The coronavirus has had such an enormous economic effect on the Australian public that many things once considered normal are no longer so. People’s jobs have been hit particularly hard, which has led to the federal government invoking financial relief measures never seen before. And it does stand to reason superannuation was always going to […]

The regurgitating of SMSF statistics by politicians is meaningless and does not prove a familiarity with key issues, especially when they get them wrong.

In 2020, smstrusteenews will be providing the latest compliance, strategic and investment news about the sector more frequently to its audience.

The bushfires we’ve experienced this summer have been very severe with numerous properties lost and some lives as well. Only after the worst of it is over can we take stock and figure out what it really means and what some of the flow-on effects might be. And believe it or not, this is where […]

The introduction of non-arm’s length expense (NALE) rules for SMSFs raises questions about Treasury’s view of the funds and its intensions for the sector.

Non-arm’s-length expenses (NALE) is looming as an area of concern for SMSF trustees waiting to see if the ATO will address its far-reaching implications.

A factsheet from ASIC covering SMSFs has not only highlighted the wrong reasons people set up a fund but has used incorrect numbers to make its case.

A topic that has been dominating discussion in the sector over the past month has been the ATO letters sent out to 17,700 SMSFs in an effort to examine the investment strategies of these funds. When the letters were first mailed out it wasn’t exactly clear what the motives behind it were but as time […]

It has been more than five years since a major financial system review recommending enshrining the objective of superannuation in legislation, and now is still the time for the government to deliver on that recommendation.