While westpac are paying for the app (up to $50,000.00), one must have a WP bank account for them to pay the money into. Also they won't pay any royalties. They can modify the app and if anything goes wrong, WP are disclaiming all responsibility?
........we have an exclusive, perpetual, irrevocable, royalty-free right to use, modify, develop and otherwise deal with your Proposal and your Mobile Banking App in any way whatsoever.... .....You agree that you will not discuss or divulge the details of your Proposal with any other person for a period of 12 months from the date that you submit your Proposal to us...... If WP choose someone who is young, they open a WP bank account for the prize money. Over their lifetime, WP would have made back all the prize money in bank and loan fees????
Or am I too cynical?