I'll bet you aren't interested in line by line analysis. Very wise decision probably.The post 109k income bracket numbers as stated, cant actually be like that, they are not consistent with the income tax scales the pensioner line, a great step to the side.
The policy is crap, but at the moment probably politically expedient. However, the inconsistencies will hit the light of day under closer scrutiny, closer to the election My feeling is that eventually the sheer amateurishness of the policy, will reflect poorly on labor's credentials as good economic managers, and pose a risk , when they have an election that only missteps by them will lose.
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Proposal to abolish refundability of Franking Credits, page-269
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