‘Another hindrance’ for already-weak market: Westpac stops SMSF home lending

https://www.domain.com.au/money-markets/westpac-stops-smsf-home-lending-another-hindrance-for-alreadyweak-market-20180716-h12qmr-752549/

Mum & Dad investing through SMSF, particularly in residential property are in a high risk invironment due to lack of diversification and the banks don’t like it.

Other major lenders will surely reassess their lending practice’s and may well follow suit.

http://www.abbcon.com.au

https://www.domain.com.au/money-markets/westpac-stops-smsf-home-lending-another-hindrance-for-alreadyweak-market-20180716-h12qmr-752549