Super Funds Can't Borrow for Property Anymore

The government has struck a deal with the Greens to overhaul tax rules, closing a major loophole that lets self-managed super funds borrow to buy residential property. This move, part of a broader package including capital gains tax tweaks, aims to make super safer and focused on retirement—not property speculation. Though not entirely unexpected, it’s unpopular with SMSF investors and property sellers, who see it as a blow. Economists and former regulators support the change, arguing it reduces financial risk. Treasury says SMSFs account for less than 1% of residential borrowing, so housing prices won’t be heavily impacted. The reform is prospective—only affecting new investments—and was a political compromise to pass legislation in a divided Senate. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab8549e382dd05fc