On 25 June 2026, a Parliamentary Amendment was agreed to that makes changes to the Limited Recourse Borrowing Arrangement (LRBA) Provisions for regulated superannuation funds.
This is now law.
The change applies to arrangements entered into on, or after 10 August 2026 and:
- changes the meaning of an acquirable asset to exclude the purchase of real property that does not meet the definition of 'business real property'
- does not impact arrangements existing prior to this date
- does not impact the refinancing of arrangements existing prior to this date.
For more information, see Treasury Laws Amendment (Tax Reform No. 1) Act 2026External Link.