Limited Recourse Borrowing Arrangement (LRBA)

Great opportunities for clients in superannuation changes, SMSF conference told

There are some great advice opportunities in the recent and proposed superannuation changes, in particularly around the catch-up contribution rules. While much of the focus during the election was around Labor’s superannuation policies, with the Coalition returning to Government there are great advice opportunities in the recently legislated and proposed… Read More »Great opportunities for clients in superannuation changes, SMSF conference told

Future of SMSFs borrowing with LRBAs still unclear

The future of borrowing in SMSFs, using Limited Recourse Borrowing Arrangements (LRBAs), remains unclear but could be settled by the upcoming election.

The Productivity Commission, in its recently released report into efficiency and competitiveness in the super system, said that borrowing in SMSFs is not currently a “material systemic risk”, but that “active monitoring” is warranted – including by the Council of Financial Regulators. The Commission didn’t recommend a change to LRBAs, but have recommendations around SMSF advice.

Read More »Future of SMSFs borrowing with LRBAs still unclear

Change to include LRBA in Total Super Balance has balance right

The Government has got the balance right with its changes to sometimes include Limited Recourse Borrowing Arrangements in the calculation of the Total Superannuation Balance. The Government recently put to Parliament legislation to include Limited Recourse Borrowing Arrangements (LRBAs) in the Total Super Balance, under certain circumstances. This has for… Read More »Change to include LRBA in Total Super Balance has balance right

SMSFs being “unfairly targeted” over residential property investment

SMSFs have been unfairly targeted as being a ‘market mover’ in residential housing, says SMSF Association CEO John Maroney. “When the Sydney and Melbourne property markets, in particular, were enjoying strong growth, there was ill-informed comment that SMSF investment in residential property was a key factor fuelling prices, especially as… Read More »SMSFs being “unfairly targeted” over residential property investment