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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Scott Morrison has played down the appearance of rifts between the state and federal Liberal governments over negative gearing policy, instead commending NSW for pursuing reforms to free up supply to improve housing affordability.
The Treasurer tried to defuse calls today from NSW Liberal Planning Minister Rob Stokes for the Turnbull government to review its stand on negative gearing as part of a push aimed at assisting more Australians into home-ownership rather than favouring investors with million-dollar policies.
Read the full story at the Australian.