“When we combine this with our other tax cuts and the $1,000 instant tax deduction”

Australian Parliament: House of Representatives · Question Time | 29 October 2026

Play from 44:40
44:40

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What was described

offered a $1,000 instant tax deduction to workers

$1,000

Said nearby on the same subject

“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”
♫
Said on Australian Parliament: House of Representatives
Pricing $1,000 per taxpayer, 6.2 million workers Share this moment
“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
Equity Mates Investing Podcast ·
How they work $500,000 non-deductible mortgage, $50,000 savings → split to $450,000 … 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”
AG
Aidan Gullman
Financial Autonomy ·
Why it worked $200,000 Share this moment
“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.”
LG
Libby Greiwe
The Efficient Advisor: Tactical Business Advice for Financial Planners ·
How they work $1,400; $3,000-$10,000 Share this moment

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