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Grey area as you have borrowed the funds and put them into everyday account. I'm not a tax professional so not advise... But I wouldn't recommend taking the funds out and parking them in the offset and using them that way. IMO you would be okay to redraw the funds put them into the offset...

Wait are you suggesting drawing funds from redraw and placing them into everyday offset account, I WOULD NOT recommend this. Redrawing to pay for expenses yes, not to park the funds. Drawing funds from LOC could be simple solution

I wouldn't be taking the funds out and parking them into an everyday account. Should be alright to take the funds out and pay the expenses direct. Alternatively set up a LOC and then use that to pay the expenses.