Yes. Okay. Now, having received this request for a revaluation of the security properties, the bank to order a valuation for both of the properties; is that right?Yes. And just before I move to that, if I could just have a moment. Could I just ask you – I just want to take up a point from the evidence you’ve just given, Mr Welsh, from the notes involving the credit officer. Can I ask that you be shown a document which is FOS.0015.0001.0502. I think the distinction I want to draw here when this – document comes up, Mr Welsh, is I think you were going to say that you don’t know to whom within the bank, beyond Mr Athanasopoulos, the view of the valuer was communicated; is that right?That is right. But I want to put to you that that wasn’t the only way of the people for the people – within the bank to understand that this was a business property that ought to have been valued as the business property. Do you accept that?Let’s work on that hypothesis. Yes. Well, let’s in that hypothesis with the documents that were submitted to the bank ?Okay. by Mr and Mrs Wallis, all of which referred to the business that they intended to operate on the property?Yes. Yes. They would have all gone to the credit officer?Not necessarily. So what would the credit officer have got?The credit officer would have got the submission from the the banker. – Okay?With the banker’s evidence. All So this document I have on the screen at the moment is from the Bank of Melbourne system. It’s a summary of internal notes on the system. And if we turn to 0510, we see partway down the page a recommendation created by Maria O’Toole. And we saw Maria O’Toole’s name on one of the other emails. Do you recall that, Mr Welsh?Yes, I do. And there’s an entry here about the nature of the business. And do you see the second paragraph down: The two have purchased an investment property in 2015 and have offered bank opportunity to refinance this and support their new purchase. They hope to buy the property – now, this is the Byabarra property – has a tenantable house and separate shop. Land is zoned residential.
Yes. Okay. Now, having received this request for a revaluation of the security properties, the bank to order a valuation for both of the properties; is that right?Yes. And just before I move to that, if I could just have a moment. Could I just ask you – I just want to take up a point from the evidence you’ve just given, Mr Welsh, from the notes involving the credit officer. Can I ask that you be shown a document which is FOS.0015.0001.0502. I think – the distinction I want to draw here when this document comes up, Mr Welsh, is I think you were going to say that you don’t know to whom within the bank, beyond Mr Athanasopoulos, the view of the valuer was communicated; is that right?That is right. But I want to put to you that that wasn’t the only way of the people – for the people within the bank to understand that this was a business property that ought to have been valued as the business property. Do you accept that?Let’s work on that hypothesis. Yes. Well, let’s in that hypothesis with the documents that were submitted to the bank ?Okay. by Mr and Mrs Wallis, all of which referred to the business that they intended to operate on the property?Yes. Yes. They would have all gone to the credit officer?Not necessarily. So what would the credit officer have got?The credit officer would have got the submission from the – the banker. Okay?With the banker’s evidence. All So this document I have on the screen at the moment is from the Bank of Melbourne system. It’s a summary of internal notes on the system. And if we turn to 0510, we see partway down the page a recommendation created by Maria O’Toole. And we saw Maria O’Toole’s name on one of the other emails. Do you recall that, Mr Welsh?Yes, I do. And there’s an entry here about the nature of the business. And do you see the second paragraph down: The two have purchased an investment property in 2015 and have offered bank opportunity to refinance this and support their new purchase. They hope to buy the property – now, this is the Byabarra property – has a tenantable house and separate shop. Land is zoned residential.