OUR STAFF

COMPANY HISTORY

Dolilta Investments Ltd and Webster Investments Ltd were both established in 1966, with their main activities being accepting deposits of money and lending on the security of registered mortgages over freehold land.

Both companies enjoyed a long history operating independently but with similar objectives and lending principals. In 2007 the two companies merged under the joint chairmanship of Bill McGregor OAM and the late Geoff Cunningham to become Webster Dolilta Finance Ltd – or W&D Finance.

Now operating as one business, W&D Finance have been able to grow significantly in deposits to enable us to offer not only clients with in the Ballarat Region but in Melbourne, and metropolitan and regional areas as well.

W&D Finance is a locally owned company and has seven Directors, all living and working in Ballarat and from a variety of vocations covering legal, real estate, accounting and insurance.

W&D Finance is a member of the Provincial Finance Group Inc. (PFG), an industry association representing seven independent note issuing companies. PFG members are based in regional centres across Victoria and southern New South Wales. PFG has a code of ethics regulating members’ operations and members’ compliance helping promote best practice. PFG members also meet regularly with industry regulators and government on the social and business impacts of the regulatory framework in which members operate, to help members meet the needs of their customers.

DIRECTORS

Chairman

B. Economics – Appointed Director 1 January 2016. Certified Practising Accountant.

Tim Bunning

Director

OAM, LL.B – Appointed Director 23rd November 2007. Consultant to the firm Baird & McGregor. Past President & Life Member of PFG

William H. McGregor

Director

FPNA – Appointed Director 1st July 1986. Retired Insurance Agent.

Robert N. Whitcher

Director

CEA (REIV) – Appointed Director 21 October 1997. Licensed Estate Agent. Director of Doepel, Lilley & Taylor. Member of the Real Estate Institute of Victoria

Robert G. Cunningham

Director

B.A. LL.B – Appointed Director 23rd November 2007. Director of the firm of Baird & McGregor

Robert A. Baird

Director

LL.B. B.Comm – Appointed Director 23rd November 2007. Director of the firm of Baird & McGregor

Neale J. Gribble

Managing Director

FIPA GAICD – Appointed Director 21 October 1997. Director of Doepel Lilley & Taylor.

Philip C. Cunningham

SENIOR MANAGEMENT

Operations Manager

AIFS – 44 Armstrong Street South, Ballarat

Kara Stephens

Operations Supervisor

44 Armstrong Street South, Ballarat

Deb Bruhn

CUSTOMER SERVICE

Customer Services Officer

9 Lydiard Street North, Ballarat

Kerryn Opie

FURTHER INFORMATION

Frequently Asked Questions

How long has Webster Dolilta Finance Limited been in operation?
Webster Dolilta Finance Limited has invited subscriptions for the Company’s Secured Note I­­nvestments stock since 1966.

Are you a Bank?
No we are not a Bank! Webster Dolilta Finance Limited is a non-listed Public Company that issues Secured Notes to the Public.

How do I invest?
To invest with us, simply complete the Application Form accompanying the Prospectus and either mail it to us or call into our office with your cheque.

Who can apply to invest?
Investments can be opened in single or joint names, or in the names of partnerships, Superannuation funds, trusts, businesses, companies and other incorporated/unincorporated bodies. Accounts for trusts and Superannuation funds should be opened in the name(s) of the trustee(s).

Are you Safe?
Webster Dolilta Finance Limited is not rated for credit risk by a Credit Agency (like Moody’s). Webster Dolilta Finance Limited commenced operations in 1966. Our Company utilises Secured Note holders’ money in a number of ways: We lend on first mortgage and we endeavour to hold a minimum of 15% of our funds in cash with major Banks on Term Deposit and Cash Management accounts. The Company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Melbourne Securities Corporation Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies

Is there a choice of terms available?
You are able to invest with us on fixed terms ranging from 1 month to 36 months.

Is there a minimum opening balance?
We are happy to accept a low initial investment of $500.00 during the currency of this Prospectus for fixed term investments.

How secure is my money and can I lose my money?
While there is a risk that principal may be lost we can advise that Webster Dolilta Finance Limited commenced operations in 1966. Since our inception no investor has ever lost money with us! We believe that our prudent lending policies and the fact that we lend within a specific geographic area reduces our exposure to financial distress.

The company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Melbourne Securities Corporation Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies.

How will I know you have accepted my investment?
We will forward a “Certificate of investment Stock” to you as soon as reasonably practicable, and in any event within one month of receipt of application moneys.

How is interest paid?
Interest on “Savings” accounts will be credited to the account. Interest on fixed term investments may be added to the investment, credited to an “Savings” account with Webster Dolilta Finance Limited, or transferred directly to another financial institution.

How is interest calculated?
Interest is calculated on the balance of your investments on a daily basis from the date of receipt of your application moneys.

When is interest payable?
Interest is paid in arrears on “Savings” accounts on the 15th day of May and November each year. Interest on fixed term investments is paid in arrears and in accordance with the conditions on the term of the account.

Can I add to an existing investment?
Additions to fixed term investments for the remaining period of the original investment are not usually accepted, but may be considered under some circumstances. The interest rate will be the same as the interest rate for the original investment, unless the rate had decreased. Your subsequent investment can be for any amount. You may add to “Savings” accounts at any time.

Can I have moneys invested for my children?
Yes. Moneys may be invested in the name of a child or grandchild or in your own name/s as trustee for the child. The child’s Tax File Number or date of birth should be provided if claiming an exemption as a minor.

What happens when my fixed term investment reaches its maturity?
Approximately one to two weeks before your investment falls due we will notify you in writing of the upcoming maturity and our current interest rates and terms, and offer you the opportunity to reinvest with us.

These answers to your commonly asked questions are not meant to provide you with all the information about an investment in the Company.

Privacy Policy

Whenever Webster Dolilta Finance Limited (the Company) collect and otherwise deal with your personal information, it will be handled in accordance with the Australian Privacy Principles (APP). The APP commence on the 12th March 2014 and have amended the Privacy Act 1988 (Cth) in 13-key areas. To see the Australian Government Privacy fact sheet number 17 outlining these 13 Australian Privacy Principles please click here.  The Company will use personal information it receives from you to facilitate the issue of your Debenture. We may also use it to inform you about other financial products and loan services offered by the Company. Should you wish to receive this information please let us know in writing or by e-mail.

In using your personal information for these purposes, the Company may need to disclose certain information to third parties such as its lawyers, auditors and service providers. At all times, we will take care to ensure that your personal information is accurate, protected from misuse and treated confidentially.

If you believe that we have not dealt with your personal information in a manner that complies with the Australian Privacy Principles you should contact us to discuss your concerns. If you wish to access or find out what personal information we hold about you, you may make a request in writing to the privacy officer, at the following addresses: 9 Lydiard Street North, Ballarat 3350 or 44 Armstrong Street South, Ballarat 3350.

10 March 2014

Frequently Asked Questions

How long has Webster Dolilta Finance Limited been in operation?
Webster Dolilta Finance Limited has invited subscriptions for the Company’s Secured Note I­­nvestments stock since 1966.

Are you a Bank?
No we are not a Bank! Webster Dolilta Finance Limited is a non-listed Public Company that issues Secured Notes to the Public.

How do I invest?
To invest with us, simply complete the Application Form accompanying the Prospectus and either mail it to us or call into our office with your cheque.

Who can apply to invest?
Investments can be opened in single or joint names, or in the names of partnerships, Superannuation funds, trusts, businesses, companies and other incorporated/unincorporated bodies. Accounts for trusts and Superannuation funds should be opened in the name(s) of the trustee(s).

Are you Safe?
Webster Dolilta Finance Limited is not rated for credit risk by a Credit Agency (like Moody’s). Webster Dolilta Finance Limited commenced operations in 1966. Our Company utilises Secured Note holders’ money in a number of ways: We lend on first mortgage and we endeavour to hold a minimum of 10% of our funds in cash with major Banks on Term Deposit and Cash Management accounts. The Company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Melbourne Securities Corporation Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies

Is there a choice of terms available?
You are able to invest with us on “Daily Access” basis, or fixed terms ranging from 1 month to 24 months.

Is there a minimum opening balance?
We are happy to accept a low initial investment of $10.00 during the currency of this Prospectus for fixed term investments. “Daily Access” accounts require a minimum investment of $10.00.

How secure is my money and can I lose my money?
While there is a risk that principal may be lost we can advise that Webster Dolilta Finance Limited commenced operations in 1966. Since our inception no investor has ever lost money with us! We believe that our prudent lending policies and the fact that we lend within a specific geographic area reduces our exposure to financial distress.

The company is audited twice yearly and our Audited financials are sent to ASIC (Australian Securities Investment Commission) and to Melbourne Securities Corporation Limited in Melbourne for perusal to ensure our operations meet laid down procedures. We also forward quarterly directors reports to the same bodies.

How will I know you have accepted my investment?
We will forward a “Certificate of investment Stock” to you as soon as reasonably practicable, and in any event within one month of receipt of application moneys.

How is interest paid?
Interest on “Daily Access” accounts will be credited to the account. Interest on fixed term investments may be added to the investment, credited to an “Daily Access” account with Webster Dolilta Finance Limited, or transferred directly to another financial institution.

How is interest calculated?
Interest is calculated on the balance of your investments on a daily basis from the date of receipt of your application moneys.

When is interest payable?
Interest is paid in arrears on “Daily Access” accounts on the 15th day of May and November each year. Interest on fixed term investments is paid in arrears and in accordance with the conditions on the term of the account.

Can I add to an existing investment?
Additions to fixed term investments for the remaining period of the original investment are not usually accepted, but may be considered under some circumstances. The interest rate will be the same as the interest rate for the original investment, unless the rate had decreased. Your subsequent investment can be for any amount. You may add to “Daily Access” accounts at any time.

Can I have moneys invested for my children?
Yes. Moneys may be invested in the name of a child or grandchild or in your own name/s as trustee for the child. The child’s Tax File Number or date of birth should be provided if claiming an exemption as a minor.

What happens when my fixed term investment reaches its maturity?
Approximately one to two weeks before your investment falls due we will notify you in writing of the upcoming maturity and our current interest rates and terms, and offer you the opportunity to reinvest with us.

These answers to your commonly asked questions are not meant to provide you with all the information about an investment in the Company.

Privacy Policy

Whenever Webster Dolilta Finance Limited (the Company) collect and otherwise deal with your personal information, it will be handled in accordance with the Australian Privacy Principles (APP). The APP commence on the 12th March 2014 and have amended the Privacy Act 1988 (Cth) in 13-key areas. To see the Australian Government Privacy fact sheet number 17 outlining these 13 Australian Privacy Principles please click here.  The Company will use personal information it receives from you to facilitate the issue of your Debenture. We may also use it to inform you about other financial products and loan services offered by the Company. Should you wish to receive this information please let us know in writing or by e-mail.

In using your personal information for these purposes, the Company may need to disclose certain information to third parties such as its lawyers, auditors and service providers. At all times, we will take care to ensure that your personal information is accurate, protected from misuse and treated confidentially.

If you believe that we have not dealt with your personal information in a manner that complies with the Australian Privacy Principles you should contact us to discuss your concerns. If you wish to access or find out what personal information we hold about you, you may make a request in writing to the privacy officer, at the following addresses: 9 Lydiard Street North, Ballarat 3350 or 44 Armstrong Street South, Ballarat 3350.

10 March 2014