minimum amount for setting up smsf, page-9

As said, it's a personal thing. Weigh up costs and your time, which is better value if you have a larger amount.

ATO say about $200k as a guide but that's based on avmuch erage / Accountant type admin, but most people here are very DIY and lowest-cost types so that really doesn't apply.

Another thing I often point out is that it depends what you are wanting to achieve? If it isn't hands on trading / investing or a property etc then their MAY be other reasonably low-cost options. Bottom line is I've met some people that had over $500k in super and didn't want or need a SMSF because they didn't want hassle, complication, liability or time commitment (as small as it may be) AND were pretty happy with the costs / service from their current wholesale super fund.

Like I said, it's a personal thing and I hope that's a bit of a balanced view. Merry Chrstmas all!!