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Drive for property in super takes a hit

The proportion of prospective SMSF trustees citing property investment as a reason to set up an SMSF has taken a dive, amidst regulatory uncertainty and a fall in the Australian housing market.

Drive for property in super takes a hit
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According to research house Investment Trends’ 2015 SMSF Investor report, the reasons prospective trustees gave for wanting to set up property via their super went down to 27 per cent in 2015 from 37 per cent in the previous survey.

Read the full story at SMSF Adviser.

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