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ATO Releases Updated Guidance on New LRBA Rules
The Australian Taxation Office (ATO) has released updated guidance explaining how the new Limited Recourse Borrowing Arrangement (LRBA) rules will apply from 10 August 2026. The guidance confirms that the changes are not retrospective and explains when existing and future LRBAs will be affected. Existing LRBAs The new rules do not apply where an SMSF entered into an LRBA to
SMSF Property Borrowing Could Change: Here’s What You Need to Know
If you’ve ever considered buying property through your Self-Managed Super Fund (SMSF), there are two important developments you should be aware of. The first is a proposed Government plan to ban new SMSF loans used to purchase residential property. The second is the introduction of stronger Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements that will affect many financial and
Why SMSF Establishments Will Take Longer and Cost More From 1 July 2026
The Australian Government’s new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws are designed to combat financial crime. While few people would disagree with that broad objective, in practice it is the everyday law-abiding Australian who will ultimately bear much of the cost. For accounting firms, including SMSF specialists like us and other professional advisers, these laws create an entirely new
More Paperwork, More Questions: Australia’s New Anti-Money Laundering Requirements Explained
Why your accountant, broker, adviser and bank are suddenly asking for more information Have you noticed your accountant, broker, adviser or bank asking more questions than ever before? Questions about where your money came from. Why you’re setting up a company or trust. Who controls a business. What you plan to invest in. You’re not imagining it. Australia is rolling
Payday Super Is Coming: What It Means for Employees and Employers
For many Australians, superannuation is one of their largest long-term assets. Yet it’s also one of the easiest financial assets to ignore. Many employees only check their super occasionally. Others move jobs regularly and may not realise a contribution has been missed until months — or even years — later. In some cases, unpaid super can go unnoticed altogether. That’s
EOFY 2026 Super Checklist: 7 Moves to Make Before 30 June
As the end of the financial year approaches, many Australians focus on tax returns, deductions and getting their finances in order. One area that deserves attention is superannuation. For many people, super is one of the most effective long-term wealth-building vehicles available. The weeks leading up to 30 June can provide valuable opportunities to review contributions, retirement planning and overall