Although Self-Managed Super Funds (SMSFs) are normally not permitted to borrow, one of the exceptions to this rule is an SMSF Limited Recourse Borrowing Arrangement (LBRA). A simple outline of how this works: Your SMSF wants to buy property. It doesn’t have enough to pay for the full purchase. It seeks out a loan from […]
Archives for October 2018
Why Petrol Prices are High & Tips on Saving Fuel
Petrol prices have reached record levels with some regional areas paying more than $2 a litre for fuel. Filing up the car with petrol is usually one of the biggest weekly purchases for most families. So what’s caused this spike in price and is there anything we can do to reduce our petrol cost? Price […]
Are we at the end of a bull market?
I read last week that the Standard & Poor’s 500 index (S&P 500, which is a measure of 500 of the largest companies in the USA) closed at a record high for the 100th time since the election of President Trump. Finishing the day at just under 3,000, the closely watched index suggests the US […]