Yes many baby boomers are now moving to the SMSF stage of their retirement. 15% tax on income, 10% on capital gains - it's money for jam compared to the mugs battling it out in the non-super space. Many of the self employed boomers are buying commercial property with their SMSF, then renting to their own business and paying themselves a nice 'rent' to build up the fund.
ahhh yeah ...but it ain't that simple. IF you're self employed and IF you own the commercial premises the business occupies then the strategy 'gels'. But for the average wage slave with wife and kids (and I was one up to 55) nothing but nothing beats a geared resi IP portfolio OUTSIDE super. You can't renovate/improve/develop inside SMSF. You also cannot release the equity of IPs in a SMSF and BOTH are KEY to building equity & growing a large flock. Also much better to use spare cash flow to NG OUTSIDE super than to just contribute to super. LL