Terry an FMD is  a essentially  a term deposite that must meet certain requirements, designed to even out yearly cashflow variations for primary producers, so instead of being in the   47% tax bracket one year then zero  the next  two years.  Money put in is not taxed,  it is taxed when it is withdrawn. Minimium term is 12 months  It may have changed but the minium primary production  turn over required was about 20k.        In  IP terms it is a tax free buffer , you only pay tax on the interest earned.     One thing people fail too realize is that as the money hasnt had tax paid on it , a  6% interest rate is as good as , 12%  on money that has  had the top tax rate paid on it.   Banks  arent allowed to use FMD s  as colateral  for a loan by law, but of course they do take it into consideration.

                              There is a huge difference  You  dont  need cash flow to service a LOC.   Interest can just be added to your account.   Which means you have money available for other investments with which you can claim more deductions and increase  asset growth.   This  is the key to wealth production.      Isnt there limitations on transactions you can make with an offset.   Tax wise there is no difference  if you use a coding system every transaction is given a code and what is deductable can be deducted.    If you have your loan fully offset  what is the point of the loan ?  There is also oppurtunity cost having money sit in a bank account.

Jason Bibby @ JB Global, 6 Riverside Quay South Bank.   He has a performance based fee. He can provivde high leveraging (100% LVR)  low interest rates and capital protection.

 I went to an open in an area I wanted to buy the agent never mentioned the house around the  corner they had listed  , so I went and  knocked on the door   the vendors wondered why they never had any inquiry  for the many weeks it had been listed and where staggered when I told them of the atitude of their RE .  They were desperate to sell as they were relocating for employment  ( the next day)  and could not make their motrtgage payments.    offered a fair price with the condition of  acess with in one week and a 3 month settlement, accepted imediately.  Deal done in a few minute, as it  was  positive cashflow I went to a devolper to  look at other oportunities found he was keen to to tidy up and finish a devolpement  as he had ran out of funds to finance his next project  to keep his  workers  emloyed and stop them  running off, so I bought 2 proprties in about 2 hours.     Idiot RE lost a lot of commission.

 Land available for residential development like 30 years worth.  No scarcity value. Plenty of builders, competition means low buiding costs, means it is better to build your own house than buy one.  Shortage of workers retarding buisness  and economic  growth.   Local council may allow residential homes on small rural zoned blocks.  Despite green retohric from government backflip on solar energy grant.           I think  you should look at Swan Hill in preferance to  Mildura     Angel.  While land other than   Tower Hill is still available.   There is only one way the city can grow  Flood plains on 2  sides and river on one.   Council owned development on the other. some of whom happen to be involved in real estate      Back wards or deliberatly difficult council wont release enough land for development, and their requirements to get a building permit are far more stringent thean in there own development.  I would expect land prices to start climbing. Just my opinion .     There is still very limited land available near the river at reasonable price but I dont expect that to last long.  There is a shortage of good rental accomodation and there have been large influx of immigrant workers there in the last 18 months.

 Here is a hint   Zaul, to invest you need capital and cashflow.  Did you think about starting a buisiness there are opportunities every -where. I come across them almost every week   As you  have connections in Canada and australia I will tell you about one that involves these countries.   You should be able to buy grain augers in canada for about 3k in flat packs ship them to australia assemble them your self or pay some-one a couple a 100 bucks to assemble, should only take about a day.    Sell them for 7-12k.  I know a guy younger than you doing this some weeks he makes over 10k, if  he sells 3   Simply by recognizing  oportunity.  This is probably the first and last time any-one will tell you about opportunity like this, any good deals, most people will keep them to themseves you have to get of your arse  find them for yourself and act.  You need to put in  some effort yourself.  

   Clarke, Philippines  got  8 bedrooms for 50k and incredible CG. 

 I would consider  being shop assistent for the same pay as the old age pension, flipping houses in the hope of making 10k,  needing a mentor and then wanting to retire in  6 years as a  great lack of  ambition and vision.  Since when  has looking a head only 6 years been great vision?     Then wasting the next 60 years great ambition ?

 I would be buying shares at least buy 10 or 20k, consider using put options which is like giving away 10% of your profits to insure against fall in price. There can be  large oportunity costs holding savings. If you want to invest in property you will need a buffer, shares  are a good buffer.  While there are exceptions and bargains do pop up , generally i dont thnk now   is not the best time to be investing in property although it appears  builders  are reducing their prices, as the FHG building flurry is done.  You can get good leverage for small outlay and minimal risk with shares.   I consider property a long term investment for those on higher income in the current climate, having said that it is good to get a foot in tbe door with property.  I would be looking at regional areas at the momment some  have had stagnant growth but yeilds are increasing but prices have started kicking up in the last few months. The last place I would be investing is student units  anywhere, or houses in outer suburbs, unless you know the area and know you have good value.

That is not accurate in 1983  their was  great buying,with some states such as california bankrupt and public servant not getting paid and  A$1.00 buying US1.30.