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thanks guys... guess a visit to my banker and accountant is a must in the next couple of weeks

bugger!! how about this then: my bank currently takes out the required minimum repayment from my redraw amount (i.e. redraw amount decreases by the minimum repayment at the end of each month). What happens if I just don't deposit anything into the loan for the next few months (i.e. pocket...

Thanks for the advice above. Much appreciated. Now for the another question. As stated above, I purchased my PPOR about 16 months ago. I borrowed 300k and currently owe 260k with 31k available in redraw. Therefore I've made quite a significant amount of additional repayments on this...

G'day all, I will soon be heading overseas for 18 months with my family. During that time, we will be renting out our house. Since we've never done this before (this is our first house and we bought it only 16 months ago), I have a couple of questions, as follows: The mortgage is in...