My monthly statement for I/O loan shows how much interest you need to pay and how much you have saved by having the offset account, it's great to see how much you're saving each month!

Thanks, everyone for your replies, you've given me hope!Tracey, that wall looks good.

Thanks JacM, yes, they are a horrible veneer – will ask at the paint shop.

HBay wrote:
I need the same advice, although I am buying an investment property.  My settlement in currently 25 June, however will the stamp duty decrease for me if I settle after 1 July. any help will be appreciated.  As I read it, it is for owner occupied only.

 Owner occupied only. I think it's based on contract date, not settlement date.

I'm not sure, I was looking into the same thing myself today – hopefully someone will come along with an answer soon.

NM7 wrote:
What happens if one overestimates expenses & underestimates the income to the point that they end up with a tax bill? Do you get penalised for the incorrect estimates?

This happened to us last year, got a payrise but didn't update with the ATO, there was no penalty, we just had to pay the tax bill which was a couple of hundred…[Read more]

Another vote for Richard

I do mine myself online, it's easy and free, you don't need an accountant to do it.HTH

Qlds007 wrote:
AMP were out to 19 working days to look at a deal until recently and even though they ended their 5.99% 3 year fixed rate are still at 9 working days. With a 14 day finance period you have no chance of getting the deal approved within the time frame even assuming everything was ok.

What would be a good finance period to put into…[Read more]

Lefty wrote:
Hi Amanda I use regional insurance brokers who use vero policy (sister company of suncorp). You wil find you will get the same cover with vero as you will with suncorp, but half the price. You will expect to pay higher insurance if you are in flood area( higher risk equals higher fee) Make sure you read through the policy terms…[Read more]

camjanice wrote:
Yes, very happy with mine, new property completed in December with great corporate tenant, 12% gross yield in furnished house.

That's good!

The rates are expensive….

Thanks camjanice & wakebrownb – good to hear. Are you happy with your IPs?

camjanice wrote:
We use Suncorp in emerald, only jsut recently insured there and they do cover flood.  I think Westpac was the only other one who will insure in Emerald. 

Thanks. Were they reasonable in cost – I know 'reasonable' is very subjective!

Portfolio PI wrote:

amandaj wrote:
HiJust looking into Emerald and doing some costings etc. For those who have IPs in Emerald, who do you use for your landlord insurance?Suncorp wont provide insurance based on the postcode (due to flood risk I guess), and NRMA gave a quote of over $3000 pa – obviously this would vary based on size of house,…[Read more]