How do banks assess income from bank share dividends? Is an averaged out income of $200/week from dividends considered the same as $200/week of income from a job?

Hi PJ,
If you can demonstrate the share income over 2 years using tax returns it can be used the same way as PAYG income with most lenders
If it is less than two full financial years it may only be accepted at the deeming rate for interest income.
All lenders will have slightly different policies
Cheers
Scott

If declared in tax return then averaged over the past two years