P 07 3726 1200

E admin@savvysuper.com.au

www.savvysuper.com.au

2/250 Orange Grove Road Salisbury QLD 4107

PO BOX 109 Salisbury QLD 4107

© 2016 Savvy Super

An                              production

  • Facebook Social Icon
  • Twitter Social Icon
  • Google+ Social Icon
  • Instagram Social Icon
  • LinkedIn Social Icon

Infrastructure bonds would be good SMSF fit

 

An SMSF strategy specialist has predicted a solid investment opportunity may soon exist for SMSF members if the government decides to issue specific bonds to help fund the infrastructure projects announced in last night’s federal budget.

 

“Don’t be surprised if the government releases infrastructure bonds for the new Sydney airport,” @GrantSMSF founder Grant Abbott said during a post-budget webinar.

“I’d recommend the government issue an infrastructure bond for SMSFs. These types of bonds would be prime for SMSFs because they’d give a guaranteed return over a 25 or 30-year period.”

Abbott acknowledged the government’s attempt to address the housing affordability issue among Australians, but said an alternative method might have been preferable.

He revealed the SMSF Members Association had provided the government with a different approach to tackle the problem.

“Quite often a first home owner’s deposit will be coming from the individual’s parents. 

We find a lot of people who want to get into their first homes need their parents’ support to solve the issue of affordability,” he noted.

“A lot of parents have their money sitting in superannuation, so why not facilitate a loan that is an exception to the in-house assets rule allowing a parent to lend for a first home deposit?” he proposed.

“It would be secured by a second mortgage of course and it would have to have market-value interest rates.”

He suggested that method would be more efficient as it would allow the readily available funds to go directly to the individuals needing assistance to pay the deposit on their first home.

 

#SMSF #retirement #firsthomebuyer #bonds #investment #future #budget

Share on Facebook
Share on Twitter
Please reload

Featured Posts

It's Summertime!

December 1, 2017

1/10
Please reload

Recent Posts

December 1, 2017

November 26, 2017

November 21, 2017

November 5, 2017

Please reload

Archive