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
Liberal National MP George Christensen says he will vote against the government’s promised $6 billion crackdown on superannuation concessions unless the Coalition overhauls the policy.
Mr Christensen, who sits in the Nationals party room, said he had made “clear” to Barnaby Joyce that he could not support a “retrospective” $500,000 lifetime non-concessional cap on fund balances, backdated to 2007, or the $1.6 million cap on the lump sum that can be used to fund tax-free super income.
Read the full story at the Australian.