Australian Finance Podcast cover image

Should Owen use equity from his property to buy a farm? Mortgage Broker Chris Bates explains the pros and cons of equity release

Australian Finance Podcast

00:00

Considerations for Borrowing Money with New Business Income

The chapter delves into the considerations of starting a new business and how the income from it can impact borrowing opportunities. It stresses the significance of maintaining an ABN for at least two years and demonstrating a stable trading record to enhance loan approval odds, while also touching on the tax reduction versus wealth scaling dilemma.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app