by rannii  16/10/2015  123 Page Views
0 Comments  Self-managed super funds, superannuation, wealth management
Unsure whether this is the correct spot to post of not.



I have a vague recollection that you cannot charge interest on private loans in Australia.


Is this correct??? I am in a position where I need to borrow funds fast & hoping a friend could assist.   However, I doubt they would want to part with this money for 12 months when they could earn $$ else where.


Does anyone know what the regulations in Australia are?