Has anybody had any experience with split loans? I read recently that that there has been a new ruling following reinterpretation of ATO regulatons on compounding interest. From memory the Hart's case was disallowed as it was viewed as tax avoidance - they were using the Austral Mortgage Wealth optomiser product to direct all interest payments from their income producing loans (i.e. investment property) to be directed into their home loan and left the interest on their inv. property to capitalise, thereby rapidly reducing their non-deductible debt. Apparently this new ruling in October this year allows the split loan as long as the criteria is adhered to. I looked at the Austral website and they are happily promoting their product again. I'm not sure if the ATO will be appealing again and we may get into a perpetual cycle of appeals which creates lack of certainty for consumer. Has anybody had experience of this product and is it only Austarl that promotes this type of loan?