The Financial Service Inquiry has recently urged the government to consider changes to Australian’s superannuation system.  The panel believes that direct borrowing in superannuation funds will increase risk in the financial system and has recommended that borrowing in SMSF to be prohibited. These broad changes, if implemented by the Government, will affect superannuation funds to borrow directly for limited recourse borrowing arrangements.

If you have any queries please do not hesitate to contact our office on 07 3394 2311.