I just read about debt recycling. Does anyone implement this strategy? My understanding is you can redraw against your principal place of residence home loan, use that money to invest and then claim the interest as a tax deduction (on the redraw portion).
Does anyone know if the maths works out beneficial if you keep aggressively paying down the loan and redrawing until the entire home loan interest is a tax deduction? Opposed to just investing your spare money straight away?