The Great Australian Nightmare is when a person with a growing small business decides to pay off their home loan and chase the Great Australian Dream. In most cases they are inadvertently paying 100’s and 1000’s too much in tax and there’s nothing sweet about that. They should be thinking the opposite. DON’T pay off your home loan. Instead put spare cash into investments and you will likely save 15 to 20%. Where can you find returns like that? And all because you are not chasing the Great Australian Dream and taking quality tax advice….I explain more here….
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