24/06/2026
The government just moved to close SMSF property borrowing.
Most people will argue about the policy. I want to talk about the pattern.
As part of its agreement with the Greens, the Federal Government has agreed to remove the ability for future Self-Managed Super Funds to use Limited Recourse Borrowing Arrangements to buy property.
If it passes in its current form, future SMSFs will no longer be able to borrow to purchase an investment property.
Existing arrangements entered into before commencement are expected to be grandfathered.
For years, an LRBA has been one of the few ways an everyday investor could use leverage inside super to accelerate a retirement outcome.
Now the door is closing.
And that is the real lesson.
Investors wait. I see it constantly.
Wait for rates to fall.
Wait for prices to soften.
Wait for more certainty.
Meanwhile the list of strategies that quietly disappeared keeps growing.
Negative gearing reviews. Land tax. Foreign investment rules. Contribution caps. Division 296.
Now SMSF borrowing.
The investors who benefit most are almost never the ones holding out for perfect conditions.
They are the ones who make an informed decision while the option still exists.
As always, get your own legal, tax and financial advice for your situation.
Every year I hear an investor say they will wait until next year.
The problem is that next year tends to arrive with a different rulebook.
Wealth is built through informed action, not endless observation from the sidelines.
History says there will be another change.
The only question worth asking is whether you are positioned before it arrives.
