All Posts

Running an SMSF Today: Embracing Change for a Brighter Financial Future ======================================================================= Running an SMSF today looks very different from just a few years ago. The rise of digital tools, automation, and a new wave of younger trustees is reshaping how funds are managed – and what people expect from their administrators. As 2026 gets underway, the focus is on smarter systems, clearer reporting, and better support for trustee

Behind every self-managed super fund (SMSF) is a simple but powerful structure – the trustees, the fund, and the trust deed. Together, they form the framework that defines how your fund operates, who controls it, and how decisions are made. If you’re new to managing your own SMSF, understanding this structure is one of the most important steps you can take. Once you know how each piece fits together, the compliance side becomes much easier to manage. 1. The core components o

Your self-managed super fund (SMSF) is more than a set of accounts – it’s part of the future you’re building for yourself and the people you care about. SMSF insurance  is one way to help protect that future if life takes an unexpected turn. Inside an SMSF, insurance works a little differently. The details matter. Every policy, payment and record needs to be set up and managed correctly to stay compliant. That’s where Andromedae comes in. We take care of the documentation an

Learn how Andromedae prepares your SMSF for tax season, from reconciliations to audits, keeping your fund compliant and ready for the year ahead.

Discover trusted crypto platforms for SMSFs. Learn how Coinstash and OKX help trustees stay compliant with ATO rules. Clear, factual guidance from our Andromedae team.

If you’re into crypto, chances are you like the idea of freedom, control, and the chance to grow your wealth outside the usual system. So, can you bring that mindset into your super? The short answer: yes. The ATO allows cryptocurrency to be part of a self managed super fund (SMSF) portfolio. But – and it’s a big one – there are strict rules around how it’s done. Crypto in an SMSF isn’t about day trading on your phone or sending tokens to your mate’s wallet. It’s about treati

For Australians, property has always been more than bricks and mortar. It’s the dream discussed over the BBQ, the reason auction crowds spill out onto suburban streets, and for many, the backbone of wealth-building. It’s no wonder that self managed super fund (SMSF) trustees often look to property as part of their retirement strategy . Alongside shares and cash, it remains one of the most popular asset classes inside SMSFs. But here’s the catch… property in super isn’t as sim

Running a self managed super fund (SMSF) used to be a slow, paper-heavy process. Trustees relied on mailed statements, manual reconciliations and physical signatures to keep their fund compliant. Today, digital tools have changed that experience. Automation, secure portals and cloud-based reporting are helping trustees save time, reduce errors and keep better track of their obligations. At Andromedae, we see the difference these tools make every day. They lighten the load for

When you think of a self managed super fund (SMSF), you might picture your parents or even your grandparents. But the reality is that more and more young Australians – including Gen Z – are stepping in earlier. Why? Because what matters to you is different. You care about freedom, flexibility, and making sure your money reflects your values. You’ve grown up digital-first, with side hustles, small business opportunities, and an awareness that waiting until retirement to “get s

Is your SMSF protected? What you need to know about scams Self managed super funds (SMSFs) give trustees control over their retirement savings – but that control also makes them an attractive target for scammers and fraudsters. The Australian Taxation Office (ATO) repeatedly warns trustees  to stay vigilant, as millions are lost each year to investment scams and cybercrime. At Andromedae, our role is to make SMSF administration simple and compliant. That includes helping tru

Discover SMSF property investment trends in 2025. Learn LRBA borrowing rules, lending conditions, risks and opportunities for trustees.

Stay updated on SMSF rule changes for 2025–26. Learn the new contribution caps, tax updates, ATO compliance focus, and what trustees should do next.

Learn how to claim a tax deduction for personal super contributions in your SMSF. Steps, common pitfalls and a checklist to keep you on track.

Learn how SMSF tax works, from lodgement dates to audits. Understand the differences from personal tax and why refunds are less common.

Breaks down the new Division 296 “$3M super tax” law: who it affects, how it works, and what actions SMSF trustees should consider. Highlights specific impacts on SMSFs holding crypto.

If your SMSF has invested in property using a Limited Recourse Borrowing Arrangement (LRBA) or Bare Trust, you might be wondering whether you can make improvements—like adding solar panels. It's a common question and a good one too. With rising energy costs and a growing interest in sustainability, solar is an attractive option. But SMSFs come with strict rules, especially when borrowing is involved. Here’s what you need to consider before making any solar upgrades to an LRB

For many Australians, property remains a trusted pathway to long-term financial security. But when it comes to investing, where you hold your property—inside superannuation or in your personal name—can have a big impact on your financial outcomes, especially when it comes to tax. This article explores how the tax treatment of property differs inside and outside of super, both before and after retirement. While we’re not here to offer financial advice, we aim to provide a cle

This is one of the most common questions we hear when people start thinking about setting up a self-managed super fund (SMSF) with their partner, family member, or friend: “If we’re in the same SMSF, do they get my super?”

Introduction to Division 296 Tax The Australian government is proposing a new tax, known as Division 296, targeting individuals with superannuation balances exceeding $3 million. If enacted, starting from 1 July 2025, this tax would impose an additional 15% on the earnings attributable to the portion of your super balance over $3 million. Importantly, this tax applies only to the proportion of earnings related to the excess amount, not your entire super balance. Moreover, if

Meet Helen Helen was 65, recently retired, and thinking about what would happen to her assets when she passed away. As a single mother, she had worked hard to raise her two children, Ben and Sophie, and now wanted to make sure her superannuation—one of her largest assets—was passed on to them in the best way possible. She had saved diligently throughout her career and had an SMSF with a balance of $800,000. Her plan was simple: she wanted to split her super evenly between her