"On 1 April 2017 Brad's wife borrowed $75000 from Montgomery's Pty Ltd. The interest rate on the loan was 4%.

"On 1 April 2017 Brad's wife borrowed $75000 from Montgomery's Pty Ltd. The interest rate on the loan was 4%. She used $20,000 to buy some BHP shares and the balance to reduce the mortgage on a rental property she owned. At the 31 March 2018 the loan was still outstanding."

My question is: Is this a loan fringe benefit or exempt loan benefits?