Post by Australian Finance Industry Association

AFIA, alongside the Mortgage & Finance Association of Australia (MFAA) and CAFBA – Commercial & Asset Finance Brokers Association of Australia, have today sounded the alarm over the proposed SMSF lending ban, warning it could reduce investment, tighten credit and impact housing supply. LRBAs have long supported a well-regulated, niche segment helping Australians diversify retirement savings. Now is the time for careful consultation to ensure policy changes don’t unintentionally disrupt lending markets or investor confidence. Read the full media release in the comments. Diane Tate Melynda Carpenter GAICD Roza L.