Greens raise spectre of SMSFs and LRBAs
Last week in Senate Estimates, Senator McKim asked Finance Minister Katy Gallagher why, when there is a general prohibition on super funds from borrowing to fund investments, that SMSFs are still able to enter into LRBAs. The use of LRBAs by self-managed super funds was one of the sticking points from the Greens in their conditions for passing the first draft of the super tax...
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