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@Terry, thank you very much for all your response and wisdom on this topic, your work on these forums are truly appreciated. Next time I come to Sydney I will need to buy you a scotch (on the rocks of course, not mixed with anything ;)

haha touche. But putting the analogy aside for a second and going back to scenario 2, if this happens is this a big issue if you immediately move the funds into redraw. This is the part I am having trouble with understanding, yes it has become contaminated but surely common sense prevails and...

This post grew legs since I last checked! @Terry - I really do understand the concept but the last thing I just want to clarify is in those scenarios when the banks do automatically place the top-up into an offset, what is the outcome in the following scenarios: 1 - New lender and a new...

Thanks for clarifying all. @Terry - I have not structured like this, it is something I am just having difficulties getting my head around. I honestly think I understood it better before I spent so long in the finance section of the forum but as you read more you start to ask more questions...

Thanks heaps Paul. I guess for myself and maybe a number of others on here, we understand the concept of loan contamination, in its simplest form it's the mixing of deduticle and non deductible debt. But understanding what that means in terms of taxation is where it all gets confusing. For...

Hey Experts, I am trying to find the answer to a question but still am not clear or have a definitive answer. It is likely I am not explaining myself correctly so I will try to be as clear as possible. I am trying to understand and determine if the following scenario would result in loan...