Well I must say I wasn't expecting this...now I am a bit lost as to what to do..
I can go ahead and buy my 30k worth of mid caps and when tax time comes around next year and I will claim the interest as a deduction even though most likeley I have received no dividend yield although I don't really have an idea of the ramifications on such a course of action. I would imagine that the ATO has bigger fish to fry? I need some serious advice as to what I can do or any loopholes, I guess I better go see a financial adviser?
