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Coalition MP George Christensen has threatened to cross the floor over the government’s proposed superannuation changes, saying the measures would “punish people for funding their own retirement”.
Mr Christensen says the proposed super policies – particularly the $500,000 non-concessional cap, to be applied retrospectively, and the $1.6 million pension fund transfer cap – need to be changed.
Read the full story at SMSF Adviser.