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Hi sunfish, Thanks for your reply. For the record all my shares produce income and are fully franked. I use them for income and CG and have interest cost against them. I claim the interest. Was this type of scenario affected in 1985 along with the changes to NG on property. I was not an...

When they abolished NG on rentals in 85 does any one know what the status of NG was in relation to shares? Most margin loans are neg geared as dividends rarely cover interest costs. MJK