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Yes, do a simple increase on the existing loan (unless there's a compelling different reason to refinance). Leave the funds in redraw and simply draw them down as you need them. Only use the funds for improvements on the property and you'll have no issues with deductability if it applies...

Sorry, I misinterpreted. In that case it's an improvement so the same applies as to the fence, etc. A small top-up would likely suffice to cover all this.

The carport and fence look like a simple top-up of the existing loan. Given it appears they're for the same property as the existing loan, the purpose of the loan is essentially the same purpose of the top-up, so in the absence of further information there doesn't appear to be an issue with...