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Sorry not being a Queenslander I didn't realise that the Boost was in addition to the NRAS incentives. And yes your right, it is paid on settlement.

Hi Fairsjk Planning to access the $10K immediately to cover holding costs could be a problem as the incentive is paid each tax year around June/July and consists of two parts of which only 25% is in cash. The 75% balance is paid as a refundable tax offset. Also, I've read that where the...

NRAS in SMSF Further to Euro's and CP's list of NRAS lenders heres a new one but only within an SMSF. Liberty Financial - All schemes acceptable with max LVR 80%. They use 80% of Gross Rental Income for servicing and they DO use 100% of the NRAS incentive as tax free income for servicing.