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Refinancing for related party loans predicted to rise

With the safe harbour interest rate expected to see a significant jump for the 2023-24 income year, this may prompt some SMSFs to refinance their related party loans with commercial lenders. Speakin ....

Miranda Brownlee , Peter James , Yannick Leko , Mortgage Ezy , Reserve Bank , Australia Indicator Lending Rates ,

Limited take-up of refinancing for related-party loans

Despite many SMSF lenders offering competitive rates and terms compared with the ATO’s safe harbour terms, only a small number of trustees have looked to refinance their related party loans, accor ....

Miranda Brownlee , Yannick Leko , Investor Daily ,