The Australian Government has agreed to ban SMSFs from using LRBAs to purchase residential property.
📅 When does it start?
The ban will begin 45 days after the bill passes Parliament (not in effect yet)
🧾 What this means:
✅ New rules: SMSFs will no longer be able to use LRBAs to buy residential property. New buyers after the ban starts – locked out
✅ Existing loans: No changes — fully protected
✅ Deals in progress: A 45-day transition period will apply after the law is passed
✅ Commercial property: Not specifically included — early indications suggest it may remain unaffected
⚠️ If you’re currently in a deal:
Timeframes will matter — speak with your accountant or solicitor to confirm where you stand and ensure you’re protected!
📌 For informational purposes only. Not financial or legal advice. Details may change as legislation is finalised.
