Australian Financial Review --- Page: 56 : 1 May 2008 Original article by Lisa Carapiet
LexisNexis Summary
After recent reforms in Australia, self-managed superannuation funds (SMSFs) are now allowed to gear for investment. However, some strict conditions still apply to investment in property assets, and the Australian Taxation Office has warned fund managers to be aware of them. Meanwhile the uptake of the real estate investment option by SMSFs so far has been lacklustre, mainly because of the current environment in the property market. In mid-2008 only a tenth of all such entities have invested in real estate.
