THE SMSF CHANGES & PROPERTY 2026

From the desk of our Mortgage Broker Brandon Ngadino

 brandon@checkmyrate.au

SMSF changes and how they'll affect your clients from 10 August.

 LRBA lending (type of lending for SMSF transactions) is banned from 10 August

SMSFs will no longer be able to borrow to buy residential property. This was one of the last wealth-creation tools left post the negative gearing and CGT changes. Expect a rush of clients wanting to buy before the door closes, as we have seen a big push in the Eastern states. 

 What this means for you: Clients need to exchange (not settle) before 10 August 2026

 How to vet suitable clients: Clients must have an appropriate trust and company established, must have spoken to a broker, accountant or financial advisor. Pre-approval is of course another tick; however, if they are arranging this now, high unlikely a pre-approval will be awarded over the next few days. 

 Questions you may ask..

Have they set up the right trust/company structure? (The big one.)

• Are they engaged with a lender? Major banks won't touch SMSF lending... expect a private or second-tier name. Flick me the details if you want a second opinion.
• Do they have a financial adviser or accountant? If not, they're behind the eight ball.

 Purchasing power: typically, $600K–$800K

Borrowing is based on super contributions plus rental income. The concessional (before-tax) cap is $32,500 per person for 2026/27, which naturally caps purchase prices lower than a standard home loan. Clients can contribute more, but extra amounts are taxed as non-concessional. A superfund of $160k-200k will typically cover a purchase of $500k-$800k. 

Set expectations early - SMSF buyers won't be stretching to $1M+ properties. 

Wise words from Brandon - thank you. It's hard enough to navigate buying property and now they want to screw all transactions on SMSF - doesn't this bloody Government want us to manage our retirement.??

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!

SELLING MOSMAN PARK & THE WESTERN SUBURBS!!

KEEPING IT REAL IS OUR MOTTO