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
Self-managed superannuation funds (SMSF) that are paying pensions to their members enjoy two key tax concessions. One is tax-free pension payments where members are over 60. The second is tax-free investment earnings on super from which pensions are being paid.
Read the full story at the Australian Financial Review.