The Property Puzzle: A Ban That's More Complicated Than It Looks The Australian government's decision to ban self managed super funds (SMSFs) from borrowing for residential property has sparked a heated debate about its impact on the housing market and state budgets.
On the surface, it seems like a straightforward move to curb a perceived risk to the financial system. However, this issue is far more nuanced than meets the eye.
The ban, introduced as part of budget changes to negative gearing and capital gains tax, has already started to have a chilling effect on builders.