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Terry Waugh posts here may assist. If your parents borrow the $ and onlend to you with no margin then they should have zero tax issues. Their statement is also effectively yours. Just maintain it on a n arm s length basis. This doesn't mean a profit or that they need to take loan security...

No. Not ever. Only gifts to a entity that is endorsed by Govt as a Deductible Gift Recipient are eligible for tax deductions (ABN register shows it). Personal gifts made for love and affection are not. Likewise the funds given to you for love and affection are not income and not taxed...