LOANS FROM RELATED PARTIES	12 Months Ended
LOANS FROM RELATED PARTIES	Sep. 30, 2019
LOANS FROM RELATED PARTIES
NOTE 5 - LOANS FROM RELATED PARTIES	Principal Shareholder and Affiliates As of September 30, 2019 and 2018, the Company had loans outstanding from related parties of $49,484 and $94,509, respectively and made no payments on such loans during the respective periods. As of September 30, 2019 the Company owed $6,850 to Star Wealth Capital Group Limited, a Hong Kong company (“SWCGL”) and $42,634 to Mr. Yik Kei Ong. Both SWCGL and Mr. Ong are affiliates of the Company’s controlling shareholder, Smart Mate Limited, a Seychelles company (“Smart Mate”). As of September 30, 2018, the Company owed $86,459, $6,850 and $1,200, respectively to Mr. Ong, SWCGL and Smart Mate. These amounts are unsecured, non-interest bearing, and due on demand. On April 8, 2019, the Company and Smart Mate entered into a Loan Conversion Agreement pursuant to which Smart Mate converted $97,559 in outstanding loans to the Company in exchange for 19,511,800 shares of common stock of the Company. On April 8, 2019, a total of $110,633 was owed to Smart Mate by the Company (which includes loan amounts owed to an affiliate of Smart Mate which were assigned to Smart Mate prior to the conversion). Prior to that date, Mr. Ong assigned to Smart Mate all of his rights to the $97,559 loan amount. During the year ended September 30, 2019, the Company received $52,534 in additional loan proceeds from Mr. Ong. During the year ended September 30, 2018, the Company received $62,994 in loan proceeds from Mr. Ong and $6,850 in loan proceeds from SWCGL. The advances made by SWCGL were made on behalf of Smart Mate. The loans were unsecured, non-interest bearing and due on demand.

STAR WEALTH GROUP INC. 10-K