SMSF investment ban starts today
The Federal Government's ban on SMSFs investing in residential property takes effect today. This restricts self-managed super funds from purchasing residential real estate as an investment vehicle.
How does the SMSF residential property investment ban affect tradies and builders?
May affect builders and property developers who relied on SMSF buyers as a customer segment. Could reduce demand for new residential builds and investment properties.
Key takeaways
- SMSFs can no longer invest in residential property starting today under new Federal Government rules.
- Builders and developers may see reduced demand from SMSF-backed property investors.
- Tradies working in the residential investment property space could feel indirect impact.
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