While rising share and property prices are great news for self-managed superannuation funds, investors should consider diversifying their portfolios into fixed income assets to spread their investment risks and reap more reliable income — an essential for the retirement years.
New data from the Australian Taxation Office reveals SMSFs have almost a $150 billion exposure to Australian property investments alone, with residential and non-residential property investments totalling a record $141.8b in the March 2024 quarter, up 6.2 per cent from $133.5b in the December quarter.
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