The Government Has Banned Super Borrowing. What Now?
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The SMSF borrowing ban is now in effect.
As of August 12, Australians can no longer use their self-managed super fund to borrow money to buy property. In this episode of the Positive Property Show, George Markoski and super expert Jeff Bennett go through what investors can still do inside super, why the government has been steadily restricting superannuation for 20 years, and what this means for anyone building a property portfolio with retirement in mind.
George also covers the RBA holding at 4.35% while every other major Western central bank has already cut rates, why inflation won't return to target until 2028, and why the high-end negative gearing market for luxury properties is now collapsing under the new rules.
About Positive Property:Positive Property has been empowering Australians to build financial freedom through strategic property investment for over 20 years. Founded by George Markoski, the community is built on the mission to help 10,000 Australians achieve financial independence through proven, principle-based property investing.
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