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7th - 13th July Featured Products

RESIDENTIAL LOANS


Newcastle Permanent's Premium Plus (Pro Pack) Indicative Variable Interest Rate 8.81% p.a. (or for loan amounts > $500K, 8.76% p.a.) Max LVR for O/O or INV 100% Establishment Fee $0 Annual account keeping fee $250 Point of Difference - 24 free eftpos / ATM transactions & VISA debit card included, 100% Offset Account as well as an optional Value+ Credit Card also available


Suncorp's Back to Basics Indicative Variable Interest Rate 8.89% p.a. (with 0.10% p.a. discount for loans over $250,000) Max LVR for O/O or INV 100% Establishment Fee $600 Account Keeping Fee $0 Point of Difference - 110% LVR available with a minimum of 30% guarantee pledge from guarantor also available.

ING's Smart Home Loan
A revolving line of credit that allows the freedom to package your finan
ces into one easy-to-manage loan. Indicative Variable Interest Rate: 9.44% p.a.
(discount of 0.50% applies for loan amounts over $300,000) Application Fee: $0 ($100 for additional splits)
Account Keeping Fee $180 per annum
Maximum LVR 80% without mortgage insurance; up to 90% LVR plus capitalised LMI premium with mortgage insurance.
Maximum loan term - evergreen
Benefits - capitalising interest facility + Nil interest VISA card (NIVA)

COMMERCIAL LOANS


Citibank's Commercial Express Indicative Variable Interest Rate 9.51% p.a. LVR's up to 75% Application fee 0.25% of the loan amount Maximum 3 years Interest Only term Maximum Loan term 15 years Loan Service fee $0 Catch - minimum loan amount $500,000 (interest loading of 0.20% applies to loan amounts below $500,000)


Suncorp's Business Essentials Variable Interest Rate 9.99% p.a. App Fee - 0.50% of the loan amount LVR's up to 80% Loan term - up to 25 years Loan Service Fee $0 Catch - fully verified loans only

LEASING

Macquarie Leasing COMMERCIAL FINANCE
Now also including YELLOW goods, such as bob cats, bulldozers (excluding agricultural equipment), Interest rates start from 10.50% depending on the loan size, type of finance and type of vehicle / equipment.

* Macquarie Consumer Finance has been suspended from Friday 20th June 08 and is not available until further notice!!!

Remember
By choosing a My Choice loan product through this CANTEEN Programme, for no additional cost or increase in your interest rate, you will be helping young people living with cancer.

Achived Featured Products

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Austral is a member of the Mortgage & Finance Association of Australia (formerly MIAA), the professional body for the mortgage industry.

PH: 02 9299 1833 / FAX: 02 9299 1874

TODAY: Tuesday, 6th January, 2009

WEALTH MAXIMISER - INVESTOR ASSIST UPDATE - JUNE 2008
The ATO has recently published an edited version of a Private Ruling on its website: http://www.ato.gov.au/rba/content.asp?doc=/rba/content/81797.htm A taxpayer and client of Austral Mortgage, applied for the private ruling to seek confirmation from the ATO that if there was a shortfall between his investment income and his investment outgoings then that shortfall could be capitalised under the home and investment loan & line of credit structure noted in his application.

WEALTH MAXIMISER UPDATE - MAY 2008
Ever since the High Court decision in Hart's case, taxpayers have been seeking clarity from the ATO on the deductibility of capitalised interest in certain loan structures. On 16th April 2008 a favourable Private Ruling issued to an Austral client that provides insight into the ATO's current thinking on the subject.

My Choice
Austral has recently expanded its product offering through its My Choice loan initiative. My Choice provides borrowers with access to a wide range of lenders and loan products for residential, commercial and equipment finance, so no matter what your need our friendly and experienced staff can assist you.

Austral in the Community
Austral Mortgage has been a Principal Sponsor of the Winston Hills Little Athletics Club since October 2006. We are proud to be supporting this community project and congratulate the young athletes of WHLA for their commitment to and successes in the sport.

WEALTH MAXIMISER UPDATE - FEBRUARY 2008
Wealth Maximiser Update 12th February 2008 - We have advice from the ATO that it is well advanced on a binding Tax Determination regarding the deductibility of capitalised interest on a line of credit facility. Borrowers with both a home loan and an investment loan should consider including a capitalising line of credit within their loan structure or at least ascertaining from their lender that they could access such a facility by way of a simple variation of their existing mortgage.

Trans Tasman Finance
Did you know that Austral has a wholly owned subsidiary, Gem Home Loans Limited, in Auckland NZ - we are able to assist with organising mortgage finance for you should you be considering buying property in NZ.

AusComm Finance
AusComm is the specialist Construction and Development division of Austral Mortgage - if you are a developer seeking finance for construction purposes - residential, commercial, retail, industrial - give Peter McAuley a call on 0419 220 630 or email him peter.mcauley@australmortgage.com to discuss your funding requirements.

Mortgage Calculator
A number of excellent resource tools are now available on the internet for people in Australia seeking a loan to finance the purchase of a property or refinance an existing mortgage. One of the most useful and user friendly tools is a mortgage calculator. Before going too far in the purchase and /or borrowing process it is a worthwhile exercise to quickly gauge your borrowing capacity and also determine how your new mortgage repayments will impact on your personal cash flow. Mortgage calculator...

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