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Monica Rule

Ten things for SMSF trustees to check before EOFY

As 30 June approaches there are many things SMSF trustees must consider to maintain a complying superannuation fund as well as take advantage of tax benefits. Here’s Monica’s top ten things for the ‘to do’ list.

Changes to SMSF contribution methods

If your SMSF receives contributions from an unrelated employer, you need to prepare now for changes to the way contributions are received which come into effect on 1 July. Paper transactions will soon be a thing of the past.

Beware Division 293 tax on superannuation contributions

Division 293 tax has arrived and many high income earners have already received an unexpected tax assessment on their super contributions. Find out the details and whether this new tax will affect you too.

Make sure going overseas does not spoil your SMSF

If your SMSF loses residency status while you are overseas, the tax penalties are significant enough to spoil your retirement. Being aware of the rules and options available allows you to avoid the hurt and enjoy the homecoming.

Six property potholes for SMSFs to avoid

There are stringent rules and regulations to follow when an SMSF borrows to invest in property. And despite what you might hear in the market, your SMSF cannot be used to pay off the home you live in.

SMSF borrowing for land development is not fertile ground

Using a limited recourse loan to buy property within a SMSF sounds great but the restrictions on such arrangements will work against you when it comes to improving or developing the land.

Latest Updates

Back to the future - Why indexing CGT is a good idea

A return to indexation of capital gains would be a fairer way to compensate households for the effects of inflation than the current discount. Importantly, it opens the door to future, broader reforms to stop the taxation of inflation.

Australia has no death duties. Technically.

Australia may not levy formal death duties, but a growing web of tax measures is quietly shaping what wealth passes between generations. Now, the 2026 budget adds another layer.

Strategy

The folly of the Iran war

From oil shocks to fractured alliances, the Iran war carries the hallmarks of a historic policy misstep - one that could tip an already fragile global economy into crisis.

Taxation

Noel Whittaker’s take on the budget

Marketed as a fix for inequality and housing affordability, the latest budget instead delivers a tangle of tax changes that leave everyday Australians worse off.

Investment strategies

The red metal's long game

Copper has had a rough few weeks but investors should not ignore the potential for future price increases as supply increasingly falls behind demand.

Taxation

The lesser-known effects of changed property taxes

The budget’s property tax reforms are being framed as fairness measures, but they risk splitting the housing market, penalising lower‑income investors and introducing distortions that may prove costly.

Latest from Morningstar

Why stocks sometimes fall for no obvious reason

The vast and opaque world of private assets is a powerful gravitational force - and when trouble hits, it's the more liquid public equities that often the feel it first.

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