Jun 23, 2026 – 11.53amPeople with self-managed superannuation funds are the latest casualties of the federal budget after the government caved in to a demand by the Greens to ban the funds from borrowing to purchase residential properties and avoiding the capital gains tax increase.The closure of the so-called loophole, along with an agreement to postpone by two months the passage of the legislation to reform the NDIS, means the Greens will now pass the budget bill in its entirety before parliament rises for winter at the end of next week.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
SMSFs hit as government caves in to Greens
The government has yielded to the Greens and agreed to ban SMSFs from borrowing to purchase residential properties and avoiding the CGT increase.
TL;DRAI
Australian government bans SMSFs from residential property lending and CGT deferral under Greens budget deal. Tax policy shift signals fiscal tightening on alternative investments; limited operational impact on tech teams but noteworthy for executive personal finance planning in Australia.
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