Jun 23, 2026 – 1.31pmThe Labor-Greens deal to ban self-managed superannuation funds borrowing to buy residential property was more than a decade in the making and, ironically, set in train by the Liberals.Former Commonwealth Bank of Australia chief executive David Murray recommended banning so-called limited recourse borrowing arrangements by superannuation funds in his 2014 financial system inquiry for then-Liberal treasurer Joe Hockey.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles