It is confirmed “Australia is the lucky country” … backed by property

July 2021 Content provided by Msquared Capital Article written by Paul Miron, Managing Director, Msquared Capital The end of financial year normally marks an annual ritual of self-assessment of one’s investment portfolio performance relative to the market as well as creating financial goals for the next 12 months. A key takeaway from living through the…

Prudent LRBA lending can benefit SMSF trustees

June 2021 Content provided by Thinktank Written by Per Amundsen, Head of Research, Thinktank Since Limited Recourse Borrowing Arrangements (LRBAs) took effect in 2007, they have never been far from controversy. First, the Cooper Review put them under the microscope in its 2010 final report, suggesting future scrutiny without calling for an outright ban. Four…

Are Low Interest Rates a Risk to the Property Market and Economy?

April 2021 Content provided by Msquared Capital Article written by Paul Miron, Managing Director, Msquared Capital It is to the astonishment of most economists, politicians and property experts that we are experiencing an extraordinary V shape recovery. This week’s fundamental economic good news is that the unemployment rate has fallen to 5.8%, smashing everyone’s expectations.…

Sizing up shares versus commercial property in the post Covid era

March 2021 Written by Per Amundsen, Head of Research, Thinktank Rather like those old bar room debates between Holden and Ford enthusiasts, strongly held opinions prevail on either side of the equities versus commercial property investment debate. Although advocates of equities enjoy bragging rights with recent relative performance, commercial property has proved extremely resilient over…

Commercial property sectors faring better than expected, producing superior returns

March 2021 Written by Per Amundsen, Head of Research, Thinktank Amid perceptions of near-empty retail malls and reports of high-quality office  tenants preparing to sub lease huge swathes of space, investing in commercial property would not seem to be for the faint hearted. Sentiment, of course, has not been helped by pandemic lockdowns, while the…

2021 – Can we Expect the Unexpected again?

February 2021 Content provided by Msquared Capital Article written by Paul Miron, Managing Director, Msquared Capital For savvy investors, including property and mortgage investors, the new year traditionally starts with reading bold economic and property predictions by our favourite fund managers and economists trying to foresee “what lies ahead for the coming year”. If 2020…

Residential housing has appeal to SMSF trustees

January 2021 Written by Per Amundsen, Head of Research, Thinktank Residential housing is an asset class that has growing appeal to self-managed super fund (SMSF) trustees. At 30 June 2015, they held $23.1 billion in this asset class, a number that had increased 69 per cent to $39.1 billion at 30 June 2020, though with…

ATO figures can reveal true picture about LRBAs

July 2020 Written by Per Amundsen, Head of Research, Thinktank The numbers around Limited Recourse Borrowing Arrangements (LRBAs), the borrowing instrument that took effect in 2006 to allow self-managed super funds (SMSFs) access to leverage, can easily – and sometimes deliberately – be misinterpreted. Let us cite two examples. In December 2014, the Financial System…

Overview of unlisted trusts

July 2020 Content provided by Primewest Group Investor Relations Unlisted Trusts offer investors the opportunity of investing in various commercial properties eg. Office buildings, Shopping centres, large format retail, Agriculture, tourism, industrial/logistics etc. Unlisted trusts give investors the ability to invest in this type of asset without the large costs involved in purchasing these assets.…

LRBAs hold up well during COVID-19

June 2020 Written by Per Amundsen, Head of Research, Thinktank If there has been a common refrain from critics of Limited Recourse Borrowing Arrangements (LRBAs) since their inception in September 2007, it’s that self-managed super funds (SMSFs) using this debt instrument could be fatally exposed in economic or financial crises. Yet 13 years on and…