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Never say never but if it was claimed earlier then get that reversed if possible http://www.ato.gov.au/General/Correct-a-mistake-or-dispute-a-decision/Dispute-(object-to)-an-ATO-decision/?anchor=P1240_79549#P1240_79549 Dispute it and get a proper resolution or seek a Remission in the...

Did you have an accountant do it? It doesn't seem quite right does it? Generally you get to claim the interest in your tax as a loss so if that had been done then you would have been at 0 now. I think you can query this via your accountant.

I'm glad you finally manned up and sorted it out - that type of debt could have wrecked your life and was only growing by the day. I'm amazed you managed to bury your head in the sand as long as you did. Hind sight is pretty clear on this and would have been a lot easier to sort out in 2008...