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ALWAYS, ALWAYS, ALWAYS keep full records of the trust decision, your own decision, the agreement, the amounts paid and everything else. It must be completely transparent and provable or the ATO will have your hide. Dale points out in his book (which I highly recommend) that one of the things...

My option is to lend the trust the 20% at the same rate that the bank lends it to me. My personal finances show no loss/no gain and the trust can claim the interest it pays me as a legitimate deduction. I also have several accounts and try to keep those that are investment related very...