The ATO Commissioner’s updated comments regarding non-ADI offset accounts suggest these arrangements should be carefully ...

In the buy-to-let (BTL) market, an offset mortgage can be a beneficial option for landlords, though it is not widely ...

For most people with a mortgage and offset account, the goal is to maximise cash in the offset in order to reduce the interest they pay on their home loan. A strategy some swear by, to achieve ...

pocket over the course of a year if the Reserve Bank decides to drop the cash rate by 0.25 per cent on the 20th — and banks decide to pass this on to borrowers. It’s double that if they issue ...

A loan offset is a financial arrangement in which a borrower uses the funds in a savings or transaction account to offset the balance of a loan. The borrower's account is linked to their loan ...

A small change to your payment frequency can mean a big change to your future financial position. An offset account is one of the most powerful tools to get debt free faster, but most people don’t use ...

CBA and ANZ’s loans can include an offset account for $10 a month, while Westpac’s does not. CBA’s subsidiary, Unloan, offers a lowest rate of 5.74 per cent, while NAB’s subsidiary ubank ...

If you've got a mortgage, a 100% offset account might be a better destination for your cash – keeping your money in an offset can help you reduce the amount of interest you'll pay over the life of ...

We set up a home loan with an offset account and she followed a bucket strategy for saving and repaying her mortgage,” says Gross. This included funnelling funds each month into separate ...