Powered by MOMENTUM MEDIA
realestatebusiness logo
Subscribe to our newsletter SIGN UP

Westpac goes green

09 November 2009 Reporter

Westpac will introduce a new interest free ‘green loan’ that will help families install solar, water saving and energy efficient products that will reduce greenhouse gas emissions.

The interest free ‘green loan’ is worth up to $10,000 and will be available from November 16.

According to a statement released by the bank, the loans will support the Australian Government Green Loans Program and will give homeowners an opportunity to improve their energy and water use efficiency.

"The loans have the potential to help around 360,000 Australian households save on energy and water bills,” a statement from Westpac said.

Advertisement
Advertisement

The loan, which includes no monthly service fees, establishment fee or prepayment fee, are interest free but have to be repaid over a maximum of four years.

Westpac goes green
default
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.