FULL INTERVIEW: Your Money host Peter Switzer has weighed in on a mediocre reporting season but says Opposition leader Bill Shorten's franking credits policy has caused a surprising stir in the market.
Mr Switzer says the Labor's franking credits policy has several companies paying 'special big dividends', which are then being spent on further shares because interest rates remain so low. Labor's policy seeks to close a loophole that gives tax-payer funded handouts to wealthy share investors for excess 'franking credits', which are credits that allow Australian companies to pass on tax paid at the company level to shareholders.
Sorry, prefer that money going to run our hospital and schools.
This party has no idea. The blind leading the dumb
One Nation Candidate says it all. 😂😂😂😂😂😂
You can’t lose what is not yours. Ooh look, I lost my Porsche.
If you work all your life and pay tax the labor government want to punish you. How fxxxxxxx is this country now days
& the public setvents also. Shorten is also exempting the Future Fund to protect public service pensions.
It's a bloody lie not concerning. How could it affect every Superfund except Industry funds? Really?
Funny that union run super funds are the ones with best returns and lowest fees,
Game On!
Wow
Only rich retirees with plenty of assets are losing the free money. Industry super keeps us out of the clutches of banks. I’m happy to make good with that.
NO chance resurrecting the fascist racialist piece of SHT SMOLLETT the Money fame whore HOLLYWOOD trollop ,gay ICONS are always BULL-CRAP narrative and ULTRA RIGHT in their method PROVOCATION . SEP_Australia NOT happening for that racialist filth to rise again ON MY WATCH!
they are the winnersbecause they have outperformed the retail funds, isn't winning what incentivizes you
OMG NO Petty bourgeois trash UNIVERSITY radicals are PETTY BOURGEOIS FILTH anti -Marxism which is based 100% for of BY, the working class MOVEMENT !
great that will help the deficit seems like a good idea
Very concerning