In September 2007, amendments were made to the Superannuation Industry Supervision (SIS) Act 1993, allowing for a regulated SMSF to borrow or acquire assets by a third party. Beneficiaries of the superannuation fund are held on trust for the SMSF. An SMSF can now borrow money to acquire property assets up to a maximum of 65% for commercial property and up to 80% on a residential property. The asset belongs to the superannuation fund and any profits from the sale of the asset can’t be accessed until retirement age. Talk to us about your SMSF.