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History

Webster Dolilta Finance Ltd

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.