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According to Alan Kohler, http://www.businessspectator.com.au/bs.nsf/Article/Running-on-empty-GTS6X?OpenDocument&src=sph From October 1 there will be a specific and dramatic change to the way lines of credit are arranged and charged. Companies routinely arrange lines of credit “just in case”...

I have just finished clearing my desk, and in preparation for tax time, are setting up systems to make sure I action my paperwork as it comes across my desk (well, try my best anyhow!). I would love to know what other people who are into checklists do on a fortnightly and monthly basis to...

Last year we set up three LOCs on the advice of our mortgage broker, two for IP running costs with BW, 50K each, and one as the deposit for a second IP purchase, CBA, 100k, fully drawn. Since then, with the credit squeeze coming closer, the advice of various professions such as Bill Zheng has...

Hi, After lurking often for a year of so and reading many post which have helped me to get a good background on some of the areas we needed to work through, we are ready to begin the next phase of our (currently modest) investment plan. I would really appreciate thoughts or advice from those...

We have a LOC we wish to use for four different purposes - deposit for IP (110k) - daily running costs and mortgage shortfall of IP (up to 25k over 12 months) - non-deductible debt, reducing significantly over 12 months (20k) - emergency (30k) We did plan on setting up our LOC so it...