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G'day Marty, my apologies, I must have misread the post....play on...tone never comes out right on a forum you know that. Cheers, Ivan

Hi Marty, re related party loans, let me emphasise that you need to seek advice as there are a number of considerations involved to ensure you are compliant. Personally I have done my own related party loans and the best thing is I don't need a bank to tell me what to do nor pay their...

G'day marty, when it comes to commercial you may be looking at a member buying his/her own premises. In this case, consider a related party loan rather than a 3rd party loan (much more effective for the member) including lower interest rate and no application and legals which is a significant...

PH, commercial judgement to be applied, for instance in Melbourne CIV is pretty accurate across most councils. If it smells bad, commercial judgement comes in......depends on your knowledge of the area. In the olden days with large scale audits we insisted on curbside annually with full...

Hi PH: Why is that mate? Most of the bank use leading lawyers including Gadens. NAB uses internal lawyers who are stubborn *******s, but we outsmart the, Westpac has a panel of 12 lawyers ANZ & CBA don't do much with them BOQ Gadens La Trobe use Vernons and Purcels BOM use a adelaide mob...

By what measure is the question. For instance, it is not required for a property to receive a independent valuation each year and valuation can be verified by a rates notice unless there is evidence to suggest a material impact on valuation of the asset. Commercial judgement can be applied as...

Hi Lawry, In relation to lenders, La Trobe has killed the market since November 2013 when they introduced their SMSF Product. Majority of our loans went to them, however recently they have changed their loan offering which has posed a challenge or two. With La Trobe its 5.6% and NAB is 5.88%...