General information only — not financial or tax advice. Consult a qualified tax adviser or accountant for personalised guidance on your investment property structure.
Yes — but doing so destroys the tax deductibility of the redrawn amount. The ATO denies interest deductions on private-use borrowings. This is an irreversible contamination requiring careful apportionment.
Interest-only loan with a 100% offset account is typically most tax-efficient. Pay interest on the full balance (maximising deductions) while savings accumulate in the offset.