I agree it is similar and I think the right result. The difference is that borrowing costs such as LMI, loan establishment fees etc have a...
Hi Terry My thoughts were that having not paid the interest you may not be able to claim it. I can't find any tax rulings on the topic though, so...
The problems I see with the banks doing this is: a) it reduces the equity available to you from refinancing the loan because it reduces the...
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