Borrow against Australian property for the purchase?

Yes it could make a huge difference. I started a thread on here about 6 months ago about this exact thing.

Keep in mind any transfer would be a CGT event and a dutiable transaction.

First check that they are licensed to give tax advice or not. Only lawyers or tax agents can give tax advice. Financial planners cannot give tax advice unless they are either a lawyer with a practicing certificate of a registered tax agent – some are.

If they are not licensed then don’t consider them any further. If they are then investigate further.

Could the lesser performer become the greater performer in the years ahead?

Loans must be secured against property, unless they are personal loans?

Which would release more funds after repayment of the loan and CGT?

Some more things to consider:
. Which will result in the greater amount of cash released?
. Which will result in the least amount of cgt?
. Any land tax differences?
. both owned by same persons?
. What loans are they securing?
. Could you keep one of the loans open and substitute securities?
. Instead of selling could you borrow somehow? Another party involvement etc.

One example of how you could structure it is
Ian owns 90%
Dad owns 10%
Tenants in common
Both incomes used for servicing

Later Ian’s income increases.
Ian buys Dad’s 10% for market value. CGT and stamp duty will be minimal as just on the 10% portion.

Banks don’t care what you pay yourself from a company which you own as they will look at the company financials as well. If you are being paid from a company which you do not own then this is employment income possibly.

Banks must follow the laws in lending and they won’t lend to you if they think you cannot afford to pay it back.

What sort of investments? Many banks will lend on dividend income but it won’t be easy without a job.

I answered this above

May not be a good idea to have just one loan as it would then be a mixed purpose loan which can create tax issues, especially if one purpose is not deductible.