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Not really.

On second reading it seems you have already 'invested' or spend the money. This is not able to be fixed because you have already acquired the item. You would have used part borrowed money and part cash to do this. It will be a nightmare to work out too.

If you set up a new loan split and then use the funds to invest directly from the loan account you can trace the borrowings to the investings. But if you deposit borrowed money and put it in a savings account (offset) then you have taken a major detour. If you have put it into an account with...

Self assessment. ATO doesn't measure anything. You must prove to the ATO your own calculations if audited. You should not be increasing loans but splitting loans so each relevant portion is separated and then the interest will be clear for each part. if you increase an existing loan you...

Increasing loans will result in higher interest. But the increase is new borrowings and the extra interest will only be deductible if the borrowed money is used for investments.

No you cannot do this. But you can borrow to invest and if the investment results in a loss (negative gearing) this can reduce your taxable income and thereby safe you tax.

It is 100% deductible. This means you can claim the whole fee. But doesn't mean you will save the whole fee in tax, but it save your marginal tax rate x the expense in tax.

Any expense incurred in producing assessable income.

Tax paid depends on the amount of your taxable income. So the obvious way to reduce tax is to reduce your taxable income. This can be done by 2 ways: 1. Earn less money or 2. Claim more deductions Earning less money could be done via: 1. Reducing hours worked 2. Reducing hourly rate...