News

Economy, Investments

Aust economy faces uncertain outlook

Recession Fiscal policy Australia US

Diverging fiscal policies suggest the US may avoid recession, while Australia faces weaker growth and economic challenges due to tighter spending.

read more
Documentation, Trusts

TIS obligations more severe for SMSFs

SMSF Self-managed superannuation trust income schedule trust distributions wrap platform Accurium Mark Ellem

The new requirement to complete a trust income schedule for trust and managed fund distributions is more imposing for SMSF trustees.

read more
Documentation, Investments

Investment strategy needs yearly review

SMSF Self-managed superannuation investment strategy SMSF Association Neil Sparks

Generally the SMSF investment strategy should be reviewed every 12 months, but does not automatically need amending as a result of the process.

read more
ASIC, Financial Advice

Former adviser jailed for dishonest conduct

SMSF adviser dishonest conduct Bradley Grimm ASIC Banning Ostrava Equities

Action to ban an adviser for dishonest conduct in 2016 has reached its conclusion with the former practitioner sentenced to 18 months’ imprisonment.

read more
Investments

Gold producers continue to shine

gold price gold developers mining companies Maple-Brown Abbott Phillip Hudak

The rising price of gold has made the asset more valuable, but has also driven up the shares of producers in the sector, including some small-cap Australian firms.

read more
ATO, Documentation

Common annual return errors noted

SMSF annual return Errors ATO Melissa Anstis exit strategy

The ATO has noticed simple identifiable errors are appearing on SMSF annual returns that are delaying the timely processing of these documents.

read more
Estate Planning

EPOAs compromised by state laws

SMSF Self-managed superannuation enduring power of attorney EPOA State law View Legal Matthew Burgess

Differences in the legislation of each Australian state can significantly impact the effectiveness of an EPOA an SMSF has in place.

read more
ETFs

US treasury ETF from BlackRock

BlackRock Australia iShares US Treasury Bonds ETF ULTB James Waterworth Tamara Stats

Months after offering an Australian government bond ETF, Blackrock will also release a similar vehicle focused on US government bonds.

read more
Legislation, SMSF, Tax

MPs raise Div 296 tax worries

Division 296 tax Self-managed superannuation SMSFs Teal Independents Farmers amendments

The teal independents have raised several concerns regarding the proposed Division 296 tax and called for urgent changes to mitigate its impact on SMSFs.

read more
Pensions

Significant change to pension rules

SMSF trustees have been warned of the significant tax risks if minimum pension payments are missed following a change to an established ATO ruling.

read more

Copyright © SMS Trustee News 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.