Much ado about nothing: APRA and SMSF loans

Last week APRA sent a letter to the banks regarding loans to SMSFs. The ensuing days saw the following headlines appear in various business news publications: 'APRA warns banks on loans to SMSFs' (The Australian) 'APRA cautions banks on home loans to SMSFs (AFR) 'APRA warns banks on risks of SMSF loans' (Business Spectator) 'APRA guidelines on SMSF loans a warning' (Morningstar) 'The APRA move on SMSF lending' (MacroBusiness) Perhaps it was a slow news day, or perhaps the heatwave was getting to everyone, but APRA's letter was anything but a warning to, or move on, the banks. It simply clarified...

Last week APRA sent a letter to the banks regarding loans to SMSFs. The ensuing days saw the following headlines appear in various business news publications:

'APRA warns banks on loans to SMSFs' (The Australian)

'APRA cautions banks on home loans to SMSFs (AFR)

'APRA warns banks on risks of SMSF loans' (Business Spectator)

'APRA guidelines on SMSF loans a warning' (Morningstar)

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