Two relatively recent Federal Court cases give the SMSF Industry plenty of food for thought with regards to the investment decisions of a fund. An important factor in both cases was the commercial nature of the transactions undertaken. If we put the spotlight on some of the issues associated with each of the cases, we can highlight the key investment restrictions that could create problems for a fund.
This bulletin will provide a timely reminder of the investment restrictions, specifically focussing on those that catch out SMSF trustees the most.
To read this bulletin in its entirety download the PDF version here.