News : LRBA

Compliance & Regulation, LRBA, Property

LRBAs not suitable for vacant land

April 8, 2024

Darin Tyson-Chan

LBRA vacant land compliance risk development unit trust

SMSF trustees could face a compliance issue should they use an LRBA to purchase vacant land through their fund.

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LRBA

New SMSF lender enters market

November 3, 2023

Jason Spits

A non-bank lender has expanded its operations to include SMSF loans available to funds with corporate trustees and relatively low minimum asset balances.

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LRBA, Property

Investment properties come with issues

September 22, 2023

Darin Tyson-Chan

Choosing to hold an investment property in an SMSF can have significant adverse consequences that trustees should consider before doing so.

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LRBA

LRBA market escaping rate hike impact

August 25, 2023

Jason Spits

SMSFs with related-party LRBAs have yet to respond to the rise in the safe-harbour interest rate as their peers search for better terms following successive moves by the Reserve Bank of Australia.

ATO issues scheme warning

July 14, 2023

Jason Spits

The ATO has warned SMSF members to avoid early release and tax avoidance schemes noting many of these are related to property and lending within a fund.

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LRBA, SMSF

Interest rate pain for LRBAs

June 30, 2023

Darin Tyson-Chan

SMSF trustees using a related-party LRBA and adhering to the PCG 2016/5 safe harbour rules will be facing a significant interest rate hike in 2023/24.

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