smsf

Are you banned from a SMSF? You may be…
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More and more Australians are trying to protect their financial future by setting us their own Self Managed Super Funds (SMSF). However, there are some interesting rules governing and who is legally allowed to run them. But very few of us understand them.  Did you know that a “disqualified person” is not permitted to be…

Buying apartment blocks with your SMSF
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In his column in Switzer, John McGrath discusses the new buyer on the market .  Here’s what he had to say: Developers and high net worth individuals have always been the typical buyer demographic for blocks of apartments.  But today, they are increasingly competing with a new type of buyer –  mum and dad investors purchasing…

How to buy a property through a SMSF
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When you set up a SMSF, you become the trustee of the fund, or director of a company that’s a trustee. “In either case, you’ll be responsible for managing it according to its trust deed and the laws and rules that apply to SMSF’s,” the Australian Taxation Office (ATO) says. “The key principle is that…

When self managed super turns sour
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Since the GCC many Australians have become disillusioned with superannuation and the promise that it would allow us to retire without having to rely on government pensions to put food on the table. Many mums and dads lost a significant portion of their retirement nest egg as the value of their super sank. One of…