A property investment promoter has been taken to court by ASIC for unlawfully promoting the use of SMSFs to purchase investment property
COVER: Glenn Gibson
Lawyers are warning there is a new danger for SMSFs with zero interest related party loans
Tight lending criteria and soaring house prices have left first home buyers with no choice but to save up hefty deposits – and CBA is reaping the benefits.
ASIC has sent a strong message to the financial services industry with regard to false advertising, while fining one company $10,000.
A new alternative to bank-funded mortgages has taken hold overseas and it's 'just a matter of time' before it hits the Australian market.