Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 72 results for "Limited Recourse Borrowing"

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... ability to jointly invest in an asset portfolio with a related party via a unit trust." He also mentioned limited recourse borrowing arrangements (LRBAs) to buy direct shares and property, "even where the starting balance is well under $200,000, since ...

SMSF direct property investment jumps 60pct

MARK SMITH  |  FRIDAY, 17 JUL 2015
... since March 2011. While it is feared that SMSFs ability to borrow money to buy residential property via limited recourse borrowing arrangements (LRBAs) is helping to fuel the housing bubble, SMSF Association technical and professional standards director ...

CPA sets up independent advice license

LAURA MILLAN  |  FRIDAY, 5 JUN 2015
... Of those surveyed, 71% would like to provide assistance with rollovers, 66% would like to advise on limited recourse borrowing arrangements (LRBAs), 56% would like to advise on preparing investment strategies for SMSFs and 36% want to provide insurance ...

Gearing for SMSFs won't be significant: Colley

DARREN SNYDER  |  WEDNESDAY, 6 MAY 2015
... will be I don't really know," Colley said. "It seems there might be a rule about restricting the LRBA (limited recourse borrowing arrangement) for investments by superannuation funds in direct property through gearing. "When you look at the stats on ...

SMSFs attract too much criticism

MARK SMITH  |  THURSDAY, 19 FEB 2015
... professionals for quietly getting on with business in the face of hostile media, which has attacked limited recourse borrowing arrangements (LRBAs), the amount SMSFs pay in tax and skewed asset allocation. "The sector attracts its fair share of criticism ...

FSI proposal to ban LRBAs "draconian"

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "LRBAs ...

Spike in SMSF borrowing breaches

MARK SMITH  |  FRIDAY, 23 JAN 2015
... settle on investments and, as a result of changes to legislation in 2007, acquire investments via a limited recourse borrowing arrangement (LRBA). The first two borrowing options are restricted to 10% of the fund's value, with borrowing terms of 90 days ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
... Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. Graeme Colley, SPAA director of technical and professional standards told Financial ...

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... The Murray Inquiry has recommended that government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. It said that the government should restore the general prohibition on direct ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... borrowing by superannuation funds: Remove the exception to the general prohibition on direct borrowing for limited recourse borrowing arrangements by superannuation funds. Improving efficiency during accumulation: Introduce a formal competitive process ...