The purpose of this section is to identify the major assets that you own. Choose the response that suits your situation by clicking in the box. If you hold assets that cannot be easily described in this section, please enter the details in the Comments section on the last page of this application.
Address of property:
Enter the unit number/street number, street name and suburb of where this property is situated.
If you have a Property name or a rural Road Mail Box (RMB) address (not a house number), enter the name of the property, the RMB and the street name in this field. Also include the suburb of where this property is situated.
State:
Select the state in which this property is situated.
Do you have a mortgage over this property?
Select 'Yes' if you have an existing mortgage over this property.
Select 'No' if you do not have an existing mortgage over this property.
Monthly rental income:
If you are renting the property to a tenant and do not occupy the property yourself, then enter the amount of rent you receive for the property on a monthly basis.
Applicant's share:
Enter the amount of the Market Value which represents how much the applicant owns. For example, if a property is worth $100,000 and the applicant owns 100% of this asset, then the applicant's share will equal $100,000. If the applicant owns 50% of the asset, then the applicant's share will equal $50,000.
Ownership:
Select who owns the property. It may be owned jointly or by one of the applicants.
Market Value:
Enter the estimated value of the property.
If you own more than one property, click on 'add another property'.
This would include deposit accounts, cash management accounts, credit union accounts, etc.
Bank/Institution: Name of the bank, building society, credit union, etc., where your account is held. For accounts held overseas, please also state the country in which the account is held.
Account type:
Click in this box to choose the type of account you have.
Account Number :
The account number also includes the Branch number (or BSB number). The BSB number (which appears before the account number) and account number can either be obtained from the bottom of your deposit book, cheque book, passbook, bank statements or from your Bank/Building Society/Credit Union. For accounts held overseas, please state the full account number.
Ownership:
Select who owns the account. It may be in joint names or in the name of one of the applicants.
Balance:
Enter your current account balance.
Description: The description will be the name of your investment. For example, BHP shares.
Ownership:
Select who owns the shares. They may be in joint names or in the name of one of the applicants.
Value:
Enter details of the cash value (which is the current market price) of your investment.
Description:
The value of your Life Insurance/Superannuation is the surrender value or the amount that you would receive if you "cashed it in".
Ownership:
Select who has the life insurance. It may be in joint names or in the name of one of the applicants.
Value:
Enter details of the cash value (which is the surrender value) of your life insurance/superannuation.
Enter details on any vehicles you own, including any vehicle which will be used as a trade in.
Make:
Enter the name of the car manufacturer, eg Holden, BMW, Ford.
Model:
This is the type of car, eg Barina, 328I, Falcon.
Ownership:
Select who owns the vehicle. It may be in joint names or in the name of one of the applicants.
Value:
Enter the market value of the motor vehicle.
Asset type:
Select the most appropriate category for your asset.
Description:
Enter the description of the asset (eg lounge suite/coin collection/computer).
Ownership:
Select who owns the asset. It may be in joint names or in the name of one of the applicants.
Applicant's share:
Enter details of how much of the asset belongs to you eg if an asset is worth $20,000 and you own 100% of this asset, then your share would be $20,000; similarly, if you owned 50% of this asset, then your share would be $10,000.
Guarantor's share:
Enter details of how much of the asset belongs to the guarantor eg if an asset is worth $20,000 and the guarantor owned 100% of this asset, then the guarantor's share would be $20,000; similarly, if the guarantor owned 50% of this asset, then the guarantor's share would be $10,000.
Value:
Enter the market value of the asset