u/LycheeLazy3146

Now the dust is settling after the budget, I’m wondering what people are doing with their surplus investible cashflow for the family?

Besides debt recycling and super contributions, are we left with just investing in the lower income earners personal name? It seems like personal name, company structure or investment bonds are the only options.

I was going to go the personal name route but curious what other people are planning?

Hi, I’m hoping for a sense check on a refinance situation.

I currently have 3 splits of my home loan (900k) that is fully debt recycled and am planning to refinance this to a new lender as interest only into a combined loan (900K) and release some additional equity (100K) to invest in income producing assets.

My broker has proposed this be one loan with the new lender of $1m with the 100K sitting in a brand new offset once cashed out, which would be immediately invested. Once invested the whole purpose of the loan will be income producing shares so deductible.

Can I just confirm no one sees any mixing of purposes here that would cause issue in an audit? Has anyone done anything like this before?

Thanks