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Recent Questions & Answers

Is this allowed?

Tony Negline

My daughter is in the process of selling the unit where she now lives to move to a bigger house.

I want to buy the property at market value outright from the pension fund of my SMSF which I jointly hold with my wife. It will form part of our portfolio in the SMSF and we will rent it through an agent at market value to a third party not related or known to us.

Am I doing this within the rules of the SMSF?


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Interest rate securities

Paul Rickard

There is a growing rage of interest rate securities available which the ASX divides into separate classes e.g. hybrid type securities, convertible note, floating interest etc.

Could you please explain these classes and the pro’s and cons of each?

Also, I understood AGB’s were to have been tradeable on the ASX in March but I cannot find any AGB’s listed. Could you please advise how an SMSF can buy AGB’s and whether you would recommend an AGB over say a Bank issued interest rate security?

Thanks.


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Changes to super

Paul Rickard

Is the $100,000 threshold per person and determined by the allocation of monies within the SMSF, or is the $100,000 threshold based on the total income?


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Changes to super

Paul Rickard

I reference your recent article Still a super slug – if ever legislated. Can you please explain further your comment that if you purchased assets prior to 1 July 2024 and if they are supporting a pension, they will remain free of capital gains tax. I thought the $100,000 threshold referred to all gains related to the sale of assets purchased after 5 April 2013, if when added to income breached the $100,000 threshold. Thanks


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