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Broker association applauds government for rejecting SMSF borrowing ban

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Australian Broker | 23 Oct 2015, 07:03 AM Agree 0
A broker association has applauded the Turnbull Government’s decision to reject a a recommendation from the Murray Financial Systems Inquiry on SMSF lending
  • Paul | 23 Oct 2015, 09:55 AM Agree 0
    If an SMSF can borrow to purchase property then an SMSF should be able to borrow to purchase equities. The current rulings in relation to gearing for equities are misguided. The current rules encourage an over exposure by trustees to residential property.
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