The recently released ASX Australian Investor Study 2023 confirms what many of us know; Australia is a nation of investors with 10.2 million (51%) of the adult population holding investments outside their home and super. When it comes to how investments are accessed and held, 7.7 million or 75% of those investors choose on-exchange investments…
August 28, 2023
Considering an SMSF? It’s About Choice & Control
Written by Neil Sparks, Head of Membership & Corporate Development, SMSF Association First published in Eureka Report 22 August. Licensed by Copyright Agency. Neil Sparks, head of membership & corporate development at the SMSF Association, the peak national body for the industry, examines the reasons why younger groups are opting to establish SMSFs – and…
August 21, 2023
Self-managed superannuation offers choice and control… and more young people want it
Opinion piece written by Tracey Scotchbrook, Head of Policy & Advocacy, SMSF Association First published in The West Australian 21 August 2023. Licensed by Copyright Agency. There are two words that perfectly encapsulate why people choose a self-managed super fund — choice and control. Control has been a long-held attraction of SMSFs. Although managing your…
August 9, 2023
How a family misfortune could push you over new $3m cap
Opinion piece written by Tracey Scotchbrook, Head of Policy & Advocacy, SMSF Association First published in Financial Review 09 August 2023. Licensed by Copyright Agency. Even couples well below the new proposed threshold could face an extra 15 per cent tax thanks to an insurance payout in tough times. There has been much talk about…
July 28, 2023
Issue 47 – Growing numbers of women and the younger generation seeing the value in investing in their own financial literacy
Well it’s the start of another financial year and there is plenty on the horizon to keep investors focused on the economy, their investments and super. None of this is surprising following what has been more than a year of rising interest rates, upward spiralling inflation and the cost of just about everything going up,…
July 14, 2023
Trustees trapped in nightmare of new expense rules
Opinion piece written by Peter Burgess, CEO, SMSF Association First published in Financial Review 13 July 2023. Licensed by Copyright Agency. What is being forgotten is that the goal behind the change was to target SMSFs that enter borrowing arrangements with related parties on non-arm’s-length terms. New non-arm’s-length expense (NALE) rules have become an administrative…
June 30, 2023
Issue 46 – What does the residential property landscape look like?
Well the end of the financial year is upon us and much continues to be said about the effects of continuing inflation and rising interest rates on business (small businesses in particular), property prices and as a result on the economy. In this article, we look at how the residential property landscape is changing beyond…
June 15, 2023
$3m super tax cap will hit farmers’ finances
Opinion piece written by Peter Burgess, CEO, SMSF Association First published in Financial Review on 15 June 2023. Licensed by Copyright Agency. Agricultural landowners are often asset rich and cash poor – which is why they will be gravely disadvantaged by the proposed $3 million cap on super balances. Just do the sums. At March…
June 2, 2023
Issue 45: Property investment from a different perspective – Commercial Real Estate Credit
Property is an investment class much favoured by Australian investors; be it held directly via a residential investment property, through a listed A-REIT or perhaps a premise from where owners conduct a business. In many cases these investments form part of a SMSF. As at March, SMSFs held around $135 billion in non-residential and residential…
May 17, 2023
Do this after June 30 and you could boost your super by $110,000
Opinion piece written by Peter Burgess, CEO, SMSF Association First published in Financial Review on 17 May 2023. Licensed by Copyright Agency. Getting the timing right on contributions is just one of a host of things SMSF members need to pull together before the end of the tax year. With June 30 fast approaching it’s…