Real Estate & Home

SMSF buying ban: 'ordinary Aussies' to suffer

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New regulations ban Self-Managed Super Funds (SMSFs) from borrowing for residential property, a move that may disadvantage 'ordinary Australians' and undermine retirement saving strategies. This change impacts individuals using SMSFs for property investment, potentially limiting diversification and future wealth accumulation. Developers and financial advisors will need to adapt to these new investment constraints.

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