Written by Paul Miron, Managing Director, Msquared Capital At the beginning of 2022, I posed the following question to an audience of sophisticated self-directed investors: Is Private Credit the new megatrend in Australia? It is important to remember these were carefree times when the official cash rate was at a historic low of 0.10%, and terms…
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…
April 26, 2023
When good debt turns bad: How the rise in rates led to bank collapse
Written by Paul Miron, Managing Director, Msquared Capital For the first time since the GFC, the fragility of the global banking system has come into question as the 16th largest bank in the US collapsed, and one of Europe’s premier investment banks, Credit Suisse, sought rescue from the Swisse National Bank. How is it that a…
April 26, 2023
Issue 44: To SMSF or not – How the sector performs against APRA funds
Probably a question asked by many contemplating starting or continuing to run an SMSF. And rightly so as the decision to directly manage you retirement savings is one that should not be taken lightly by any member of an SMSF. For some, it may also be the anticipated time involved with running an SMSF that…
April 26, 2023
One of these four things could push you over the planned $3m super cap
Opinion piece written by Peter Burgess, CEO, SMSF Association First published in Financial Review on 26 April 2023. Licensed by Copyright Agency. Capital gains tax liabilities and a sudden surge in asset prices just before June 20 are just two of them. It’s the year 2026 and Joan, a chartered accountant, has just retired from…
March 31, 2023
Issue 43: Long-term investing and how an SMSF is suited to delivering it
There has been much discussion of late regarding the shift from ‘growth’ to ‘value’ investing, perhaps prompting the question with some SMSF trustees, ‘do we need to adjust our investment portfolio along similar lines?’ My understanding of growth investing is that it’s where investors seek to grow their investments over time, often in a combination…
March 24, 2023
Think the new $3m super cap won’t affect you? Here’s how it could
Opinion piece written by Peter Burgess, CEO, SMSF Association First published in Financial Review on 23 March 2023. Licensed by Copyright Agency. Unintended consequences could include insurance payouts, non recourse property loans and even death benefits. The government’s decision to introduce a $3 million cap on super balances above which earnings will be taxed at…
March 20, 2023
Superannuation Rates and Thresholds
Written by Fabian Bussoletti, Technical Manager, SMSF Association Each year, several key superannuation rates and thresholds are indexed in line with movements to Average Weekly Ordinary Time Earnings (AWOTE) or Consumer Price Index (CPI). Following the release of these key statistics by the Australian Bureau of Statistics (ABS) last month, the thresholds most relevant to…