Income

Overview

Each applicant has their own corresponding accordion
The last accordion displays rental income (if any)

We display both the declared income (income the customer has declared) as well as identified income (income we have identified from a 3rd party data source).

Identified income is annualised based on 3 months of data captured from the customers bank statements if the customer elected to provide it.

Quick tip: refer to the table to below to understand the difference between declared and identified values for PAYG Salary and Rental Income.

Income Type	Declared Value	Identified Value	What this means
PAYG Salary	Gross (pre-tax) as declared by the customer	Net (post-tax) paid into their connected bank accounts	Use a net to gross income calculator to compare the two values
Rental Income	Gross (pre-expenses and agent fees) as declared by the customer	Net (post expenses and agent fees) paid into their connected bank accounts	Compare the gross value to the CoreLogic Rental Estimate (if available) Compare the gross and net values to estimate investment property expenses