Labor closes superannuation loophole, affecting 1.2 million Australians' investments
Labor’s tax deal with the Greens closed a superannuation loophole by barring self-managed super funds from borrowing to invest in residential property. This reform, passed on Thursday, affects approximately 1.2 million Australians with around $63 billion invested in housing. The government argues this change makes the super system safer while addressing concerns about property investor impacts.
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Summary by OZbrief Editorial · The Guardian Australia – News · Source
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Published 25 Jun 2026, 15:00 UTC · Updated 25 Jun 2026, 15:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – News. Editorial policy · Corrections
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