Date of article: 4 April 2019
Last updated: 4 April 2019
Council of Financial Regulators (CFR) and Australian Taxation Office (ATO) found in its report that Limited Recourse Borrowing Arrangements are unlikely to pose systemic risk to the financial system at this time.
The Coalition Government will not be making any changes to LRBAs and will instead request that the CFR and the ATO continue to monitor LRBAs in the superannuation system and report back again in three years.
The Report found that:
The Report was commissioned by the Government. Report is available from Council of Financial Regulators.
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