“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”
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Said on Australian Parliament: House of Representatives
Australian Parliament: House of Representatives · Question Time | 29 October 2026
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offered a $1,000 instant tax deduction to workers
$1,000
“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”
“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”
“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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