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Picture Book · Debt recycling

The big idea

Story pages

A couple in their forties standing at the front gate of a brick home with a lemon tree
Meet Priya and Tom. They're in their forties, with a home loan and some savings.
A cosy lounge room with a sofa
Interest on their home loan isn't tax deductible, because the home is for living in.
A wooden water wheel turning slowly beside a small creek
Debt recycling means paying the home loan down, then borrowing that amount back to invest.
Two glass jars on a bench
Over time, more of what they owe becomes investment debt and less is home debt.
A small seedling growing in a pot on a sunny windowsill
Interest on money borrowed to invest for income can be deductible.
A couple in their forties reading together at a kitchen table
But it's borrowing to invest, so it comes with real risks. They want to understand both sides first.

The end

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General advice warning. This picture book is general information only. It does not take into account your objectives, financial situation or needs, and it is not personal advice. Rules and thresholds change. Before acting, consider whether it is right for you, read any relevant Product Disclosure Statement and our Financial Services Guide, and seek personal advice. Past performance is not a reliable indicator of future performance.

Information as at 27 October 2026. Sources:

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