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  1. Jess Peletier

    Effective saving by having money in offset

    No - you don't earn any interest to pay tax on! It's offsetting interest instead. And there's the beauty... ;)
  2. Jess Peletier

    Effective saving by having money in offset

    Assuming it's a 100% offset, its effectively 'earning' you what ever your fixed rate is, tax free.
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