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Showing 21 - 30 of 76 results for "Limited Recourse Borrowing"

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... last quarter before dropping to 15.3% in the June quarter. However, direct property holders utilising limited recourse borrowing arrangements has grown to 42.1% with the average property loan amount sitting at $262,000. The most commonly held investments ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... Perth-based Atkins provided advice to clients to establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements to fund the purchase of real property. ASIC's investigation found Atkins provided SMSF advice to clients ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... cannot be circumvented through the use of non-arm's length expenditure or certain strategies using limited recourse borrowing arrangements (LRBAs)," the Government said.

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... In last year's Federal Budget, Treasurer Scott Morrison announced new measures that would eliminate limited recourse borrowing arrangement (LBRA) loopholes for SMSFs. From 1 July 2017, an LBRA outstanding balance will be included in a member's total ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
... addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited recourse borrowing arrangement in their total superannuation balance (TSB). The second, Minister for Revenue and Financial Services Kelly O'Dwyer ...

SMSF balance gap to close: Report

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
... aggressive growth assets such as unlisted shares, unlisted trusts, non-residential real property and limited recourse borrowing arrangements, the report said. Despite claims that SMSFs are underweight in international assets, the research shows otherwise ...

Advisers searching for LRBA answers

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
Regulatory changes to limited recourse borrowing arrangements have been advisers' primary concern over the past quarter, according to BT Advice Technical research. Advisers' queries focused on two key issues: first, the proposal to combine outstanding ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... regulator found he had advised four clients to establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements (LBRAs) to fund the purchase of real property. This advice was deemed by ASIC to be in breach of the FOFA ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... superannuation income streams. The new transfer balance cap rules also support repayments made under a Limited Recourse Borrowing Arrangement in certain circumstances. "As part of this Bill, the Government has also refined changes to personal and corporate ...