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Aaah I see , if the goal is to claim maximum negative gearing benefit, then you need to generate more deductible debt and use the surplus income to pay for it. Otherwise , what you are doing is the lesser of 2 evils. By paying into your wife's offset, it is only reducing the tax...

Why don't you have an offset on your IP loan ? Is that intentional to maximise your negative gearing ? If it is, why are you placing surplus into your wife's IP offset ? Recommend you place additional funds into your PPOR offset and allow the best taxation position for you and your wife.