Blogotariat

Oz Blog News Commentary

90% of SMSFs over-leveraged into property

September 10, 2019 - 13:30 -- Admin

The Australian Taxation Office (ATO) has questioned the investment strategy of as many as 20,000 self-managed super funds (SMSFs). It states that they appear to have over 90% of their monies in one asset or one asset class, very often the property occupied by the beneficiaries of the SMSF, and that this could see them

The post 90% of SMSFs over-leveraged into property appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]