Coalition to limit SMSF leverage?

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By Leith van Onselen

Assistant Treasurer, Josh Frydenberg, revealed yesterday that the Abbott Government is considering following the Murray Inquiry’s recommendation and banning the ability of self-managed superannuation funds (SMSFs) to leverage into investments. From The AFR:

Mr Frydenberg indicated that the government wanted to analyse whether the strategy of using debt was consistent with the goals of the super system.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.