And swinging back thru the thread title, the franking credit changes will change peoples behaviour in the future,as well as now, as the assets test changes already are.What the franking credits changes do is distorts investment flows, and as I will keep repeating, it is the 0 tax rate in pension phase that is the problem.
Labor is trying to fix the problem a about.
Or, they don't really care, and it is all just a smokescreen to advantage industry funds.
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- Proposal to abolish refundability of Franking Credits
Proposal to abolish refundability of Franking Credits, page-209
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