Super co-contribution

Hi all,
Just a quicky. I was thinking of dumping 1k into my wifes Super before eofy just to get the co-contribution. She usually makes fortnightly contributions but she changed jobs this year and we forgot to set it up . Anyway, I was thinking about writing a cheque from our LOC.
Question -
Does this affect the tax deductability of the interest on the LOC? I thought not as it is still being used for investment purposes...

Hi Sean, "I'm not sure" is the answer. But my gut feel says no. Altho it may seem a bit odd, I don't think the ATO would agree that interest you incur on making a contribution to your wife's super is a use to earn YOU assessable income - thus not deductible.

I'm not sure if NickM is around atm to answer...but we'll try to dig up an answer soon.

Cheers
N.

There is no tax deduction for loan used to 'invest' in superannuation. I am sure of this position and a quick call to ATO should confirm this.