A million reasons to watch SMSFs

The number of Australians involved in SMSFs has surged past the million mark ... now everyone wants to know what they're doing.

Summary: Individuals who are part of the SMSF revolution now number more than one million – and their influence over investments is rising. Within property, recent figures by the ATO have revised the level of limited recourse borrowing arrangements held by SMSFs to $8.3 billion from $2.6 billion. Meanwhile, SMSF holdings in listed Australian shares have increased by 18.5% to $177.6 billion over the past year.

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