Keep SMSF finance flowing to new homes while evidence is assessed
The Housing Industry Association wants SMSFs to keep using Limited Recourse Borrowing Arrangements for new home construction while policy impact is reviewed. The HIA is backing a pause on any changes until evidence is gathered.
Will changes to SMSF borrowing rules dry up finance for new home construction?
Builders and developers could see reduced financing for new residential projects if SMSF borrowing rules tighten. Affects workload and project pipelines for builders and tradespeople.
Key takeaways
- HIA supports keeping SMSF Limited Recourse Borrowing Arrangements for new home builds during review.
- Government is assessing the impact of its current SMSF financing policy on housing supply.
- Any tightening of SMSF borrowing rules could reduce funding available for new residential construction.
- HIA wants evidence gathered before any policy changes are made to SMSF lending arrangements.
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