2 Major Banks Drop SMSF Loans

In an interesting twist 2 major banks have recently stopped lending for residential properties purchased in an Self Managed Super Fund ANZ Bank recently backed the Financial System Inquiry’s recommendation to ban SMSF lending, after committing to not include SMSF loans in its mortgage strategy. NAB is now the second major bank to shun SMSF…

Self Managed Super Wealth Day

Super rules for many investors at the moment. Those with a self-managed super fund (SMSF) are quickly discovering it can be an exciting way to increase a property portfolio and also help create super wealth. Mix a new pad, with tax benefits, and it’s easy to see why the word ‘SMSF’ is the new ‘sexy’,…

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