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What is a redraw facility?

What is a redraw facility?

September 16th, 2014

When it comes to home loans, redraw facilities are a common offering. But – what actually is a redraw facility? A redraw facility can be a complicated concept to wrap your head around, but may also be invaluable in cutting years off the life of your home loan without locking up all of your savings. Redraw facilities are a feature attached to lo...read more

Offset or redraw: what’s the difference?

Offset or redraw: what’s the difference?

When it comes to home loans, offset accounts and redraw facilities are both common features. In fact even in t...read more

Tax traps for parents in selling to their kids

Tax traps for parents in selling to their kids

Tax accounting firm, H&R Block, has warned parents to be careful when helping their children into their fi...read more

Do we have a housing bubble?

Do we have a housing bubble?

Do we have a housing bubble in Australia at the moment? The Governor of the Reserve Bank, Glenn Stevens, struc...read more