Jokes aside,

The biggest issue with the DHOAS subsidy (besides having to use only the NAB) is that it doesn’t have the option to go interest only if your using it for a IP. If you were to go down the route of 1 x PPOR and 1 x IP it wouldn’t be a drama, using the subsidy and grants on the PPOR and then getting an interest only loan for the IP.

Remember you also need to live in it for 12 months to get DHOAS so if you aren’t posted to Brisbane then you won’t qualify for it, though you can use it whenever you want disregarding if you already own a property or not.

Having gone down this path before, although my deposit wasn’t as large, I bought a place in SE QLD lived in it for 12 months, and qualified for the double first home buyers, DHOAS and HPAS (thanks Kevvie but you still ruined the country). Posted to Darwin and have rented it out for the last 2 years and have it nearly cash flow positive, the only bug bear I have is that now I can’t move it to a interest only loan and still receive the DHOAS subsidy which as you know is quite sizable.

I’ve been paying extra off, with the subsidy works out at about an extra repayment a month, to build equity. I’m going to scale those back as of next year and pay only the minimum with the ‘extra’ going into the offset account so it is still working against the loan interest anyway. With the view to getting another property in the next 12 months or so.

Sorry I have highjacked your thread with my story mate but I hope it helps a little.
The offer is still open to live in my place, get that boat and we’ll go on holidays and leave the girls at home haha

By its very nature it will bottleneck speeds. It is also very suspicious that they are keeping the list of blacklisted/banned site secret, I dont particularly want everyone (me included) to know all the peado sites out there however what stops the from banning any site with no explanation.

I cant stand Conroy and his ineptitude, however his latested idea about FTTP on greenfields suburbs is a bloody great idea.