Original article by Duncan Hughes
The Australian Financial Review – Page: 33 : 7-Dec-15

The Australian Securities & Investments Commission will continue to target individuals and companies that promote the use of self-managed superannuation funds to invest in the property market. The Australian Taxation Office estimates that SMSFs account for about 33 per cent of the $A1.7bn that is held by super funds. Meanwhile, the value of limited-recourse loans taken out by SMSFs has blown out from around $A755m to $A15bn in the last five years.

CORPORATES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIAN TAXATION OFFICE, PARK TRENT PROPERTIES GROUP PTY LTD, SUPREME COURT OF NEW SOUTH WALES, OMNIWEALTH PTY LTD, SUPERANNUATION WAREHOUSE AUSTRALIA, FEDERAL COURT OF AUSTRALIA