News : Property

DomaCom clears equity release regulatory hurdle

November 19, 2018

Fractional property firm DomaCom today announced it has received ASIC clearance that will allow it to deliver an equity release product for the asset-rich, cash-poor retiree cohort.

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Education, Property

New property course unveiled

October 9, 2018

Krystine Lumanta

Mentor Education Group has launched a real estate course following a growing number of calls for such a service from accountants, financial planners and brokers as more professional advisory practices position themselves as one-stop-shop service providers.

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Property

AMP exits SMSF property lending

September 26, 2018

Malavika Santhebennur

Financial services giant AMP has joined the big four banks in discontinuing SMSF property lending.

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Property, Retirement, Strategy

SMSFs warned on retail property sector

September 26, 2018

Krystine Lumanta

Small and medium-sized enterprises (SME) involved in retail should use extra caution about using their SMSF to buy their business premises due to concerns about falling income returns, a specialist commercial property lender has said.

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Investments, Property

SMSFs continue to invest in direct property

September 24, 2018

Krystine Lumanta

Despite reports of SMSF property allocations dropping, trustee demand for and investment in the asset class have continued via the fractional investing channel.

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Investments, Property

Property allocations to continue to drop

September 17, 2018

Krystine Lumanta

SMSFs are reducing exposure to property in their portfolio asset allocations, reflecting wider trends in the property downturn in the Sydney and Melbourne markets, new analysis has found.

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Compliance, Property, Strategy

ATO to keep close tabs on property sole purpose

September 10, 2018

Malavika Santhebennur

There may be no general prohibition against SMSFs investing in property development, but given the regulatory rules, it is very difficult for SMSFs to maintain compliance, a lawyer has warned.

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Property, Strategy

Market ripe to transfer, acquire business premises

September 6, 2018

Krystine Lumanta

Specialist commercial property lender Thinktank Group has said market conditions are attractive for small-to-medium size enterprises (SME) to acquire their own premises, commercial or industrial, via their SMSF.

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ATO, Property

Advisers should fend off property spruikers

August 16, 2018

Malavika Santhebennur

Property spruikers are targeting the retirement savings of SMSF trustees struggling to enter the housing market by promoting the purchase of property through an SMSF and advisers must act to discourage this behaviour, according to the ATO.

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