The Conversation

At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?

Written by Ben Phillips, Australian National University and Matthew Gray, Australian National University. Labor is banking on about A$5 billion per year from ending the cash payment of company tax refunds to dividend holders who don’t pay tax. It’ll exempt charities, non-profits, pensioners and part pensioners and other Australians on… Read More »At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?

It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor

Written by Elizabeth Savage, University of Technology Sydney. Labor’s proposal to end cash refunds of unused dividend imputation credits is highly targeted. It certainly doesn’t apply to age pensioners, even part pensioners, courtesy of Labor’s Pensioner Guarantee. Self managed super funds set up by pensioners before the announcement are also… Read More »It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor

The superannuation myth: why it’s a mistake to increase contributions to 12% of earnings

So much of the national conversation about superannuation simply assumes that “savings for retirement” is synonymous with “superannuation savings”. This is a big mistake. This mistake partly explains why we got into such a mess with excessively generous tax breaks for super. It also underlies misguided plans to increase superannuation… Read More »The superannuation myth: why it’s a mistake to increase contributions to 12% of earnings