Alliance for a Fairer Retirement System

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Updated fact sheet: Who will be affected by the denial of cash franking credit refunds?

The ALP’s policy to remove cash refunds on franking credits was according to Bill Shorten targeted at “the wealthiest 10% of SMSFs”. As analysis of ATO data and the Treasury reveals, however, it is those on modest incomes who will be most affected.

Read our fact sheet to find out more.

Josh Geersfact sheet