Labor policy to stop refunding franking credits

The final public hearing of the Parliamentary inquiry into the implications of removing refundable franking credits will be held in Canberra. The last public hearing of the inquiry will be held on Tuesday 26 March 2019, a week before the next sitting of Parliament – likely the last before the… Read More »Final franking credits inquiry public hearing to be held in Canberra

The Parliamentary inquiry into refundable franking credits has scheduled four public hearings in Victoria – all of them in seats held by the Liberal Party, including the one held by Chair of the inquiry Tim Wilson. A House of Representatives Committee has been conducting an inquiry into the ‘implications of… Read More »Franking credit inquiry heading to seats held by Tim Wilson, Kelly O’Dwyer

Labor’s policy to stop most refunds of excess franking credits unfairly targets SMSFs, the SMSF Association has told an inquiry into franking credits. The House of Representatives Standing Committee on Economics has been conducting an inquiry into refundable franking credits – effectively an inquiry into the opposition’s policy to stop… Read More »Labor’s non-refundable franking credit policy unfairly targets SMSFs

Four companies ASX-listed companies have written to their shareholders to ask for their views on Labor’s franking credit policy. One of these companies is Australian Foundation Investment Company Limited (AFIC), which is Australia’s largest Listed Investment Company and has a market cap of over $7 billion. “You may be aware… Read More »Largest LIC asks for shareholder views on Labor franking credit policy

The Australia Institute has bought a full page advert, and started a petition, in support of Labor’s policy to stop most refunds of excess franking credits. The ad ran over the weekend in The Saturday Paper: The Australia Institute calculates that the money raised from stopping refunds of franking credits… Read More »Australia Institute runs full page ad in support of franking credit policy

MP Tim Wilson has not been found in contempt of the House of Representatives for his activities around the franking credits inquiry, though his actions may have fallen below the standard expected, says the Speaker of the House of Representatives. Mr Wilson is the Char of the House of Representatives… Read More »Tim Wilson not in contempt over franking credit inquiry

Tim Wilson’s franking credits inquiry, which has come under scrutiny and criticism, is coming to Western Australia and South Australia. So far the public hearings of the inquiry have been held in NSW, Victoria and Queensland. The newly announced locations are: Carlisle, Western Australia – 25 February 2019 Guildford, Western… Read More »Tim Wilson franking credits inquiry coming to WA, SA

Labor has called for Liberal MP Tim Wilson to resign as Chair of the House of Representatives Committee conducting an inquiry into refundable franking credits. Labor claims that Tim Wilson has a conflict on interest, following from a report in the Sydney Morning Herald detailing connections between Tim Wilson and… Read More »Labor calls for Tim Wilson to resign Chair of Committee running franking credit inquiry

The Parliamentary website of the franking credits inquiry says it is the official page of the inquiry and that pre-registration for public hearings is not required. This is despite the fact that the criticised Stop The Retirement Tax website has been registering attendees. Breaking: Labor have called for Tim Wilson to resign as Chair of the Committee conducting the inquiry into refundable franking credits, claiming a conflict of interest The House of Representatives Standing Committee… Read More »Stop the Retirement Tax website criticised, registrations not required