News : LRBA

Commercial Property, LRBA

LRBAs should be retained for commercial property

Cranes on top of unfinished buildings

LRBAs should be retained for commercial property investments, which have exhibited few of the issues associated with residential property, according to a specialist lender.

read more
LRBA

Bowen calls out govt for trailing banks on LRBA ban

The major banks have done more to reform LRBAs than the Federal Government, according to the Shadow Treasurer Chris Bowen.

read more
LRBA, Superannuation

SMSFA suggests better LRBA risk reduction solution

The banning of limited recourse borrowing arrangements will not be needed if certain other measures are implemented to lessen the risks involved with this type of gearing, according to the SMSF Association.

read more
ATO, LRBA, Superannuation

Low balances, one-stop-stops still LRBA concerns

The ATO remains concerned about low balance SMSFs using LRBAs and the provision of advice related to the arrangements.

read more
LRBA, Superannuation

LRBAs not creating systemic risk

The use of LRBAs was not creating systemic risk in the superannuation or financial system according to research conducted by the ATO and Council of Financial Regulators.

read more
LRBA, Property

New call for total LRBA ban

A total ban should be placed on all LRBAs due to their high risks, according to a property research house.

read more
LRBA, Property, Regulation

SMSFA fights LRBA ban

The SMSF Association has argued against a ban on LRBAs, instead urging more consumer protection around the debt instrument.

read more
Accounting, Auditing, LRBA, Regulation

Triennial audit cycle unlikely to proceed

The likelihood of legislation for the three-year audit cycle for some SMSFs passing through Parliament under the current federal government is low given the likelihood the next election will be held in May 2019, according to an SMSF expert.

read more
LRBA

LRBAs remain vital tool for SMEs: Thinktank

Critics of limited recourse borrowing arrangements (LRBA) often cite the activities of residential property spruikers to taint the lending instrument more broadly, but the baby should not be thrown out with the bathwater, according to Thinktank.

read more
ASIC, LRBA, Regulation

Adviser banning blurs best interest duty

A red and white sign reading wrong way seen over shoulder of a man

The recent banning of SMSF adviser Jason Atkins has highlighted the dangers financial planners face in complying with the best interest duty requirements under the Future of Financial Advice reforms, a strategy specialist has said.

read more

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital