Hi, I am waiting for an off the plan to complete expected around end of September early October. My question is all my current investment loans are on fixed 4.09% IO. I do not have any outstanding amount on my Owner Occuper loan. I called my bank to see how much I can save if I set up a offset for one of my fixed rate investment loans (or MISA they call it) to park my extra savings there till the off the plan nears settlement then I can use the funds for my deposit. They advised it will only be a partial offset if I set it up against a fixed loan (only 1.5% off the rate so 2.59% will Still be charged). What would be the most ideal option from a tax perspective? I was thinking of parking the extra cash temporarily in a high interest savings account which pays 3.05%. The extra cash may be around $20,000 assuming the off the plan is all done by end of September. Shares is another option but I don’t want to risk it as I need the cash when settlement nears. Any other suggestions?