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While many Australians would love to begin investing in property, a large percentage admit they’re not brave enough to take the risk in today’s uncertain economic climate, according to a new survey by Galaxy Research on behalf of State Custodians Home Loans.
Self-managed super funds (SMSFs) are undeniably complex, and they’re made more bewildering by ever-changing rules. DomaCom, a Melbourne-based fractional investment fund manager, is seeking an action in the federal court for a declaration that DomaCom sub-funds are not in-house assets or related trusts for the purposes of the SIS (Superannuation Industry Supervision) Act.
The property market has finally received some much-needed clarification on the federal government’s plan to reduce depreciation deductions for residential properties.
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