Author Archives for wybenga_admin

From Bricks to iPhones: The Evolution of the Telephone

Check out the history of communication, eventually leading to the modern phones we use today.

LRBA stability has been understated

The stability of limited recourse borrowing arrangements (LRBA) within SMSFs has been understated, with their track record highlighting their longevity and safety compared to other forms of property lending, a non-bank lender has stated.

Carer responsibilities don’t meet interdependency criteria: PBR

A parent who was the sole carer for a terminally ill child is not considered to be in an interdependency relationship, according to a private binding ruling.

Look for the red flags that signal unscrupulous advice

While the ATO is watching for signs of illegal early access to superannuation, SMSF trustees should also be on the lookout for red flags, a leading adviser said.

Magnificent Seven: More diverse than they may appear

The Magnificent Seven are more diverse businesses than their shared label suggests

Can I access my super early?

Many older Australians are understandably eager to access their superannuation, but strict rules apply

7 simple steps to get on the investment ladder

Entering the world of investing can be a life-changer for people of all ages. Here are seven simple steps for beginners to start their wealth journey.

SMSF commercial property owners and Div 296 ‘misconceptions’

There are three misconceptions among business owners with SMSF commercial property, a finance expert said

Rise in SMSF inflows indicate more people are moving into the sector

Inflows to SMSFs have almost quadrupled over the past five years and experts warn this trend warrants monitoring as it may signal shifting member preferences toward greater control.

View Division 296 as two-stage event

SMSF practitioners should view the pending Division 296 tax as rolling out in two stages, leading to two similar but different sets of rules in its first few years of operation, an SMSF sector specialist has noted.