July 2, 2015

A New (Financial) Year’s Resolution For Your SMSF

One of the most fundamental provisions in superannuation law, the in-house asset rule, is also one of the easiest for SMSF trustees to unintentionally breach. Under the in-house asset rule, SMSFs are generally prohibited from making loans, providing leases or having investments with related parties and entities that exceed five per cent of a fund’s total asset value. The few exceptions to the in-house asset rule include business real estate. Significantly, SMSF trustees are prohibited from providing any loans or financial assistance to members or their relatives – even if the transaction does not result in exceeding the 5 per […]
June 24, 2015

Saving Meets Investing

The baby boomer generation are often enviously described as the ‘lucky generation’. Certainly that demographic cohort born after the end of World War II and before 1960 enjoyed a very different economic and social backdrop to their parents and grandparents and that went a long way to changing attitudes to housing, money and retirement. When it comes to wealth factors the sustained growth in residential property prices in Australia have benefited baby boomers in a significant and material way. The intergenerational impact of that is increasingly a subject of national debate about whether property prices – at least in Sydney […]
May 1, 2015

Where Do I Invest Now?

You would have been living in a very lonely place to not understand that real estate prices are high and still going higher. Then there is the local sharemarket which is teasing with the index threshold of 6000 having risen about 10% in the first three months of this year, though having fallen back a little recently. Such is the power of the 24-hour news cycle and the fascination in Australia with house prices and share market moves. What about overseas shares? A similar story as they are up 9.6% for the first quarter of 2015 on an unhedged currency […]