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

Search Results

Showing 51 - 60 of 69 results for "Limited recourse borrowing arrangement"

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
The Financial System Inquiry (FSI) has made 44 recommendation to increase efficiency, resilience and fair treatment of the financial system. Read below the relevant recommendations for the superannuation, wealth management and funds management industries. ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Australian Tax Office (ATO) assistant deputy commissioner for superannuation has left the regulator to join Brisbane-based consultancy firm McPherson Super Consulting. Stuart Forsyth was involved in drafting the ATO ruling on limited recourse borrowing ...

SMSF borrowers should be forced to seek advice: AFA

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
Self-managed super fund (SMSF) trustees who want to enter into a limited recourse borrowing arrangement should be forced to seek financial advice, the Association of Financial Advisers (AFA) said. In its submission to the Financial System Inquiry (FSI) ...

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
The Financial System Inquiry should look into ways of making direct investment in infrastructure and corporate bonds more accessible to self-managed super funds (SMSFs), the SMSF Professionals' Association of Australia (SPAA) has argued. SMSFs currently ...

Thinktank launches LRBA loan service

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
Property loan specialist Thinktank has launched a limited recourse borrowing arrangement (LRBA) loan for self-managed super funds (SMSFs). The Thinktank SMSF Commercial Loan offers loan-to-value ratios of up to 75% and 25 year repayment terms. The maximum ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
Assistant Treasurer Arthur Sinodinos has ruled out a full review into limited recourse borrowing arrangements (LRBAs), but emphasised that licensing is necessary. Speaking at the 2014 SPAA SMSF National Conference in Brisbane today, Sinodinos said that ...

SMSF borrowing under control, ATO figures suggest

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
Fears that low interest rates are encouraging self-managed super funds (SMSFs) to over-borrow to invest in real estate appear to be overblown, according to figures released by the Australian Taxation Office. According to the ATO's stats for the September ...

La Trobe launches SMSF loan product

MARK SMITH  |  MONDAY, 11 NOV 2013
Credit Specialist La Trobe Financial has launched a new self-managed super fund (SMSF) loan product, allowing borrowers to buy residential, retail, commercial or rural property. La Trobe said launched the new product, which offers finance at 5.6%, in ...

Xpress Super adds direct property to SMSF platform

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Self-managed superannuation fund (SMSF) platform provider Xpress Super has added direct property to its suite of investments. The new option will allow SMSF trustees to access limited recourse borrowing arrangements (LRBAs) through two lenders, St George ...