The median ‘operating expense’ for a self-managed super fund (SMSF) is $3,923 a year, according to the Australian Office of Taxation (ATO), far lower than the $13,900 quoted in a recent SMSF factsheet ...

Don't miss out on the headlines from Business. Followed categories will be added to My News. The latest annual numbers on the sector says the average balance for female SMSF members lifted by 23 per ...

Criminals are targeting the $1 trillion SMSF sector as they try to steal Australians’ retirement savings, regulators say. ...

The Australian Tax Office has sent caution letters to the operators of 2000 SMSFs about illegal ‘divided washing’ practices, as trustees are again being told to take heed of warnings or risk facing ...

One in seven self-managed superannuation funds fail to lodge tax returns on time, or at all, leaving the regulator in the dark about the risks in the booming $1 trillion industry, which is growing by ...

Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The Sun ...

In fact, it’s less than 1 per cent of total SMSF assets. But that’s the amount of money SMSF trustees are holding in what the Australian Taxation Office describes as “collectables and personal use ...