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That's not quite correct. If I borrow against my PPOR to find an investment then the interest on that debt is deductible. Actual debt (the capital component) is never deductible regardless of the purpose.

Sorry. At my age I'm starting to forget some of the posts I've made in the forum :(

I remember the day I woke up a millionaire. He was quite upset about it.

I also woke up a millioaire... and he wasn't very happy about it.