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Yes life is full of uncertainty if you look for it. However my gut feeling is that the government is more likely to change the rules on negative gearing or CGT than on NRAS, and yet many of us have been happy to base our strategies on those two going on indefinitely. If the NRAS money...

ATO asked for a whole stack of documents to be provided which I did. The assessment that came back didn't raise any issue. I can only assume that an audit did take place but I’m not sure to what extent, hence “mini”.

Done 4 years worth of tax returns over a number of NRAS properties. No issue was raised wrt the above ruling including during a mini-audit. Relax, wait and see.