The amendments made in 2007 to the SIS Act which permit trustees of superannuation funds to borrow, provided certain requirements are satisfied, has resulted in a large number of trustees of SMSFs taking advantage of this opportunity and gearing into property. This has been facilitated by the growing number of lenders entering this market. Many of the uncertainties in connection with this strategy have now been resolved and this has given trustees of SMSFs and their advisors more comfort. The aim of this event was to consider the key and important issues with this strategy in the context of property investment and to examine the latest changes.
This event was part of the July Breakfast Club and was also run in Parramatta on 1 July 2010.