3+ day, 10+ hour ago   (454+ words) Hogan said off-the-plan apartment projects depend on SMSF buyers for early presales and without them, developers won’t get finance and the homes will never be built. “Labor has banned self-managed super funds from borrowing to buy residential property, including new…...

1+ week, 4+ day ago   (524+ words) On the latest episode of the SMSF Adviser Show podcast, Dunn said the mandatory education requirements announced in the latest swathe of reforms last month have yet to be finalised and how it will look is still uncertain. “If you…...

1+ week, 5+ day ago   (556+ words) In an online update about the new LRBA regulations, Dunn said in regard to LRBAs there are different obligations to ensure that the arrangement complies both at the Commonwealth level in relation to the SIS Act but also relevant state-based…...

1+ week, 6+ day ago   (442+ words) Miller said on a recent webinar for Super Guardian that despite the changes to the rules on limited recourse borrowing arrangements SMSFs can still acquire residential property if they do it directly. “As long as it’s not leased to a…...

2+ week, 2+ day ago   (679+ words) In a recent compliance webinar, Cullen said the ATO is likely to be checking that all the boxes are ticked in relation to ECPI. “There are a couple of things to look at when lodging or completing a tax return,…...

2+ week, 5+ day ago   (302+ words) Timms said the power given to the ATO to veto people from moving money from a large superannuation fund into a self-managed superannuation fund (SMSF) has some trustees feeling anxious. The changes were announced by Minister for Finance Daniel Mulino…...

3+ week, 3+ day ago   (1032+ words) Burgess said implementing a combination of careful member selection, tailored governing rules, corporate control planning, dispute resolution pathways, informed consent and exit strategy design can go a long way in ensuring that if any disputes do occur, their impact can…...

3+ week, 4+ day ago   (1056+ words) The Association said it broadly supports the range of measures aimed at protecting consumers, including SMSF trustees, preventing further consumer harm and ensuring the sustainability of the CSLR as well as requiring SMSFs to hold uniquely identifiable bank accounts. However,…...