3+ day, 6+ 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…...

3+ day, 6+ hour ago   (790+ words) “There have been substantial changes from 10 August this year [regarding property investment] and one of the key elements of limited recourse borrowing arrangements is the single acquirable asset rule,” Dunn said in a recent online update. “Looking at it in…...

3+ day, 6+ hour ago   (365+ words) Richard Webb, CPA Australia Superannuation Lead, said Australia risks focusing too heavily on reducing Age Pension costs rather than ensuring retirees enjoy adequate retirement incomes. Webb said comments from Treasurer Jim Chalmers at the Super Members Council (SMC) Super Summit…...

4+ day, 4+ hour ago   (788+ words) Matthew Burgess, director, View Legal In what has been the pattern with all legislation since the May announcements, the new rules: Subject to the detailed review the dense new provisions mandate, seven headline issues taxpayers and their advisers will need…...

4+ day, 5+ hour ago   (781+ words) In a speech to the Super Members Council on Wednesday, Chalmers gave a glimpse of the latest Intergeneration Report findings and said superannuation is a “broader antidote” to the serious intergenerational pressures facing Australia. Chalmers bought forward the release of…...

4+ day, 5+ hour ago   (428+ words) The report, released on 8 September, found that there are now 680,301 SMSFs in Australia, with more than 52,000 new entries since June 2025. The June 2026 quarter saw 12,264 new entrants. Total membership of funds increased to more than 1.24 million Australians up from 161,024 in June…...

5+ day, 4+ hour ago   (292+ words) Busoli said as the deadline approached for the self-managed super fund annual report, it is not uncommon for advisers to be informed by SMSF members that the amount they had advised in the notice of intent to claim a tax…...

5+ day, 4+ hour ago   (647+ words) Shirley Schaefer, Director BDO Audit Pty Ltd, said the long‑standing practice of “auto‑restarting” pensions on 1 July is now a direct audit hazard, placing a sharper burden on auditors to verify conscious recommencement, challenge administrator assumptions and detect funds…...

5+ day, 4+ hour ago   (203+ words) ASIC’s concerns related to Crole’s role as a former director and former responsible manager of Interprac Financial Planning Pty Ltd (Interprac), a wholly owned subsidiary of Sequoia and holder of an Australian financial services licence. Interprac’s former authorised representatives, including…...

6+ day, 3+ hour ago   (334+ words) The regulator said preparing early gives SMSF auditors time to identify and resolve any issues before forming an audit opinion. It added that as part of that process auditors should follow several key steps beginning with assessing and documenting their…...