News : Property

Commercial Property, Property

Online competition a challenge for retail property

The traditional retail property space continues to face pressure from online competitors.

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Accounting, ASIC, Property

ASIC accepts EU from SMSF accountant

ASIC has accepted an EU from an SMSF accountant who received referrals from a property group in relation to setting up SMSFs.

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ASIC, Property

Court restrains property spruiker from operating

An unlicensed financial services organisation and its sole director have been restrained from their business activities.

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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.

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Investments, Property

DomaCom announces bank pilot program

DomaCom has partnered with a big four bank to use its investing model for a pilot program.

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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.

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Compliance, Property

SuperConcepts integrates with CoreLogic

SuperConcepts has added property data firm CoreLogic’s PropertyHub to its Connected Services portal for all SuperMate software trustee and SMSF administration clients.

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Property, Superannuation, Tax

Negative gearing change to increase super appeal

The change to the negative gearing rules the Labor Party is likely to introduce should it win power at the next federal election could make superannuation an even more attractive investment vehicle from a tax perspective, a mid-tier accounting firm has predicted.

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ATO, Property, Residential Property

ATO issues Aussiegolfa decision impact statement

The finding in the Aussiegolfa decision that deemed the SMSF trustee’s property held by fractional property investment house DomaCom is a separate trust will not have a significant impact on traditional multi-class managed funds, according to the ATO.

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Accounting, ASIC, Property

Industry echoes execution-only advice warning

SMSF industry experts have repeated warnings issued by the corporate regulator that there will be a clampdown on client-driven execution-only advice by unlicensed accountants establishing SMSFs for their clients.

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