Sorry for delayed response.  Just wanted to say thank you for your input Mitch and Xdrew.  I am researching and looking and trying to decide whether we go for a property that is close to positively geared and put it in my name (low income earner) or a trust, need to learn more about this.  We have found a property that we can do that with.   Alternatively, go for the negatively geared property in husband's name that will give us long term growth but be out of pocket for a while.  Just need to keep reading and learning.  Thanks and any info more appreciated.