Time to review your Div 7A loans

But is it time to review the strategy? From 1 July 2023 the Division 7A interest rate has increased from 4.77 per cent to 8.27 per cent, with the possibility that the rate will increase even further. 

This provides an opportunity for you to meet with your advisors to review the loans you have in place and strategise around the best approach to dealing with this period of increased interest rates.

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Should you wish to discuss this further in relation to your individual circumstances, please reach out to a member of our team to book in a meeting.

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