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Showing 21 - 30 of 64 results for "Limited recourse borrowing arrangement"

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
A former Magnitude Group financial adviser was banned by ASIC for breaching the best interest duty introduced under the Future of Financial Advice reforms. Jason Sean Atkins of Perth is prohibited from providing financial advice for three years after ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... 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 insolvency ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
... 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 from accumulation ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... Announced in the Federal Budget this week, from 1 July 2017, the outstanding balance of a limited recourse borrowing arrangement (LBRA) will now be included in a member's total annual superannuation balance. Additionally, the repayment of the principle ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Many Budgets have proven to be good for the country, while others received less than glowing reviews in history books. To take us into the next phase of fiscal policy, one of Australia's most respected and renowned economic commentators, Saul Eslake ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
Self-managed superannuation funds will be banned from direct borrowing under an expanded housing affordability policy unveiled by the Federal Opposition today. Speaking to media this morning, Shadow Treasurer Chris Bowen said the policy will target ...

ATO calls time on SMSF safe harbour rules

ALEX BURKE  |  MONDAY, 30 JAN 2017
The ATO is warning financial advisers that the safe harbour rules for limited recourse borrowing arrangements in self-managed super funds will be changing this week. Under the new rules, LRBAs must be consistent with either the safe harbour guidelines ...

SMSFs combating low rates with hybrids

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2016
... the security generally carries significant risk," La Greca said. The inclination to use a limited recourse borrowing arrangement has seen the overall allocation to property loans surge from 70.2% to 75.3%, while the number of financial asset loans dropped ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... SoAs in five key areas: establishing a SMSF; borrowing to invest in real estate under a Limited Recourse Borrowing Arrangement; implementing a transition to retirement strategy; concessional and non-concessional super contribution strategies and reserving ...