Jul 27, 2026 – 5.00amNon-bank lenders wrote more than 16,000 residential loans to self-managed super funds last year, more than four times the total the federal Labor government cited when justifying a ban on SMSFs borrowing to buy homes, new Australian Finance Industry Association (AFIA) figures show.The industry body said its 150 members wrote the loans in the 12 months to June and that data the federal government cited last month of just 4000 loans to SMSF borrowers vastly underestimated the total.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Labor’s SMSF home borrowing ban ‘vastly underestimated’ non-bank loans
New figures from the lenders’ industry body show they wrote more than four times the number of home loans than the government claimed when justifying the new rules.
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