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...
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The Tax Institute has called for increased flexibility around obtaining or retaining complying status for SMSFs where a member transfers residency overseas and then returns to Australia.
In a pre-budget submission, the Tax Institute said it is advocating the removal of the active member test.
Read the full story at SMSF Adviser.