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SMSF

Budget changes could drive SMSF adoption: FAAA

The Financial Advice Association Australia (FAAA) has warned the government's proposed capitals gains tax (CGT) and negative gearing reforms could unintentionally drive Australians towards self-managed super funds (SMSFs) as a vehicle for residential property investment, exposing consumers to heightened risks.

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Read more: FAAAFinancial Advice Association AustraliaBudgetSarah AboodWorking Australians Tax OffsetSenate Economics Legislation CommitteeTreasury Laws Amendment Tax Reform