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Showing 21 - 30 of 72 results for "Limited Recourse Borrowing"

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 ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
... 2017. This allows cost base relief to apply as intended to TTR pensions. Payments in relation to a limited recourse borrowing arrangement (LRBA) supporting a retirement phase pension will generate a transfer balance credit where the repayment is derived ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... Self-managed superannuation funds will be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... property investment - Howard/Costello, 2007 In 2007, during the last months of the Howard government, limited recourse borrowing arrangements were introduced as the way for SMSFs to access loans to purchase a property. While this wasn't necessarily a ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... to Labor, this has been a growing feature of many SMSFs, particularly for the purchase of property. "Limited recourse borrowing in SMSFs has exploded in recent years - from about $2.5 billion in 2012 to more than $24 billion today," Labor said in a statement. ...