Category: SMSF Association Media Release

Make Limited Recourse Borrowing Arrangements ‘limited recourse’

The SMSF Association is calling for a two-pronged policy change to ensure Limited Recourse Borrowing Arrangements (LRBAs) remain a legitimate retirement savings strategy, especially for small business owners. SMSF Association […]

Clock ticking for SMSFs with quarterly TBC report due soon

Self-managed super funds (SMSFs) on a quarterly Transfer Balance Cap (TBC) reporting schedule must make their first lodgment with the Australian Tax Office (ATO) in three weeks, warns SMSF Association […]

SMSFs to benefit from access to SuperStream system

Draft regulations tabled in Parliament to allow self-managed super funds (SMSFs) to receive digital rollovers through the SuperStream system has been welcomed by the SMSF Association. SMSF Association Acting CEO […]

Franking credits inquiry gets thumbs up

The SMSF Association welcomes the decision by the House of Representatives Standing Committee on Economics to have an inquiry into the implications of removing refundable franking credits. The Labor Party […]

Labor proposal to address gender super imbalance backed

The SMSF Association welcomes the Labor Party’s announcement to take steps to improve women’s superannuation security and address the gender gap imbalance between men and women’s super balances. SMSF Association […]

Decision to keep retirement age at 67 lauded

The Federal Government’s decision to keep the Aged Pension at 67 and not increase it incrementally to reach 70 by 2035 is good policy, says the SMSF Association CEO John […]

Limited cost savings from three-year audits

The shift to three-year audits for some self-managed super funds (SMSFs) would not produce significant costs savings for trustees, said SMSF Association CEO John Maroney. “Our analysis leads us to […]

New Ministers welcomed by SMSF Association

The SMSF Association congratulates Josh Frydenberg, Stuart Robert and Zed Seselja in their appointments as Treasurer, Assistant Treasurer and Assistant Minister for Treasury and Finance, respectively, in the new Coalition […]

Renaming ‘General Advice’ will give consumers more clarity

The Productivity Commission’s recommendation to rename “General advice” in its report into Competition in the Australian Financial System has the full support of the SMSF Association. This recommendation, if accepted, […]

Getting the fundamentals right key message for advisers at Technical Day

A strong focus on the fundamentals of self-managed super funds (SMSFs), from setting a fund up to alternative investment strategies, will be a dominant theme at this year’s SMSF Association […]