Wow, that is a bold comment without seeing the documents. I don’t think it is that simple and I was going to refer you to the same document as crj above.

you only need to be licenced if you intend to give financial advice.

Change of title could result in stamp duty, CGT/Income tax and GST – even if there is no ‘sale’. But the deed of partition may save you against all of these. Did you get legal advice on the GST and GST aspects as well as the stamp duty?

Yes still possible if before settlement. You will need to see a good property lawyer = around $5k to $10k all up

Yes.

Assingment needs to occur at the time of purchase by the parties entering a deed. Failure to do this will mean there is a transfer from A and B to A and from A and B to B. Stamp duty, CGT and GST may apply.

multiple land tax thresholds (some states), asset protection, estate planning, joint ventures, easier transfers to a SMSF (unit trusts), stamp duty savings etc

Yes you will need their permission as they have possession of the property. Check out the residential tenancy act.

Did you have a deed of partition set up? If you end up with one property each that would be a change of title and a dutiable transaction. CGT would also apply. Maybe GST even.

Good work – what would the PPOR you sold be worth now and do you regret selling?

There is no right/wrong answer as to fixing variable. You may want to fix if you think rates may go up again in the next few years.

no need for an offset on an investment loan unless there is no non deductible debt.

Your statement doesn’t follow on from the discussion.

No clients are not the public at large, but those who contract with the broker.

No double edge sword. This is commercially sensitive information and aggregators would be prohibited in making it available to the public. There is no legislative requirement to notify the public either. It would be made available in the contract you would potentially enter with an aggregator though.

Make sure you disclose to the lender.

its hard to say as that information is not given out readily. Generally commissions are probably similar, but there are volume bonuses given to aggregators by some banks. Best to email a few and ask for their commission schedules.

You must make reasonable enquiries – see the NCCP and regulations.

Charlie X – what would you do if you suspected a client was attempting to fraudulently borrow money from a lender?

Maybe best to keep it in a high interest account for a bit and try to qualify for a loan.

Best not to mingle her money with yours either as you may be able to lend to each other down the track – tax strategies.

Do you have an existing loan and/or offset?

Lenders need security (in the legal sense) for their money.

Wanting to be a broker I though you may already know the basics?