Limited Recourse Borrowing Arrangement (LRBA)

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

Government consults again on including LRBAs in Total Super Balance

The Government is again consulting on proposed legislative changes to include Limited Recourse Borrowing Arrangements in Total Superannuation Balance, along with changes to the Non-Arm’s Length Income rules. The Government has for some time wanted to include Limited Recourse Borrowing Arrangements (LRBAs) in the calculation of Total Super Balance. Draft… Read More »Government consults again on including LRBAs in Total Super Balance

Legislation to include LRBAs in Total Super Balance expected later in 2017

Legislation including Limited Recourse Borrowing Arrangements in the Total Superannuation Balance is expected to be ready to be introduced to Parliament later in 2017. Draft legislation including Limited Recourse Borrowing Arrangements (LRBAs) in the Total Superannuation Balance and Transfer Balance Cap was released earlier in 2017. However when the legislation was… Read More »Legislation to include LRBAs in Total Super Balance expected later in 2017

No plans whatsoever to change LRBAs, says Treasurer Morrison

Treasurer Scott Morrison has said the Government has no plans whatsoever to change the rules around SMSF Limited Recourse Borrowing Arrangements (LRBAs). “We’re not touching the arrangements around limited recourse borrowing arrangements,” the Treasurer told the SMSF2017 Summit & Investment Expo. Morrison noted the recommendation of the Financial System Inquiry… Read More »No plans whatsoever to change LRBAs, says Treasurer Morrison

LRBAs to be included in Total Super Balance and Transfer Balance Cap

Limited Recourse Borrowing Arrangements (LRBAs) will be included in the calculation of the Transfer Balance Cap and Total Superannuation Balance, if an exposure draft released by Treasury for consultation is legislated. Treasury says the exposure draft, Treasury Laws Amendment (2017 4 Measures No. 2) Bill 2017: limited recourse borrowing arrangements, includes… Read More »LRBAs to be included in Total Super Balance and Transfer Balance Cap