SMSF's will no longer be able to borrow to invest in property?

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Propertunity, 13th Jul, 2018.

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  1. JohnPropChat

    JohnPropChat Well-Known Member

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    Report from Council of Financial Regulators - https://www.cfr.gov.au/publications...k-in-the-superannuation-system/pdf/report.pdf

    A good read but essentially saying that LRBAs are not a risk to the financial system but nevertheless a risk to SMSF members and proposing policy changes to limit adverse effects, if not banning it outright.

    Interestingly, $38.9 billion in LRBA assets with an outstanding borrowing of $18.1 billion - 46.5% LVR
     
    JohnPropChat, 25th Mar, 2019
    #61
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