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Up to 4 members who need to be trustees or directors of the trustee company.

You don't need one, but if the trustee of the SMSF will be borrowing to buy property then a fin planner would be forced upon you by the lenders...

There are no longer any commissions available for planners. Banned since July 1 this year. Property is not a financial product so planners should be able to recommend property even it is it not on the authorised innvestments list of their licence holder. I guess it will take a while for the...

Already happening I think - one recent policy change.

could be market rates

Not really. You could lend a SMSF, of which you are a member, interest free or with market interest. But you need to be careful and couldn't make too much profit or charge interest higher than you are borrowing money because this would be a way to extract money from the fund. e.g you borrow at...

This is actually a trust law issue. Trustees must act prudently. This means they must wear those long bathing suits down to their knees and elbows and also that they must invest wisely and no take unnecessary risks etc. Putting all the trust's assets into one property which is highly geared may...

A SMSF can borrow from a member or related person. But not the other way around. Has to be done properly otherwise it could be deemed to be a contribution and that could mean heavy taxes if over the caps etc.