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I would suggest you don't draw down into an offset account as you could end up with tax problems. Short term is ok as long as it is repaid back into the loan - it could even be mixed with other savings too. If you have say $500,000 available borrowable equity then why not consider something...

Mick's suggestion is good. But what you are proposing is potentially dangerous. I advice clients not to borrow and park in an offset as you are weaking the connection between later incurring interest and also it is much easier to mix borrowed and non borrowed funds. I suggest a LOC is better for...

Some may agree. On both counts

It?s a very bad move have any loans at a bank in which you have business accounts in personal names or related companies etc. If the business starts to go bad the bank will know this and take evasive action, possibly calling in loans etc. If business is with a bank on its own you will have much...