High operational costs, intense competition, and ongoing regulatory changes are some of the major concerns among finance leaders for the financial year 2025.
Amendments before Parliament will see a more significant increase to the instant asset write-off threshold but for a limited time frame only, a tax specialist has flagged.
While many feared that the exodus of major banks from the SMSF loans space would spell the end of SMSF borrowing, the volume of SMSF loans remains steady, with many non-bank lenders filling the gap.