Labor policy to stop refunding franking credits
The Parliamentary inquiry into refunding franking credits is coming to Queensland – a key battleground in the upcoming Federal election.
Following from public hearings in New South Wales and Victoria last year, the inquiry will be holding public hearings in Queensland in late January.Read More »Refunding franking credits inquiry comes to Queensland
Labor’s policy to stop most refunds of franking credits is cruel blow to retirees, and fails four tests of public policy, says the Alliance for a Fairer Retirement System.
The Alliance for a Fairer Retirement System says Labor’s franking credits measure fails four tests of sound public policy – adequacy, sustainability, certainty, and “most importantly” fairness.Read More »Labor’s franking credit policy a “cruel blow” to retirees
Labor is facing a backlash on its policy of stopping most refunds of franking credits from the “grey army” of over 1 million self-funded retirees, Advance Australia has claimed.
Advance Australia, sometimes described as the conservative answer to GetUp!, has so far received over 6,500 signatures on its petition against Labor’s policy and has a target of 10,000.Read More »Labor facing backlash on franking credits from ‘grey army’
SMSFs are likely to switch from Australian shares to international equities if Labor’s plan to stop refunds of dividend franking credits goes ahead.
A survey of SMSF trustees by SuperConcepts has found that 72% of respondents plan to change their investment strategy in response to the loss of franking credit refunds.Read More »SMSFs likely to switch to international shares under Labor franking credit plan