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Showing 31 - 40 of 76 results for "Limited Recourse Borrowing"

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. ...

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
... caution as 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 ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... and compliant 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 ...

SMSFs granted ATO extension over LRBAs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
An extension for self-managed superannuation fund trustees to ensure their Limited Recourse Borrowing Arrangements are "an arm's length" dealing has been welcomed by the SMSF Association. SMSF Association chief executive Andrea Slattery said the seven ...

SMSF borrowing triples in four years

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
Limited recourse borrowing arrangements within SMSFs have almost tripled in four years, the latest Australian Tax Office (ATO) statistics show. The proportion of SMSFs with borrowings has risen from 2.3% of funds in 2010 to 6.7% of funds in 2014. At ...

SMSFs welcome no dumping of LRBAs

DARREN SNYDER  |  SUNDAY, 8 NOV 2015
... the discussion on longevity risk. In joint statement SISFA executives said they were pleased to see limited recourse borrowing arrangements (LRBAs) remain despite proposals to be dumped. They said LRBAs can be part of a properly structured retirement ...