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Thanks Rowdy. See Aussies are an inventive lot. For every law there is a loophole and someone willing to exploit it. Does this fix your problem DanielG? ;)

Dazz, you are of course quite correct. I should have more correctly said "growth investors" or "investors like me". There are as you say, plenty of elderly living off rental income and CP investors like yourself who do like to live off rentals. Please accept my apologies.:o

Agreed :D. This is the same Daniel G that was so glad not to have purchased any more IPs because the Henry review might do something with neg. gearing or land tax or some such other thing that was not even tabled yet - let alone passed into legislation. :p Life isn't to be taken that...

Yes, serious but under present laws they need to seek LL's approval....so you'd know about it........if they tell you :p Daniel, you need to relax a bit. Investors are in the capital growth business not the rental business. Tenants are just there to help you hold proprerty long enough for the...

I tend not to read the tabloids but have just now so I can respond - old news really - known about it for months. Sure they can do that now, but they have to put it back when they move on. OK so worst case scenario is the place needs a repaint at end of tenancy - I tend to do that anyway for...

I think you'll find that tenants have been able to sub-let for quite some time (years) Daniel - and the sky hasn't fallen in yet ;) - and property went up 12% in Sydney last year in spite of it - stay cool :)