revolving Line of Credit /a 90.00% No max N/A Victoria Teachers CU Reducing Line of Credit Nil 95.00% No max N/A Westpac Equity Access /m 92.00% No max N/A Rates are correct as at 19th March 2008 REVOLVING LINE OF CREDIT: Page 4 of 4

30 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilay "superior value" ilitanz Bank Investment Variable (ANZ@work Invt Pkg <$700k) Nil Both 95.00% ANZ Bank Investment Variable (Invt Prof Pkg $ k) Nil Both 95.00% ANZ Bank Investment Variable (InvBreakfree Pkg k) 8.67 Nil 340/a Both 95.00% Awesome Mortgages Homeloan Std Var Inv Nil Both 95% Awesome Mortgages Prime Investment Nil Both 95% Colonial Investment Variable (Inv MortAdv Pkg250k-349k) /a Both 97% Commonwealth Bank Investment Variable (Invt Wealth Pkg Tier2) /a Both 97.00% Gateway Credit Union Investment Variable Nil Both 80.00% Homestar Finance Invt Standard Variable Nil Both 97.00% Homestar Finance Invt Intro 1yr Construct Nil IO 95.00% Australia Corp Flexi-Plus Invt Var Nil Both 95% mecu Invt Premium $250k Nil P+I 100% Money Saver Home s Inv Premium Saver StdVar /a Both 100% nab Invt Standard Home V (Inv ChoicePkg Tailored 8.77 Nil 375/a Both 100% Newcastle Permanent Invt Premium Variable (Invt Premium Plus Pkg) 8.61 Nil 250/a Both 100% No min Newcastle Permanent Invt Real Deal Home Ln Nil Both 100% Qantas Staff CU Invt Step Ahead <$500K 8.50 Nil Nil IO 95.00% Sapphire Mortgage Servic Inv Plus Variable >150k Nil Both 100% Savings & s CU SA Inv DiscountVariable> /m Both % Select Credit Union Super Investment Nil Both 95% State Custodians Invt Standard Variable /a Both 80.00% Virgin Money Invt Standard Var <$750k Nil Both 95.00% No min Westpac Variable Invt PropertyLn (Invt RocketAdvPkg>$250k) 8.57 Nil 395/a Both % "exceptional value" ANZ Bank Special Inv Money Saver /m Both 95.00% Arab Bank Australia Invt Basic Home /m P+I 95.00% Bank of Queensland Investment Variable (Invt Var Pkg >$250k) /a Both % Bankstown City CU Property Manager 8.59 Nil Nil Both 97.00% BankWest Investment LitePlus>250k 8.68 Nil 360/a Both 95% Credit Union Australia Invesment Disc Home Nil Both 97.00% Dnister Ukrainian Credit Invt Premier Variable Nil P+I 95.00% Heritage Building Soc Investment Variable (Invt Professional Pkg) 8.55 Nil 250/a Both 95.00% Heritage Building Soc Basic Variable Invt Nil P+I 95.00% HomePath Investment Var Home Nil Both 97% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 1 of 8

31 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilay "exceptional value" ilithume Building Society Invt Saver Nil Both 95% IMB Limited Investment Variable (Invt Prof Var ) Nil Both % Laiki Bank Inv Options Plus Home Ln /m Both 80% Meridian Money Invt Premier Plus 7.95 N/A N/A Both 95.00% nab Invt Base Var Rate Disc Nil Both 95% Qantas Staff CU Investment Plus Var Nil P+I 80.00% No min QuickDirect Online Mort Invt Variable 8.44 Nil Nil Both 97.00% RESI Mortgage Corp Invt SwitchnSave Intro Nil Both % St George Bank Investment Variable (Inv AdvantagePkg >250k) /a Both 95.00% State Custodians Invt Breathe Easy H/L /a Both % Westpac Rocket Investment (Invt Advantage Pkg>$250k 8.57 Nil 395/a Both % Yes Home s Invt Basic Home /a Both 80% Yes Home s Investment Credit Access Nil Both 97% "strong value" A M O Group Invt Gold Home Var Nil Both 100% Adelaide Bank-exl SA/NT SmartFit Variable Invt /m Both % AMP Banking Invt Select T2 Variable /a Both % AMP Banking Inv Pro Pkg Int250k-749k 8.02 Nil 349/a Both % AMP Banking Invt Classic Variable (Inv Pro Pk Var $ k) 8.67 Nil 349/a Both % AMP Banking Invt Basic Variable 8.57 Nil Nil Both % API Home s Investment Variable Nil Both 97.00% Austral Credit Union Invt Standard Variable Nil Both 97.00% Austral Mortgage Inv Advantage Plus >250k Nil Both 95.00% Austral Mortgage InvtHomebuyer100%Off> Nil Both % Bananacoast Community CU Invt Premier Variable Nil Both 95.00% Bank of Cyprus Australia Essential Home Invt /m Both 95% Bank of Queensland Invt Economy Home /m Both % No min BankWest Invt Lite Home Nil Both 95% BMC Mortgage Invt Standard Variable Nil Both 97.00% BMC Mortgage Invt Premium Choice Var Nil Both 97.00% Capricornia CU Premier Plus Invest Nil Both 95.00% No min Circle Credit Co-op Rate Plus Nil Both 95.00% Citibank Invest Basic Variable Nil Both % Collins Home s Inv Multioption Nil Both 95.00% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 2 of 8

32 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilaility "strong value" Colonial Investment Variable (Inv MortAdvPlus250k-349k) /a Both 97% Community CPS Australia Invt Basic Home Var /m P+I % Community First CU True Basic Home Inv Nil P+I 95% Companion CU Investment LifestylePlus 9.12 Nil Nil Both 95.00% Companion CU Investment Home Nil Both 95.00% Credit Union Australia Invt Intro 3yr Variable Nil Both 97.00% No min Credit Union Australia Invt Basic Variable>250k Nil Both 97.00% Credit Union Australia Investment Variable Nil Both 97.00% No min Easy Street Fin Services Inv EasyStreet Basic Var Nil P+I 95% Electronic Inv E Rate Saver Nil Both 95.00% FCCS Credit Union Invt Discount Home>$250K Nil Both 95% Fire Services CU Investment Variable Nil Both 80.00% Homeloans Smart Saver Investment Nil Both % Homeloans Balanced Securitised Nil Both % HomeSide Lending Invt Reducible Mortgage (Invt HomePlus Pkg >250) /m Both 95.00% Hume Building Society Investment Variable Nil Both 95% No min IMB Limited Invt Budget /m Both % IMB Limited Invt Budget Blue Nil Both % ING Direct Invt Mortgage Simplifier Nil Both 97% Australia Corp Discount Saver Invt Var /m Both 95% Locumsgroup Invt Fully Optioned Nil Both % Macquarie Bank Invt Select Classic>250k 8.77 Nil 20/m Both 95.00% Maritime Workers CU Investment Variable Nil IO 95% mecu Invt Basic Variable Nil P+I 100% Members Equity Bank Invt Std Var SuperMember 8.44 Nil Nil Both 95% Members Equity Bank Inv Ultimate SuperMember 8.74 Nil Nil P+I 95% Meridian Money Invt Premier Pro Pack /a Both 95.00% Meridian Money Invt Premier Var Nil Both 95.00% Meridian Money Investment AAA Nil Both 90.00% Mortgage Ezy Inv Discount Var ProfPkg /q Both % Mortgage House of Aust Invt Freedom Home Nil Both 95% Mortgage House of Aust Invt Intro Thrifty Acc Nil Both 95% MyRate Inv Advantage Variable 8.03 Nil Nil Both 95% mystate Financial Invt Alternative Home Ln Nil P+I 97.00% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 3 of 8

33 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilaility "strong value" nab Invt 3yr Intro Var /m P+I 95% Newcastle Permanent Investment Real Options Nil Both 100% No min Newcastle Permanent Invt 1yr Discount Rate Nil Both 100% No min NSW Teachers CU Investment Basic Opt Nil P+I 95% NSW Teachers CU Investment Flexi Choice Nil P+I 95% one direct home loans Variable Investment Nil Both 95.00% Orange Credit Union Real Estate Investment Nil Both 97% No min Pacific Mortgage Corp Invt Premium Access Nil Both 95.00% Pacific Mortgage Corp Inv 12mth Var Discount Nil Both 95.00% Police Credit Invt Base Rate Variable Nil P+I 95% Police CU SA Invt Discount Variable /m P+I 100% Qantas Staff CU Invt Plus Honeymoon 1yr Nil P+I 80.00% No min Qantas Staff CU Invt Options Var IO Nil IO 80.00% No min Qantas Staff CU Investment Essentials Nil P+I 80.00% No min Qld Professional CU Invt Friendly Home /m Both 90.00% No min RAMS Invt Saver Var Nil Both 100% Rate Busters Inv Variable Nil Both 95.00% RESI Mortgage Corp Invt Complete Home Nil Both 95.00% RTA Staff CU Investmnt Fastroad Basic Nil P+I 95% SUNCORP Invt Back to Basics Nil Both 100% Sutherland Credit Union Investment Home Plus Nil P+I 95% TIO Banking Investment Variable (Inv ExtraMiles >$250k) /a Both 95.00% University Credit Soc Investment Variable Nil Both 95% No min Wizard Home s Invt Smart Choice (Invt VIP Advantage <500K) /a Both % Wizard Home s Investment Clear Value Nil Both % Yes Home s Invt Discount Access 1yr "rising star" Money Saver Home s Investment Money Saver Nil Both 95.00% Rate Busters Inv FastTrak Nil Both % "average value" Adelaide Bank Investment Variable (Invt Variable Exec Pkg) /m Both % ANZ Bank Investment Variable Nil Both 95.00% Aussie Home s Invt Premium Plus<$350k /q Both 95% Aussie Home s Investment Basic Var Nil Both 95% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 4 of 8

34 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilay "average value" ilitaustral Credit Union Invt Premium Variable /a Both 97.00% Austral Credit Union Invt Basic Home Var Nil Both 97.00% Australian Central CU Invt Discount Variable /m P+I 100% BankSA Investment Variable (Investment Workplace Pkg) /m Both 95.00% BankWest Invt MortShredder 1y Var Nil Both 95% Better Choice Home s Invt Balanced Variable Nil Both 95% BMC Mortgage Invt Challenger Variable Nil Both 95.00% CHS Home s Invt 3yr Spec Rate Saver /m Both 97% Citibank Mort Plus Off Inv <300K /a Both 95.00% Citibank Invest Standard Variable (Mortgage Plus Inv <$300K /a Both % Collins Home s Investment EasiSaverII /a Both 95.00% Colonial Invt 3yr Spec Rate Saver Nil Both 97% Colonial Invt 12mth Discount Var /m Both 97% Commonwealth Bank Invt Economiser 3y Intro /m P+I 97.00% Commonwealth Bank Invt 12mth Discount Var /m Both 97.00% Commonwealth Bank Investment Variable /m Both 97.00% Electronic Inv E Low Start Home Ln Nil Both 97.00% FCCS Credit Union Invt Premium Var >$250K 8.19 Nil 395/a Both 95% FCCS Credit Union Investment Variable>$ Nil Nil Both 95% HBF Financial Services Investment Variable Nil Both % No min Heritage Building Soc Investment Premium Var Nil Both 95.00% Heritage Building Soc Investment Variable /m Both 95.00% HomeSide Lending Plain and Simple Int Nil Both 95.00% HomeSide Lending Inv Plain and Simple P+I Nil Both 95.00% HSBC Home Value Investment Nil Both 95.00% Illawarra CU NSW Basic Home Invest /m P+I 95.00% Macquarie Bank Invt Select Basic >$250K Nil Both 95.00% mecu Investment Premium Nil Both 95% Members Equity Bank Invt 8.69 Nil Nil Both 95% Members Equity Bank Investment Std Variable 8.69 Nil Nil Both 95% Members Equity Bank Invt Ultimate Offset 8.74 Nil Nil P+I 95% Meridian Money Invt AAA Pro Pack /a Both 90.00% Mortgage House of Aust Invt Home Plus Var Nil Both 95% Mortgage House of Aust Invt Thrifty Access Nil Both 95% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 5 of 8

35 oanportabedrawfac00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilay "average value" ilitnab Invt 12mth Intro Var /m P+I 95% nab Invt Standard Home V /m Both 100% Nationwide Mortgage Corp Invt FirstChoice Home Ln Nil Both 90.00% Nationwide Mortgage Corp Invt FirstChoice Home Ln (Invt ProPack FirstChoice) /a Both 90.00% Newcastle Permanent Invt Premium Variable 9.31 Nil 7/m Both 100% No min NSW Teachers CU Investment Variable IO Nil IO 95% Police & Nurses Credit Invt Easypay Variable /m Both % Powerstate Credit Union Investment Variable Nil Both 90.00% RAMS Invt Basic Var Nil Both 100% RAMS Invt EasyStart 4yr Intro /a Both 100% Rate Busters Inv Fee Buster Nil Both 95.00% Satisfac Credit Union Investment First Home Ln Nil P+I 90% Satisfac Credit Union Invt Smart <150K (Invt Smart <1250M) Nil P+I 90% SERVICE ONE Members Bank Investment Basic Var /m Both 97% SGE Credit Union Invt Investment 1yIntVar Nil P+I 95% SGE Credit Union Invt Premium Invest Var Nil P+I 97% St George Bank Invt Negotiated Basic HL Nil Both 95.00% SUNCORP Investment Variable (Invt MMger Var $ k) 8.82 Nil 25/m Both 100% United Credit Union Invt Classic Home /m Both 95% No min Victoria Teachers CU Invt Basic Home Nil P+I 95.00% No min Warwick Credit Union Invt Premium Home /m Both 95.00% Warwick Credit Union Invt Essential Home Ln /m Both 95.00% Westpac Rocket Investment /a Both % Westpac Variable Invt PropertyLn /m Both % "satisfactory value" ABS Building Society Inv Var- New Customers Nil Both 95.00% No min Adelaide Bank Investment Variable /m Both % Adelaide Bank Investment Greatsaver Nil P+I % Arab Bank Australia Invt Standard Variable Nil Both 95.00% Arab Bank Australia Invt HeadStart Int 12mth /m P+I 95.00% Assured Home s Invt RateBreaker Var Nil Both 95.00% Aussie Home s Invt Standard Variable Nil Both 95% Austral Mortgage Invt Design a Var Nil Both 95.00% Austral Mortgage Invt Investor Advantage /a Both 97.00% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 6 of 8

36 oanportabedrawfacy00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilailit "satisfactory value" B & E Inv TopLine DiscVar > Nil P+I 95.00% Bank of Queensland Investment Variable /m Both % No min BankSA Invt Essential Home /m Both 95.00% BankSA Invt Disc Great Start /m Both 95.00% BankSA Investment Variable /m Both 95.00% BankWest Invt Mortgage Shredder Nil Both 95% Bendigo Bank Invt Bendigo HomeLn Pkg /m Both 90.00% No min Better Choice Home s Investment Homelend Plus Nil Both 90% Capricornia CU Investment Variable Nil Both 95.00% No min CHS Home s Invt RateSaver Home /m Both 97% Colonial Investment Variable /m Both 97% Colonial Invt Rate Saver Int /m IO 97% Colonial Invt Rate Saver HL P&I /m P+I 97% Commonwealth Bank Invt Economiser HL P&I /m P+I 97.00% Community CPS Australia Investment Variable Nil Both 95.00% Community CPS Australia Invt Parent Variable Nil Both 95.00% Community First CU Invt True Value Var HL Nil Both 95% Defence Force CU Investment Variable 8.64 Nil 10/m Both 90.00% Defence Force CU Invt First Plus Variable 8.64 Nil Nil P+I 95.00% Defence Force CU Invt TrueValue Home Nil P+I 95.00% Family First CU Investment Variable Nil P+I 90% GE Money Invt FlexibleOption > Nil 295/a Both 100% Holiday Coast CU Inv Easy Basic Variable Nil P+I 95.00% Holiday Coast CU Inv Mortgage Plus Std Nil P+I 95.00% Home Building Society Invt No Frills Home Nil P+I 95.00% Homeloans Investment Easy Saver Nil Both 95.00% Horizon Credit Union Invt Basic Home /m Both 95.00% HSBC Investment Variable (Invt Power Vantage Pkg) /m Both 95.00% HSBC Investment Home Smart (Invt HomeSmart Power Pkg /m P+I 80.00% HSBC Invt 1 Yr Disc Variable /m Both 97.00% HSBC Investment Variable Nil Both 95.00% Hunter Mutual Invt Basic Home Var Nil P+I 95% IMB Limited Invt Discount Var 1 year Nil Both % Intech Credit Union Investment Nil IO 95% Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 7 of 8

37 oanportabedrawfacy00%offseta/cavabmortgage star ratings 1 Split Min $250k RATE INVESTMENT HOME LOAN Principal+ LVR RLFacility, levariable lemax ilailit "satisfactory value" La Trobe Country Credit Invt Securitised Nil P+I 90% Lifeplan Funds Managemnt Investment FlexiSmart Nil P+I 97.00% Macquarie Credit Union Investment Property Var 8.90 Nil Nil Both 95.00% Maitland Mutual BS Invt Mutual Home Nil Both 100% Maroondah Credit Union Investment No Frills Bas Nil Both 95% Maxis s Invt 8.69 Nil Nil IO 95% Maxis s Invt Money Manager Off 8.99 Nil Nil P+I 95% Memberfirst Credit Union Investment Variable Nil P+I 95% No min Memberfirst Credit Union Inv Premium Var 100% Off Nil P+I 95% Pacific Mortgage Corp Inv 6 mth Var Discount Nil Both 95.00% Police Credit Investment Variable Nil Both 95% Police Credit Investment Intro Var Nil P+I 95% Police CU NSW Investment Variable Nil Both 90.00% Qld Police Credit Union Basic Home Invest Nil P+I 95% Qld Police Credit Union Invt Select Home (Invt Select H/L <$350k) Nil Both 97% Qld Professional CU Investment Variable Nil Both 90.00% No min RAMS Investment SmartWay Nil Both 100% RAMS Rams Investor /a IO 100% Resident Home s Invt Resident Home Nil Both 95% Resident Home s Investment ProPack Var /a Both 95% Satisfac Credit Union Investment Integris<750K Nil P+I 90% SERVICE ONE Members Bank Investment Variable /m Both 97% SGE Credit Union Invt Fstchoice 1y IntVar Nil P+I 97% St George Bank Investment Variable /m Both 95.00% St George Bank Inv Discount Var Rate /m Both 95.00% SUNCORP Investment Variable /m Both 100% Unicom Credit Union Basic Home Invest /m P+I 95.00% Warwick Credit Union Invt Classic Home Nil Both 95.00% Westpac Invt First Option HL /m P+I 97.00% Wizard Home s Invt Smart Choice Nil Both % Rates are correct as at 19th March 2008 INVESTMENT VARIABLE HOME LOAN: Page 8 of 8

38 1 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Community First CU Invt True 1 year Fixed Nil P+I 100% No max Lifeplan Funds Managemnt Invt FlexiSmart 1yr Fxd Nil P+I 97.00% 600, Memberfirst Credit Union Investment 1 year Fixed Nil P+I 95% No max Newcastle Permanent Investment 1 year Fixed Nil Both 100% No max NSW Teachers CU Invt Option 1 year Fixed Nil P+I 95% No max Powerstate Credit Union Investment 1 year Fixed Nil P+I 97.00% No max Qantas Staff CU Invt Options 1yr Fxd IO Nil IO 80.00% 3,000, RTA Staff CU Investment 1 year Fixed Nil P+I 95% No max "exceptional value" Credit Union Australia Investment 1 year Fixed Nil Both 97.00% No max Gateway Credit Union Investment 1 year Fixed Nil Both 80.00% No max Illawarra CU NSW Investment 1 year Fixed /m Both 95.00% No max Lifeplan Funds Managemnt Investment 1 year Fixed Nil Both 97.00% 600, Members Equity Bank Invt SuperMember 1yr Fxd 8.99 Nil Nil Both 95% No max NSW Teachers CU Invt IO 1 year Fixed Nil IO 95% No max one direct home loans 1 year Fixed Investment Nil Both 95.00% No max Police Credit Investment 1 year Fixed 8.64 Nil Nil Both 95% No max Sapphire Mortgage Servic Inv Plus 1yr Fixed Nil Both 100% No max "strong value" Adelaide Bank Investment 1 year Fixed /m Both % No max ANZ Bank Investment 1 year Fixed /m Both 95.00% No max Austral Mortgage Inv AdvantagePlus 1y Fxd Nil Both 95.00% 5,000, Homestar Finance Investment 1yr Fixed Nil Both 95.00% 2,000, Horizon Credit Union Invt Horizon 1yr Fixed Nil Both 95.00% No max Hume Building Society Investment 1 year Fixed Nil Both 95% 2,000, Members Equity Bank Investment 1 year Fixed 9.14 Nil Nil Both 95% No max nab Invt Standard HL 1yr Fxd /m P+I 100% No max SGE Credit Union Invt Flexible Opt 1y Fxd Nil Both 90% 2,000, SGE Credit Union Invt Investment 1yr Fxd Nil Both 97% 2,000, Unicom Credit Union Investment 1 year Fixed /m Both 95.00% No max "average value" Arab Bank Australia Investment 1 year Fixed /m Both 95.00% No max Aussie Home s Investment 1 year Fixed Nil Both 95% No max Australian Central CU Investment 1 year Fixed /m Both 100% No max Bank of Queensland Investment 1 year Fixed /m Both % No max Rates are correct as at 19th March 2008 INVESTMENT 1 YEAR FIXED: Page 1 of 3

39 1 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "average value" BankSA Investment 1 year Fixed /m Both 95.00% No max BankWest Investment 1 year Fixed /m Both 95% No max Bendigo Bank Investment 1 year Fixed /m Both 90.00% No max CHS Home s Investment 1 year Fixed /m P+I 97% No max Coastline Credit Union Investment 1 year Fixed Nil P+I 90.00% No max Colonial Investment 1 year Fixed /m Both 97% No max Commonwealth Bank Investment 1 year Fixed /m Both 97.00% No max Community CPS Australia Investment 1 year Fixed Nil Both 95.00% 2,000, Heritage Building Soc Investment 1 year Fixed /m Both 95.00% No max HSBC Investment 1 year Fixed Nil Both 97.00% 7,500, IMB Limited Investment 1 year Fixed Nil Both % No max ING Direct Investment 1 year Fixed Nil Both 97% 2,000, Maxis s Investment 1 year Fixed 9.14 Nil Nil Both 95% No max mecu Investment 1 year Fixed Nil P+I 95% 750, mystate Financial Investment 1 year Fixed Nil P+I 97.00% 1,000, nab Invt Tailored 1yr Fxd IO /m IO 100% No max St George Bank Investment 1 year Fixed /m Both 95.00% No max SUNCORP Investment 1 year Fixed /m Both 100% No max University Credit Soc Investment 1 year Fixed Nil Both 95% No max Victoria Teachers CU Invt Standand 1yr Fixed Nil Both 95.00% No max "satisfactory value" ABS Building Society Investment 1 year Fixed Nil Both 95.00% No max Alliance One CreditUnion Invt Your Choice 1yr Fxd Nil P+I 90.00% 400, AMP Banking Invt Select 1 year Fixed /a Both % 2,500, AMP Banking Investment 1 year Fixed 8.99 Nil 349/a Both % 2,500, B & E Investment 1 year Fixed /m P+I 95.00% No max B & E Invt Discounted 1yr Fxd /m P+I 95.00% No max Bananacoast Community CU Investment 1 year Fixed Nil Both 95.00% 7,000, Better Choice Home s Investment 1 year Fixed Nil Both 95.00% No max Citibank Investment 1 year Fixed /m Both % 4,000, Community CPS Australia Invt Parent HL 1yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union Investment 1 year Fixed Nil P+I 95.00% No max HBF Financial Services Investment 1yr Fixed Nil Both % No max Holiday Coast CU Inv Fixed n Easy 1yr Fxd 8.80 Nil Nil P+I 95.00% No max Home Building Society Invt 1 Year Fixed /m Both 90.00% No max Rates are correct as at 19th March 2008 INVESTMENT 1 YEAR FIXED: Page 2 of 3

40 1 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" HomeSide Lending Inv HomePlus 1yrFxd /m Both 95.00% No max HomeSide Lending Investment 1 year Fixed /m P+I 95.00% No max Maitland Mutual BS Invt Premium 1yr Fixed Nil Both 100% No max MyRate Investment 1 year Fixed 8.75 Nil Nil Both 95% 2,000, Nationwide Mortgage Corp Investment 1 year Fixed Nil Both 90.00% 4,000, Police CU SA Investment 1 year Fixed Nil Both 100% No max Qld Teachers CU Investment 1 year Fixed Nil Both % No max United Credit Union Invt Access Plus 1yr Fxd /m P+I 95% No max Rates are correct as at 19th March 2008 INVESTMENT 1 YEAR FIXED: Page 3 of 3

41 2 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Community First CU Invt True 2 year Fixed Nil P+I 100% 500, Credit Union Australia Investment 2 year Fixed Nil Both 97.00% No max Easy Street Fin Services Invt Easy Street 2yr Fxd Nil P+I 100% 500, HomePath Investment 2yr Fixed Nil Both 97% No max Lifeplan Funds Managemnt Invt FlexiSmart 2yr Fxd Nil P+I 97.00% 600, Memberfirst Credit Union Investment 2 year Fixed Nil P+I 95% No max Newcastle Permanent Investment 2 year Fixed Nil Both 100% No max NSW Teachers CU Invt Option 2 year Fixed Nil P+I 95% No max NSW Teachers CU Invt IO 2 year Fixed Nil IO 95% No max Qantas Staff CU Invt Options 2yr Fxd IO Nil IO 80.00% 3,000, Sapphire Mortgage Servic Inv Plus 2yr Fixed Nil Both 95.00% No max "exceptional value" A M O Group Investment 2 year Fixed Nil Both 100% 2,000, Defence Force CU Investment 2 year Fixed 8.79 Nil 10/m Both 90.00% No max Gateway Credit Union Investment 2 year Fixed Nil Both 80.00% No max Illawarra CU NSW Investment 2 year Fixed /m Both 95.00% No max Lifeplan Funds Managemnt Investment 2 year Fixed Nil Both 97.00% 600, nab Invt Standard HL 2yr Fxd /m P+I 100% No max one direct home loans 2 year Fixed Investment Nil Both 95.00% No max Police Credit Investment 2 year Fixed 8.64 Nil Nil Both 95% No max Powerstate Credit Union Investment 2 year Fixed Nil P+I 97.00% No max Unicom Credit Union Investment 2 year Fixed /m Both 95.00% No max "strong value" Adelaide Bank Investment 2 year Fixed /m Both % No max ANZ Bank Investment 2 year Fixed /m Both 95.00% No max Arab Bank Australia Investment 2 year Fixed /m Both 95.00% No max Austral Mortgage Inv AdvantagePlus 2y Fxd Nil Both 95.00% 5,000, Australian Central CU Investment 2 year Fixed /m Both 100% No max BankWest Investment 2 year Fixed /m Both 95% No max Bendigo Bank Investment 2 year Fixed /m Both 90.00% No max Community CPS Australia Investment 2 year Fixed Nil Both 95.00% 2,000, Heritage Building Soc Investment 2 year Fixed /m Both 95.00% No max Homestar Finance Investment 2yr Fixed Nil Both 95.00% 2,000, Horizon Credit Union Invt Horizon 2yr Fixed Nil Both 95.00% No max Hume Building Society Investment 2 year Fixed Nil Both 95% 2,000, Rates are correct as at 19th March 2008 INVESTMENT 2 YEAR FIXED: Page 1 of 3

42 2 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" ING Direct Investment 2 year Fixed Nil Both 97% 2,000, mystate Financial Investment 2 year Fixed Nil P+I 97.00% 1,000, nab Invt Tailored 2yr Fxd IO /m IO 100% No max SGE Credit Union Invt Investment 2yr Fxd Nil Both 97% 2,000, SGE Credit Union Invt Flexible Opt 2y Fxd Nil Both 90% 2,000, St George Bank Investment 2 year Fixed /m Both 95.00% No max SUNCORP Investment 2 year Fixed /m Both 100% No max "rising star" Orange Credit Union Inv 2 year Fixed Nil Both 97.00% No max "average value" Aussie Home s Investment 2 year Fixed Nil Both 95% No max Bank of Queensland Investment 2 year Fixed /m Both % No max BankSA Investment 2 year Fixed /m Both 95.00% No max CHS Home s Investment 2 year Fixed /m P+I 97% No max Coastline Credit Union Investment 2 year Fixed Nil P+I 90.00% No max Colonial Investment 2 year Fixed /m Both 97% No max Commonwealth Bank Investment 2 year Fixed /m Both 97.00% No max Community CPS Australia Invt Parent HL 2yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union Investment 2 year Fixed Nil P+I 95.00% No max HomeSide Lending Investment 2 year Fixed /m P+I 95.00% No max HSBC Investment 2 year Fixed Nil Both 97.00% 7,500, IMB Limited Investment 2 year Fixed Nil Both % No max mecu Investment 2 year Fixed Nil P+I 95% 750, MyRate Investment 2 year Fixed 8.75 Nil Nil Both 95% 2,000, Police CU SA Investment 2 year Fixed Nil Both 100% No max Qld Teachers CU Investment 2 year Fixed Nil Both % No max Satisfac Credit Union Invt Satisfac 2yr Fixed Nil P+I 90% 1,250, University Credit Soc Investment 2 year Fixed Nil Both 95% No max "satisfactory value" ABS Building Society Investment 2 year Fixed Nil Both 95.00% No max Alliance One CreditUnion Invt Your Choice 2yr Fxd Nil P+I 90.00% 400, AMP Banking Invt Select 2 year Fixed /a Both % 2,500, AMP Banking Investment 2 year Fixed 8.89 Nil 349/a Both % 2,500, API Home s Investment 2 year Fixed Nil Both 97.00% 2,500, B & E Investment 2 year Fixed /m P+I 95.00% No max Rates are correct as at 19th March 2008 INVESTMENT 2 YEAR FIXED: Page 2 of 3

43 2 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" Better Choice Home s Investment 2 year Fixed Nil Both 95.00% No max Citibank Investemnt 2 year Fixed /m Both % 4,000, FCCS Credit Union Invt Premium 2yr Fixed /a Both 95% 2,500, FCCS Credit Union Invt Standard 2yr Fixed Nil Both 95% 2,500, GE Money Invt Flex Option 2yr Fxd Nil Both 100% 2,500, HBF Financial Services Investment 2yr Fixed Nil Both % No max Home Building Society Invt 2 Year Fixed /m Both 90.00% No max HomeSide Lending Inv HomePlus 2yrFxd /m Both 95.00% No max Ironbark Mort Solutions Invt Standard 2yr Fixed Nil Both 100% 2,500, Maitland Mutual BS Invt Premium 2yr Fixed Nil Both 100% No max Nationwide Mortgage Corp Investment 2 year Fixed Nil Both 90.00% 4,000, Qld Professional CU Investment 2 year Fixed Nil Both 90.00% No max Queenslanders CU Investment 2 year Fixed /m Both 90.00% No max State Custodians Invt Standard 2yr Fixed /a Both 80.00% 2,500, United Credit Union Invt Access Plus 2yr Fxd /m P+I 95% No max Rates are correct as at 19th March 2008 INVESTMENT 2 YEAR FIXED: Page 3 of 3

44 3 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Community First CU Invt True 3 year Fixed Nil P+I 100% 500, Easy Street Fin Services Invt Easy Street 3yr Fxd Nil P+I 100% 500, Members Equity Bank Invt SuperMember 3yr Fxd 8.99 Nil Nil Both 95% No max Newcastle Permanent Investment 3 year Fixed Nil Both 100% No max NSW Teachers CU Invt IO 3 year Fixed Nil IO 95% No max NSW Teachers CU Invt Option 3 year Fixed Nil P+I 95% No max Sapphire Mortgage Servic Inv Plus 3yr Fixed Nil Both 95.00% No max Select Credit Union Super Invt 3yr Fxd Nil Both 95% No max SERVICE ONE Members Ba Investment 3 year Fixed /m Both 97% 1,300, "exceptional value" A M O Group Investment 3 year Fixed Nil Both 100% 2,000, Austral Mortgage Inv AdvantagePlus 3y Fxd Nil Both 95.00% 5,000, Companion CU Investment 3 year Fixed Nil Both 95.00% No max Credit Union Australia Investment 3 year Fixed Nil Both 97.00% No max Defence Force CU Investment 3 year Fixed 8.79 Nil 10/m Both 90.00% No max HomePath Investment 3yr Fixed Nil Both 97% No max Illawarra CU NSW Investment 3 year Fixed /m Both 95.00% No max one direct home loans 3 year Fixed Investment Nil Both 95.00% No max Powerstate Credit Union Investment 3 year Fixed Nil P+I 97.00% No max Qantas Staff CU Invt Options 3yr Fxd IO Nil IO 80.00% 3,000, "strong value" Adelaide Bank Investment 3 year Fixed /m Both % No max Adelaide Bank-exl SA/NT Invt Smartsuite 3yr Fxd /m Both % No max ANZ Bank Investment 3 year Fixed /m Both 95.00% No max Arab Bank Australia Investment 3 year Fixed /m Both 95.00% No max Australian Central CU Investment 3 year Fixed /m Both 100% No max BankSA Investment 3 year Fixed 8.69 Nil Nil Both 95.00% No max BankWest Investment 3 year Fixed /m Both 95% No max Bendigo Bank Investment 3 year Fixed /m Both 90.00% No max Community CPS Australia Investment 3 year Fixed Nil Both 95.00% 2,000, Gateway Credit Union Investment 3 year Fixed Nil Both 80.00% No max Homestar Finance Investment 3yr Fixed Nil Both 95.00% 2,000, Horizon Credit Union Invt Horizon 3yr Fixed Nil Both 95.00% No max Hume Building Society Investment 3 year Fixed Nil Both 95% 2,000, ING Direct Investment 3 year Fixed Nil Both 97% 2,000, Rates are correct as at 19th March 2008 INVESTMENT 3 YEAR FIXED: Page 1 of 3

45 3 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" Lifeplan Funds Managemnt Invt FlexiSmart 3yr Fxd Nil P+I 97.00% 600, Lifeplan Funds Managemnt Investment 3 year Fixed Nil Both 97.00% 600, Members Equity Bank Investment 3 year Fixed 9.14 Nil Nil Both 95% No max Meridian Money Invt LifestyleFlexiFxd3y mystate Financial Investment 3 year Fixed Nil P+I 97.00% 1,000, nab Invt Tailored 3yr Fxd IO /m IO 100% No max nab Invt Standard HL 3yr Fxd /m P+I 100% No max Police Credit Investment 3 year Fixed 8.64 Nil Nil Both 95% No max SGE Credit Union Invt Flexible Opt 3y Fxd Nil Both 90% 2,000, SGE Credit Union Invt Investment 3yr Fxd Nil Both 97% 2,000, St George Bank Investment 3 year Fixed /m Both 95.00% No max SUNCORP Investment 3 year Fixed /m Both 100% No max Unicom Credit Union Investment 3 year Fixed /m Both 95.00% No max Yes Home s Investment 3 year Fixed Nil Both 97% 2,500, "rising star" Orange Credit Union Inv 3 year Fixed Nil Both 97.00% No max "average value" Aussie Home s Investment 3 year Fixed Nil Both 95% No max Bank of Queensland Investment 3 year Fixed /m Both % No max CHS Home s Investment 3 year Fixed /m P+I 97% No max Colonial Investment 3 year Fixed /m Both 97% No max Commonwealth Bank Investment 3 year Fixed /m Both 97.00% No max Community CPS Australia Invt Parent HL 3yr Fixed Nil Both 95.00% 1,000, Encompass Credit Union Investment 3 year Fixed Nil P+I 95.00% No max Heritage Building Soc Investment 3 year Fixed /m Both 95.00% No max HomeSide Lending Investment 3 year Fixed /m P+I 95.00% No max HSBC Investment 3 year Fixed Nil Both 97.00% 7,500, IMB Limited Investment 3 year Fixed Nil Both % No max Maxis s Investment 3 year Fixed 9.14 Nil Nil Both 95% No max mecu Investment 3 year Fixed Nil P+I 95% 750, Nationwide Mortgage Corp Investment 3 year Fixed Nil Both 90.00% 4,000, Pacific Mortgage Corp Investment 3 year Fixed Nil Both 95.00% No max Police CU SA Investment 3 year Fixed Nil Both 100% No max Qld Teachers CU Investment 3 year Fixed Nil Both % No max University Credit Soc Investment 3 year Fixed Nil Both 95% No max Rates are correct as at 19th March 2008 INVESTMENT 3 YEAR FIXED: Page 2 of 3

46 3 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "average value" Victoria Teachers CU Invt Standard 3yr Fixed Nil Both 95.00% No max "satisfactory value" ABS Building Society Investment 3 year Fixed Nil Both 95.00% No max Alliance One CreditUnion Invt Your Choice 3yr Fxd Nil P+I 90.00% 400, AMP Banking Invt Select 3 year Fixed /a Both % 2,500, AMP Banking Investment 3 year Fixed 8.89 Nil 349/a Both % 2,500, B & E Investment 3 year Fixed /m P+I 95.00% No max Bananacoast Community CU Investment 3 year Fixed Nil Both 95.00% 7,000, Better Choice Home s Investment 3 year Fixed Nil Both 95.00% No max Citibank Investment 3 year Fixed /m Both % 4,000, HBF Financial Services Investment 3yr Fixed Nil Both % No max Holiday Coast CU Inv Fixed n Easy 3yr Fxd 8.95 Nil Nil P+I 95.00% No max Home Building Society Invt 3 Year Fixed /m Both 90.00% No max HomeSide Lending Inv HomePlus 3yrFxd /m Both 95.00% No max Ironbark Mort Solutions Invt Standard 3yr Fixed Nil Both 100% 2,500, Maitland Mutual BS Invt Premium 3yr Fixed Nil Both 100% No max Meridian Money Invt Lifestyle Fxd 3yr MyRate Investment 3 year Fixed 8.75 Nil Nil Both 95% 2,000, Police CU NSW Invt Fixed Rate Home Ln Nil Both 95.00% No max Qld Police Credit Union Investment 3 year Fixed Nil P+I 95% No max Queenslanders CU Investment 3 year Fixed /m Both 90.00% No max RESI Mortgage Corp Invt Complete 3yr Fixed Nil Both 95.00% 4,000, Satisfac Credit Union Invt Satisfac 3yr Fixed Nil P+I 90% 1,250, State Custodians Invt Standard 3yr Fixed /a Both 80.00% 2,500, Virgin Money Investment 3 year Fixed Nil Both 95.00% 2,000, Rates are correct as at 19th March 2008 INVESTMENT 3 YEAR FIXED: Page 3 of 3

47 5 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "superior value" Credit Union Australia Investment 5 year Fixed Nil Both 97.00% No max HomePath Investment 5yr Fixed Nil Both 97% No max Members Equity Bank Invt SuperMember 5yr Fxd 8.99 Nil Nil Both 95% No max Newcastle Permanent Investment 5 year Fixed Nil Both 100% No max Sapphire Mortgage Servic Inv Plus 5yr Fixed Nil Both 95.00% No max SERVICE ONE Members Ba Investment 5 year Fixed /m Both 97% 1,300, "exceptional value" A M O Group Investment 5 year Fixed Nil Both 100% 2,000, Adelaide Bank Investment 5 year Fixed /m Both % No max Austral Mortgage Inv AdvantagePlus 5y Fxd Nil Both 95.00% 5,000, Bendigo Bank Investment 5 year Fixed /m Both 90.00% No max Hume Building Society Investment 5 year Fixed Nil Both 95% 2,000, Illawarra CU NSW Investment 5 year Fixed /m Both 95.00% No max nab Invt Standard HL 5yr Fxd /m P+I 100% No max one direct home loans 5 year Fixed Investment Nil Both 95.00% No max Police Credit Investment 5 year Fixed 8.64 Nil Nil Both 95% No max "strong value" Adelaide Bank-exl SA/NT Invt Smartsuite 5yr Fxd /m Both % No max ANZ Bank Investment 5 year Fixed /m Both 95.00% No max Arab Bank Australia Investment 5 year Fixed /m Both 95.00% No max Australian Central CU Investment 5 year Fixed /m Both 100% No max BankWest Investment 5 year Fixed /m Both 95% No max Colonial Investment 5 year Fixed /m Both 97% No max Commonwealth Bank Investment 5 year Fixed /m Both 97.00% No max Community CPS Australia Investment 5 year Fixed Nil Both 95.00% 2,000, Homestar Finance Investment 5yr Fixed Nil Both 95.00% 2,000, ING Direct Investment 5 year Fixed Nil Both 97% 2,000, Lifeplan Funds Managemnt Invt FlexiSmart 5yr Fxd Nil P+I 97.00% 600, Lifeplan Funds Managemnt Investment 5 year Fixed Nil Both 97.00% 600, Members Equity Bank Investment 5 year Fixed 9.14 Nil Nil Both 95% No max Meridian Money Invt LifestyleFlexiFxd5y nab Invt Tailored 5yr Fxd IO /m IO 100% No max Nationwide Mortgage Corp Investment 5 year Fixed Nil Both 90.00% 4,000, St George Bank Investment 5 yr Fixed /m Both 95.00% No max SUNCORP Investment 5 year Fixed /m Both 100% No max Rates are correct as at 19th March 2008 INVESTMENT 5 YEAR FIXED: Page 1 of 3

48 5 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "strong value" Unicom Credit Union Investment 5 year Fixed /m Both 95.00% No max Victoria Teachers CU Invt Standard 5yr Fixed Nil Both 95.00% No max Yes Home s Investment 5 year Fixed Nil Both 97% 2,500, "average value" Aussie Home s Investment 5 year Fixed Nil Both 95% No max Bank of Queensland Investment 5 year Fixed /m Both % No max CHS Home s Investment 5 year Fixed /m P+I 97% No max Citibank Investment 5 year Fixed /m Both % 4,000, Community CPS Australia Invt Parent HL 5yr Fixed Nil Both 95.00% 1,000, Heritage Building Soc Investment 5 year Fixed /m Both 95.00% No max HomeSide Lending Investment 5 year Fixed /m P+I 95.00% No max HomeSide Lending Inv HomePlus 5yrFxd /m Both 95.00% No max Horizon Credit Union Invt Horizon 5yr Fixed Nil Both 95.00% No max HSBC Investment 5 year Fixed Nil Both 97.00% 7,500, IMB Limited Investment 5 year Fixed Nil Both % No max Maxis s Investment 5 year Fixed 9.14 Nil Nil Both 95% No max Pacific Mortgage Corp Investment 5 year Fixed Nil Both 95.00% No max Police CU SA Investment 5 year Fixed Nil Both 100% No max Qld Police Credit Union Investment 5 year Fixed Nil P+I 95% No max RESI Mortgage Corp Invt Complete 5yr Fixed Nil Both 95.00% 4,000, Savings & s CU SA Investment 5 year Fixed Nil Both % No max SGE Credit Union Invt Investment 5yr Fxd Nil Both 97% 2,000, University Credit Soc Investment 5 year Fixed Nil Both 95% No max "satisfactory value" Alliance One CreditUnion Invt Your Choice 5yr Fxd Nil P+I 90.00% 400, AMP Banking Investment 5 year Fixed 8.89 Nil 349/a Both % 2,500, AMP Banking Invt Select 5 year Fixed /a Both % 2,500, Bananacoast Community CU Investment 5 year Fixed Nil Both 95.00% 7,000, Better Choice Home s Investment 5 year Fixed Nil Both 95.00% No max Encompass Credit Union Investment 5 year Fixed Nil P+I 95.00% No max HBF Financial Services Investment 5yr Fixed Nil Both % No max Home Building Society Invt 5 Year Fixed /m Both 90.00% No max Meridian Money Invt Lifestyle Fxd 5yr MyRate Investment 5 year Fixed 8.75 Nil Nil Both 95% 2,000, RAMS Invt Sav 5y Fxd Nil Both 100% 2,000, Rates are correct as at 19th March 2008 INVESTMENT 5 YEAR FIXED: Page 2 of 3

49 5 YEAR FIXED RATE INVESTMENT HOME LOAN Extra Allowed Principal+, Max 100% Offset a/c "satisfactory value" Resident Home s Investment 5 year Fixed Nil Both 95% No max SGE Credit Union Invt Flexible Opt 5y Fxd Nil Both 90% 2,000, State Custodians INvt Standard 5yr Fixed /a Both 80.00% 2,500, Virgin Money Investment 5 year Fixed Nil Both 95.00% 2,000, Rates are correct as at 19th March 2008 INVESTMENT 5 YEAR FIXED: Page 3 of 3

50 CANNEX mortgage star ratings - methodology What is the CANNEX mortgage star ratings? CANNEX mortgage star ratings is a sophisticated rating methodology, unique to CANNEX, that compares both the Cost and Features across mortgage products. CANNEX star rated products represent a short list of financial products. This short list narrows the search for consumers to products that have been independently assessed and ranked. All star rated mortgages rated from one to five achieved a grade suitable for consumers to consider with qualities ranging from Superior to Satisfactory. The CANNEX mortgage star ratings is a transparent analysis comparing all types of mortgage products. The results are reflected in a consumer-friendly 5-star concept. The star ratings from the CANNEX mortgage star ratings are described as follows: Superior Excellent Strong Average Satisfactory Rising Star the top 75% of the mortgage products examined actually receive a star rating between 1 and 5. Rising Stars are those products that would be rated 3-star or higher but have not been in the market for over six months. Rising Star products will be formally rated in the next rating period once more historical data is available. What types of products are evaluated by CANNEX mortgage star ratings? The following are assessed in the ratings: Standard Home s Investment Home s 1,2,3 and 5 year Investment Fixed Home s Line of Credit How does it work? How are the stars calculated? Each home loan reviewed for the CANNEX mortgage star ratings is awarded points for its comparative Pricing and for the array of positive Features attached to the product. Points are aggregated to achieve a Pricing score (P) and a Features score (F). In addition to these two categories, we also score products according to their Early Termination Fees (E) and reward those products charging no, or low early termination fees. To arrive at the total score CANNEX applies a weight (w) against the P, F and E. This weight will vary for product type and will reflect the relative importance of either costs or features in determining the best mortgage product. This method can be summarised as: TOTAL SCORE ( T ) = W1 PRICING ( P ) + W2 FEATURES SCORE ( F + W3 EARLY TERMINATION FEE SCORE (E)) YOUR GUIDE TO PRODUCT EXCELLENCE Refer to Table 1

51 CANNEX star ratings methodology Total cost Based on $250,000 loan over 25 years Pricing Score Features Based on 16 different feature categories Feature Score Early Exit Fees Based on weighted scenarios of exiting in the first 5 years Pricing (P) PRODUCT CATEGORY Early Termination Fee Score PRICING WEIGHT FEATURES WEIGHT EARLY TERMINATION FEE WEIGHT Variable Rate s 70% 25% 5% Fixed Rate s 80% 15% 5% Revolving Line of Credit 55% 40% 5% Investment Home s 75% 20% 5% Investment Fixed Rate s 80% 15% 5% CANNEX accounts for both current and historical AAPR in the calculation of the PRICING (P) component of each product s overall score. Each of the 6 months is weighted equally to arrive at the average AAPR over the last 6 months. Pricing Scores for Variable and Revolving Line of Credit s are based on the total cost for a scenario of a $250,000 loan repaid over 25 years. Cost includes interest cost, upfront, ongoing and discharge fees. Pricing Scores for the Fixed Rate s are also based on the total cost for a scenario of a $250,000 loan repaid over 25 years. At the end of each fixed interest period, it is assumed that the borrower will re-fix their loan for the life of the loan. Cost includes interest cost, upfront, ongoing and discharge fees. YOUR GUIDE TO PRODUCT EXCELLENCE 2

52 CANNEX star ratings methodology Features (F) FEATURES (F) consist of the following sections: FEATURE CATEGORIES WEIGHTINGS STANDARD HOME LOANS INVESTMENT STANDARD HOME LOANS FIXED HOME LOANS INVESTMENT FIXED HOME LOANS LINE OF CREDIT LOANS LENDING TERMS 25% 25% 25% 25% 20% Details of lending eg Max and Min Amounts, LVR, Repayment term options SPLIT LOANS 9% 9% 8% 8% 8% Splitting options inc max and min split numbers SWITCH FEES 9% 9% 9% 9% 7% Fees to switch between loan types ADDITIONAL REPAYMENTS 8% 5% 5% 4% 4% OFFSET FACILITY 8% 6% 5% 4% 4% TRANSACTIONAL MORTGAGES 7% 5% 5% 6% 10% MORTGAGE FEES 5% 5% 5% 5% 5% CONSTRUCTION LOANS 4% 6% 2% 2% 1% Regulations on amount and number of additional repayments Availability and access of offset account Method, size and cost of redraws where available Refund of fees and arrears fees details Availability and costs associated with progressive draws LENDING AREAS 4% 4% 4% 4% 4% Lending availability in each state SECURITY / EQUITY / GUARANTEE OPTIONS TOP UP LOAN FACILITIES 4% 2% 3% 2% 2% 4% 4% 4% 4% 4% PORTABILITY 3% 3% 3% 3% 3% SECURITY REQUIREMENTS CHANNEL AVAILABILITY LOAN APPROVED BUT NOT DRAWN 3% 6% 3% 3% 4% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% LOAN PURPOSE 2% 4% 2% 3% 4% BORROWING ENTITY 1% 3% 1% 2% 2% FIXED INTEREST DETAILS 0% 0% 12% 12% 4% LINE OF CREDIT DETAILS TOTAL 100% 100% 100% 100% 100% Conditions of guarantor and security provision Availability and cost of topping up loan Availability and cost of transferring loan approval requirements eg pay slip and applicability of overseas income Acceptable application methods eg broker, online, branch Fees and length of time for which loan is not drawn for business, personal or any legal purpose to individual, company or trust Rate set time and duration and rate lock fee 0% 0% 0% 0% 10% paid when in credit details YOUR GUIDE TO PRODUCT EXCELLENCE 3

53 CANNEX star ratings methodology Early Termination Fees The fees applicable for exit at each year s end are indexed and then weighted to provide the Early Termination Fee Score Exit Weighting 1 year 2 year 3 year 5% 20% 40% Early Termination Fee Score Fee to terminate the loan excluding interest adjustment cost where applicable 4 year 5 year 25% 10% How many products and financial institutions are analysed? In order to calculate the ratings, CANNEX analyses over 1,750 home loan products from over 140 financial institutions in Australia. How often are all the products reviewed for rating purposes? All ratings are fully recalculated every six months based on the latest features offered by each provider. CANNEX also monitors changes on an ongoing basis. The results are published in a variety of mediums (newspapers, magazines, television, websites etc) Does CANNEX rate other product areas? YES. CANNEX also rates credit cards, rewards programs, low-doc home loans, reverse mortgages, personal loans, deposit accounts, margin lending, package banking, business banking and car insurance. These star ratings use similar methodologies to the mortgage star ratings. This guarantees the quality and transparency of these other star ratings. The use of similar star ratings logos also builds consumer recognition of quality products across product categories. Please access the CANNEX website if you would like to download the latest CANNEX star ratings reports for the products of interest. YOUR GUIDE TO PRODUCT EXCELLENCE 4