Unemployment hits record low, but less people looking for work
While the unemployment figure dropped to 3.9 per cent, only 4,000 new jobs were created and 7,000 people gave up...READ MORE
In light of speculation that the government’s budgetary super measures are set to be watered down, several voices in the industry believe it’s the $500,000 lifetime cap on non-concessional contributions which will be most radically adjusted.
Over the weekend, Prime Minister Malcolm Turnbull left the door open to changing the government’s super tax proposals as announced in the federal budget.
Read the full story at SMSF Adviser.