Can you see a trend? Sorry, that sounds a bit mean.
Back when times where good everyone had a 'tax problem' and would use their products to try and artificially reduce their taxes. ATO has also been very unkind to these types of schemes that are usually built around tax benefits rather than any type of sound investment basis.
Now we have moved away from the boom times and are now in recession, people don't have as much worry about tax - demand drops, business model now unsustainable.
A bit like selling speccy units on the gold coast via the "amazing benefits of negative gearing". It works in good times but when the sh*t hits the fan, it's not really that good.
TIM Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
