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
The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Taxation Office (ATO).
In its submission on the draft Superannuation Guarantee Legislation Amendment (Simplification) Bill 2015, ASFA calls for extra resources at the ATO "to detect breaches of SG obligations and to pursue required payments by employers".
Read the full story at Financial Standard.