“Our $1,000 instant tax deduction will benefit 6.2 million working Australians… will make tax time simpler and will save taxpayers time and money”
Australian Parliament: House of Representatives · Question Time | 14th October 2026
Play from 1:15:41
1:15:41
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What was described
introduced a $1,000 instant tax deduction for working Australians
$1,000 per taxpayer, 6.2 million workers
Said nearby on the same subject
“Debt recycling… $500,000 non-deductible mortgage, got 50K in savings… split it… now $450,000 and $50,000 and then go invest the 50K into shares… now you have $450,000 non-deductible debt and 50,000 tax deductible debt”
PN
Pat Noll
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“Fundamentally that is why we introduced Free TAFE. To break down the barriers that held Australians back and to back more Australians into the jobs we need. Already there are more than 850,000 enrolments across the country. 275,000 courses have been completed growing every week.”
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Said on Australian Parliament: House of Representatives
Business model850,000 enrolments across the country; 275,000 courses completed; 11,0…Share this moment
“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
“We typically find $1,400 a year in lost taxes… we run you through our 47-point tax checklist and typically find anywhere from $3,000 to $10,000 worth of deductions.”
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Libby Greiwe
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