Is BYO finance actually allowed under my salary package?

Yes. Salary packaging rules govern how the lease is administered, not who provides the finance. Administrators package externally-financed leases routinely.

Is a self-managed novated lease the same as BYO finance?

Yes. Self-managed, BYO (bring your own) finance, finance-only, employee-arranged and externally financed all describe the same arrangement: you source the finance on the car and your existing salary packaging administrator continues to run the deductions. The business that arranges that finance for you is sometimes called a third party introducer — that is the role millarX plays, as a credit assistance provider under its own Australian credit licence. Providers differ over which word they use, so being told they do not offer one of them is often a vocabulary mismatch rather than a policy. If one term is not recognised, ask again using another.

Does the WA Government’s salary packaging arrangement allow a non-preferred financier?

The WA Government’s mandatory Salary Packaging Services Common Use Arrangement (CUASPS2017) expressly recognises novated leases using both a Preferred Financier and a Non-Preferred Financier, and its pricing schedule (Table 3 – Special rates for limited salary packaging) lists an administration rate for each. CUASPS2017 also states that financial services are not provided under the CUA. That does not mean every employee has an automatic right to use any financier — your agency’s own arrangements still apply — so ask your agency whether it permits the Non-Preferred Financier option. If the answer is no, ask which provision of your agency’s arrangement prevents it.

Will my administrator push back?

It's business as usual for them — we hand over the documents in the format they expect, and we deal with them directly so you don't have to.

Does anything change for payroll?

No. Your pre-tax deductions, running-cost budgets and reporting all continue through your administrator exactly as before.

What if I leave Western Australian Government?

Same as any novated lease — the finance travels with you. You can re-novate with a new employer or continue repayments directly.

I work part-time / casual — does this still work?

If you're eligible for salary packaging with your employer, you're eligible to BYO the finance. The saving works the same way.

Where does the saving come from?

The finance bundled into a novated quote usually carries a margin on top of the lender's rate. BYO replaces that finance with a transparent millarX loan on the same car and the same term — the management side of the lease is untouched.

Can Western Australian Government employees bring their own novated lease finance?

Yes, with conditions

Yes, subject to specific requirements. Western Australian Government's salary packaging arrangement accepts external finance, but it sets conditions on how — the detail below sets out what we know of them, and your employer confirms how they apply to you.

What this is based on:

WA Government — Salary Packaging Services CUASPS2017 — The pricing schedule publishes a novated lease rate for a "Non-Preferred Financier", and the arrangement states that financial services are not provided under the CUA.

Last verified September 2026. Arrangements change, and they can differ between agencies and business units — your employer confirms what applies to you.

Western Australian Government employees can keep their existing salary packaging administrator and replace only the finance portion of a novated lease with a millarX loan — payroll deductions, running-cost budgets and the administrator all stay the same.

What you need to do

Ask Western Australian Government payroll the question below — One email settles it. We have written it for you — it names no provider, so it is a neutral question about your own arrangement rather than a request to use anyone in particular.
Get a finance quote to compare — Price the car you are actually looking at. You need a real number to put next to the bundled quote — the difference is almost entirely in the interest rate, and that is the part the bundled quote does not itemise.
Hand the approval to your salary packaging administrator — They need written finance approval, the dealer invoice and the lease schedule. We send all three in the format administrators file without asking twice, and we chase what is outstanding rather than leaving it with you.
Everything else stays as it is — your salary packaging administrator continues to run your payroll deductions, running-cost budgets and FBT reporting exactly as before. Nobody at work has to do anything differently.

The question to send payroll

Copy this as it is. It names no finance provider, so it asks about your own arrangement rather than requesting anyone in particular.

I'm looking at taking out a novated lease. Could you confirm whether I'm able to arrange the finance on the vehicle myself — sometimes called a self-managed or BYO finance novated lease — and have our salary packaging provider administer it, rather than using the financier bundled into the quote? If that's possible, what does our salary packaging provider need from the financier to set it up?

The arrangement you are asking for is called a self-managed novated lease. If you want the detail first, how it works, step by step.

See what it is worth before you commit

Upload the bundled quote you are holding and we will line up every contracted dollar against an externally financed lease. No email needed to see the result. Compare my quote.

The swap that could save you thousands

The loan hiding inside your Western Australian Government lease carries a quiet markup. Swap it for a millarX loan — that's it. Nothing else changes, nobody at work does anything differently, and the difference stays in your pocket.

A novated lease is two things. You only need to change one of them.

Every novated lease is finance (the loan on the car) plus management (payroll deductions, budgets, running costs). Your Western Australian Government administrator handles the management brilliantly — but the bundled finance usually carries a hidden margin. BYO swaps just that part.

Your journey, step by step

Quote — MILLARX
Finance approval — MILLARX
Finance settlement — MILLARX
Car collection — YOU
Paperwork to salary packager — MILLARX HELPS. Our automated system guides you through it
Ongoing management — PACKAGER

millarX handles

The vehicle finance & competitive rate
Setting up the lease paperwork
Getting the deal packaged & handed to your salary packager
Re-finance and payouts down the track

Your salary packager handles

Running-cost budgets (fuel/charging, insurance, servicing, rego, tyres)
Your claims & reimbursements
Pre-tax / post-tax payroll deductions with your employer
Ongoing account management & support

Your employer appoints the salary packaging administrator, and whoever it is keeps managing the deductions. Your payslip or HR intranet will name them.

What your salary packager asks for — and how we make it easy

A BYO lease asks your administrator for the same paperwork any novated lease does. The difference is who chases it. Here is every item they'll want, and what happens on our side of it.

Written confirmation your finance is approved: We send the formal approval — lender, amount, term, residual — the day it comes through, in the format administrators file without asking twice.
The dealer quote or tax invoice for the car: We check the invoice is made out correctly before it goes anywhere, then forward it. A wrong purchaser or GST treatment is the single most common cause of a delayed settlement.
The lease documents and lease schedule: millarX prepares and settles the lease, so the schedule showing rate, term, residual and repayment already exists when they ask for it.
A deed of novation for you and your employer to sign: The administrator issues it. We complete the finance side, explain the two pages that matter, and chase the signatures — the employer execution is arranged through your administrator, not by you.
The exact repayment and start date, to set your payroll deduction: We confirm both in writing and time settlement so your first deduction lands on a full pay cycle rather than a part one.
A comprehensive insurance certificate noting the financier: We give you the exact wording your insurer needs to record millarX as the interested party, so it is right the first time.
Your running-cost budget — kms, fuel or charging, servicing, tyres, rego: This one stays entirely with your administrator. BYO changes the finance only, so the budget you set with them is untouched.

Can WA Government employees use their own novated lease finance?

The WA Government’s own salary packaging arrangement (CUASPS2017) publishes pricing for a novated lease using a “Non-Preferred Financier”, states that “Financial services are not provided under this CUA”, and encourages agencies to use multiple providers to offer choice and competition. Whether your agency permits it is a question for your agency — but the framework itself expressly contemplates it.

Western Australian Government employees may have more choice over their novated lease finance than they realise.

The WA Government’s mandatory Salary Packaging Services Common Use Arrangement (CUASPS2017) expressly recognises novated leases using both a “Preferred Financier” and a “Non-Preferred Financier”.

In the current CUASPS2017 pricing schedule, Table 3 – Special rates for limited salary packaging specifically includes:

“Motor Vehicle novated lease Preferred Financier”
“Motor Vehicle novated lease Non-Preferred Financier”

Multiple approved salary packaging providers have published administration fees for the Non-Preferred Financier option.

What does this mean for WA Government employees?

It does not necessarily mean every WA Government employee has an automatic right to use any financier or novated leasing company. Your individual agency’s salary packaging arrangements still need to be considered.

However, it does show something important: the WA Government’s own salary packaging arrangement expressly contemplates a novated lease being funded by a non-preferred financier.

CUASPS2017 also states:

“Financial services are not provided under this CUA.”

This distinction is important. The CUA governs the provision and administration of salary packaging services, while financial services are expressly identified as outside its scope.

The WA Government also encourages agencies to:

“Use multiple providers to offer choice to employees and encourage continuing competition.”

Already have a novated lease quote?

If you’re a WA Government employee and have received a novated lease quote from Maxxia, Paywise, RemServ, SmartSalary or another approved provider, you can ask whether your agency permits the Non-Preferred Financier option identified in CUASPS2017.

millarX can independently compare the finance component of your proposed novated lease and show you the difference in dollars.

Compare the finance in your quote

If our finance is more competitive, you can then ask your salary packaging provider or employer whether it can be administered as a non-preferred financier novated lease under your agency’s CUASPS2017 arrangements.

Why BYO novated lease finance matters

A novated lease can involve two separate components: finance and salary packaging administration.

Using an approved salary packaging provider does not necessarily mean the finance has to be sourced from that provider’s preferred financier.

That distinction is particularly relevant in Western Australia because CUASPS2017 itself publishes pricing for novated leases involving a Non-Preferred Financier.

Before accepting a quote, WA Government employees should therefore consider asking:

“Does my agency allow me to use a non-preferred financier for my novated lease under CUASPS2017?”

If the answer is no, ask the agency or salary packaging provider to explain which provision of your agency’s arrangement prevents it.

Source: WA Government — Salary Packaging Services CUASPS2017. Government of Western Australia, current Buyers Guide, including “Out of scope activity”, “Making the most of this contract” and Table 3 – Special rates for limited salary packaging.

Already holding a bundled quote? Prove it against ours.

Drop the quote in and we'll line up every contracted dollar against a millarX BYO lease — in plain English, no email needed to see the result. Compare your quote.

People who BYO'd and kept the difference

I cannot speak highly enough of the team at MillarX, and the founder Ben. Like a lot of people, I was locked into a particular novated leasing company as dictated by my employer. The car finance portion of the contract they offered did not look competitive compared to other options. I thought that I just had to accept it and look at the savings in income tax as a bonus to offset the fact the finance portion of the arrangement was not as sharp as some other lenders. A work friend put me on to MillarX, and all the info they have on their website about BYO finance. The staff I spoke to at the novated leasing company were either willfully opaque or perhaps just woefully ill informed, but three different people I spoke to made it sound like that was NOT an option, but Ben explained it all to me and once I understood, I had the confidence to call back and insist I speak with someone about the BYO finance option. Ben saved us over $10k in repayments on the car loan over 5 years!! Ben is very patient, transparent and aims to make you feel informed and empowered to make smart choices. Do not accept a terrible interest rate out of the gate from a novated leasing company — find out if you can BYO finance, and make sure you contact Ben for a quote.
Fleur Bedford — 5-star Google review

GOATed novated leasing experience. Full transparency, no pushy sales tactics, and reasonable rates. Can't thank the team enough for sorting out my NL in 2 business days. Incredible.
Hudson Yao — 5-star Google review

Fair questions

Is BYO finance actually allowed under my salary package?: Yes. Salary packaging rules govern how the lease is administered, not who provides the finance. Administrators package externally-financed leases routinely.
Is a self-managed novated lease the same as BYO finance?: Yes. Self-managed, BYO (bring your own) finance, finance-only, employee-arranged and externally financed all describe the same arrangement: you source the finance on the car and your existing salary packaging administrator continues to run the deductions. The business that arranges that finance for you is sometimes called a third party introducer — that is the role millarX plays, as a credit assistance provider under its own Australian credit licence. Providers differ over which word they use, so being told they do not offer one of them is often a vocabulary mismatch rather than a policy. If one term is not recognised, ask again using another.
Does the WA Government’s salary packaging arrangement allow a non-preferred financier?: The WA Government’s mandatory Salary Packaging Services Common Use Arrangement (CUASPS2017) expressly recognises novated leases using both a Preferred Financier and a Non-Preferred Financier, and its pricing schedule (Table 3 – Special rates for limited salary packaging) lists an administration rate for each. CUASPS2017 also states that financial services are not provided under the CUA. That does not mean every employee has an automatic right to use any financier — your agency’s own arrangements still apply — so ask your agency whether it permits the Non-Preferred Financier option. If the answer is no, ask which provision of your agency’s arrangement prevents it.
Will my administrator push back?: It's business as usual for them — we hand over the documents in the format they expect, and we deal with them directly so you don't have to.
Does anything change for payroll?: No. Your pre-tax deductions, running-cost budgets and reporting all continue through your administrator exactly as before.
What if I leave Western Australian Government?: Same as any novated lease — the finance travels with you. You can re-novate with a new employer or continue repayments directly.
I work part-time / casual — does this still work?: If you're eligible for salary packaging with your employer, you're eligible to BYO the finance. The saving works the same way.
Where does the saving come from?: The finance bundled into a novated quote usually carries a margin on top of the lender's rate. BYO replaces that finance with a transparent millarX loan on the same car and the same term — the management side of the lease is untouched.

Ready to keep the difference?

Request a BYO finance quote — we'll price the car you're looking at and show you exactly what to hand your Western Australian Government administrator. enquiries@millarx.com.au · 1800 498 500 · ABN 15 681 267 818 · ACL 569484