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Use Your Self Managed Super Fund to Borrow & Purchase Property

Thursday, 03 April 2008
Recent amendments to the Superannuation Industry Supervision Act (SIS ACT) in September 2007 now allow a super fund to borrow and charge their assets as long as a special structure is used. This means that your Self Managed Super Fund can now borrow to purchase real estate.
Read more... [Use Your Self Managed Super Fund to Borrow & Purchase Property]

Interest Rates: Are We at The Top of The Cycle?

Thursday, 03 April 2008
On Tuesday 1st April the Reserve Bank of Australia (RBA) made the decision to leave the official cash rate unchanged. While this was the outcome many analysts expected it still comes as pleasant news to mortgage holders. The official cash rate is now sitting at a 12 year high of 7.25% and according to Allen Oster, Chief Economist of National Australia Bank, we are likely to see rates remain on hold for now and a possible reduction in early 2009.
Read more... [Interest Rates: Are We at The Top of The Cycle?]

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