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    Asking for an insurance statement..?

    Aha! Household Workers Compensation in QLD, in other states it seems to be Domestic Workers Compensation/Insurance... looks like CGU offers this, I'll get in touch tomorrow for a quote! Thanks for your input everyone
  2. H

    Asking for an insurance statement..?

    Thanks all, that sounds spot on, but a google for "household worker insurance" and similar only seems to have the QLD policy result - I'm in Victoria,.. anyone aware of a policy matching that here?
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    Asking for an insurance statement..?

    Hi All, we're getting a regular cleaner in every fortnight to look after our PPOR. We have landlords insurance on our investment, but for the PPOR I expect our policy doesnt cover liability for another party carrying out business on our site... Is there a statement of insurance I should ask...
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    This whole Split LOC thing...

    Interesting,.. think I need to bug you for more info here please - does it complicate things if I make additional payments? I would've thought I could put those extra payments into the personal account and not touch/affect the investing one..? Would this consideration also apply for money...
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    On yer marks, get set...

    Alrighty, I've spoken to my accountant and broker and wanted to post what I've answered for myself in the hope it helps others... still would love clarification on some of this though! I'm told the loan for the PPOR must be in both our names as we're both on the title of the property - makes...
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    This whole Split LOC thing...

    G'day Psyk, my post was more theoretical so I could try and understand things better, but as nobody has answered I'm hoping this post serves as a bump and someone might notice 'n' help you & me out... That said, I do understand a little more of it now that I've spoken to my broker and...
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    This whole Split LOC thing...

    Hi Gang, I'm hoping to understand the use of split accounts better... I understand that splitting personal ins/outs from those for investing is virtually a must-do for tax tracking purposes... what I'd like to get more familiar with is the general use of these accounts when certain scenarios...
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    On yer marks, get set...

    Hi Folks, I'm hoping to get some clarification, a quick sanity check maybe, and hope that posting this here might help others in a similar boat too... My wife and I have just had our PPOR revalued and there's a reasonable chunk of equity there (the valuation is at the higher end of what we...
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    Hsbc & Macquarie Not Allowing Redraw?

    Just the facts, ma'am... Hi folks, don't mind me jumping in at this point,.. I'm new to this and still educating myself, gearing up to get an IP in the next few months... after reading all of this I have to clarify: Everything I've heard at seminars and read in books indicates that a LOC is...
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