Well for this particular strategy I am classified as an investor...

Well for this particular strategy I am classified as an investor as I plan to hold for 1-3 years.

So what you're saying is interest can be used against other income as long as there is a 'genuine intention' to receive dividends.

This seems like a bit of a grey area, I mean if , according to your own research you believe a company will be paying dividends in the near future but it turns out that they dont, wouldn't that still be technically classified as genuine intention? Would the ATO really go to such great lengths into investigating a small fry like me with a 30k loan buying mid cap growth stocks?