Key take-out: An SMSF is banned from lending money to members and their associates, but can lend to an independent party on commercial terms.
I am thinking of setting up an SMSF and rolling into it $100,000 I have in AMP. Then I will direct all of my employer super to the SMSF. Once set up, can I transfer the property which I own and pay a mortgage? If yes what is the benefit?