The Northern Territory news Mon 4 Feb 2019
NT news
The Northern Territory news; NewspaperNT
2019-02-04
This publication contains may contain links to external sites. These external sites may no longer be active.
English
Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin
News Corp Australia
Darwin
application/pdf
Copyright. Made available by the publisher under licence.
News Corp Australia
https://www.legislation.gov.au/Details/C2019C00042
https://hdl.handle.net/10070/307546
https://hdl.handle.net/10070/343147
02 NEWS MONDAY FEBRUARY 4 2019 NTNE01Z01MA - V1 Wicking ...........................12 Your Say .........................12 Speak Up ........................ 13 Andrew Bolt ................... 11 Business .........................16 Mega Crossword ...........18 Horoscopes ...................23 Sudoku ...........................23 Comics ........................... 26 Television ......................26 Classifieds ..................... 24 Weather ........................39 Sports update ...............29 Racing ............................19 GENERAL INQUIRIES: 8944 9900 l ADVERTISING: 1300 857 202 l CLASSIFIEDS: 8944 9999 l CIRCULATION: 1800 639 700 ONLINE: www.ntnews.com.au l EDITORIAL EMAIL: news@ntnews.com.au l OTHER INQUIRIES: online@ntnews.com.au RACING: 19 All the form from all the big races nationwide, plus tips from the experts BUSINESS: 17 Landlords are battling financial headwinds, including weaker house prices www.nt.gov.au/becrocwise www.nt.gov.au/becrocwise www.nt.gov.au/becrocwise www.nt.gov.au/becrocwise 0 9 30 1 9 2019 CROC CAPTURES LABORS elite will escape their $56 billion attack on hundreds of thousands of Australians superannuation, and some will retire on nearly $200,000 a year. A News Corp Australia investigation reveals only two of Bill Shortens top-20 team members are likely to be among the 840,000 Australians hit by the ALPs nest egg raid, which will leave some self-funded retirees on modest Labor fat cats to avoid super tax crackdown incomes with 15 per cent less to live on. The Opposition Leader himself and shadow finance minister Jim Chalmers are set to be unscathed by their plan to abolish cash refunds for excess tax credits on share dividends, as is treasury spokesman Chris Bowen who last week dared those affected to vote against us. Mr Bowen made the comment, which Treasurer Josh Frydenberg labelled arrogant, after being confronted by a self-funded retiree living on about $60,000 annually who said he would be $5000 a year worse off under Labors changes. Mr Shorten yesterday invoked Margaret Thatchers famous U-turn remarks to defend the policy, vowing were not for turning. Do people want a government with tax principles and fairness at their core or do they just want a lump of political putty? Mr Shorten told the ABC. Some long-serving Labor figures such as Tanya Plibersek are likely to retire on nearly $200,000 because they are in a politician-only super scheme so generous their own party successfully fought to get it closed to MPs elected after 2004. Its understood Penny Wong and Anthony Albanese are in line for similar lifetime payments once they leave politics. Unlike most parliamentarians, neither discloses their super arrangements on the pecuniary interests register. Ms Pliberseks office confirmed she was in the pre-2004 parliamentary defined benefits scheme but did not respond when later asked about the likely size of her lifetime pension. Its believed she and other senior Labor figures in that scheme are in line for annual taxpayer funded retirement payments of nearly $200,000. Analysis of the parliamentarians pecuniary interests register shows the only Labor luminaries likely to lose out in the franking credits crackdown are shadow Attorney-General Mark Dreyfus and Senator Kristina Keneally who are in selfmanaged super funds (SMSFs). EXCLUSIVE JOHN ROLFE SPORT: 29 Super Bowl LIII presents neutral fans with one decision the old or the new HOROSCOPES: 23 Let the stars point you towards a fresh approach to manifesting dreams DEAL WITH A TERRITORIAN Darwin Land Rover 364 Stuart Highway, Winnellie 8946 4444 ntlandrover.com.au LMVD1015 SHOWROOM HAS MOVED DEMO RUN OUT SALE 2017 Land Rover Discovery HSE TDV6 3.0L, 7 Seater, Diesel, Fuji White, Ebony, 10,512km 504249 $99,990 DRIVE AWAY 2017 Land Rover Discovery SE SDV4 2.0L, 177kW, 7 Seater, Diesel, Corris Grey, Ebony, 79km 504280 $89,990 DRIVE AWAY 2017 Range Rover Evoque HSE TDV4 2.0L, 177kW, 5 Seater, Diesel, Santorini Black, Ivory, 4,912km 504282 $77,600 DRIVE AWAY 2017 Land Rover Discovery SE TDV6 3.0L, 7 Seater, Diesel, Fuji White, Ebony, 78km 504731 $97,690 DRIVE AWAY 2018 Range Rover Velar R-Dynamic HSE SDV6 3.0L, 5 Seater, Diesel, Fuji White, Ebony, 118km 504756 $124,990 DRIVE AWAY 2017 Land Rover Discovery SE TDV6 3.0L, 7 Seater, Diesel, Montalcino Red, Ebony, 4,625km 504757 $93,990 DRIVE AWAY 2018 Land Rover Discovery Sport SE TD4 2.0L, 7 Seater, Byron Blue, Ebony, 95km 505099 $73,990 DRIVE AWAY 2 years/100,000km extended warranty available on all advertised vehicles. 2018 Land Rover Discovery SE TDV6 3.0L, 7 Seater, Diesel, Corris Grey, Ebony, 62km 505174 $104,250 DRIVE AWAYSOLD