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  1. Peter_Tersteeg

    Lifting LVR to 80% to reduce taxable income

    If your loan is interest only, you'll only have to make repayments based on the amount you currently owe. Thus you can get access to the extra $100k, but leave it in redraw until you need it and it won't cost any extra. Once you use the money, you'll owe more to the bank and your minimum...
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