Franking Credits, Refunds and the effect on retiree pensions There has been much publicity about Labor’s announcement of its policy to scrap franking credit cash refunds. To understand ‘franking credits’ we need to go back to the ‘imputation system’ introduced by the Hawke-Keating Labor Government in 1987. The purpose for the introduction of this legislation […]
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Shares – Buy, Sell or Hold Over the past twelve months the ASX 200 has declined from its high of 6373 to its current level of 5750 (at the time of writing) or 9.8%. The Dow Jones has declined over the past twelve months from its high of 26,951 to its current level of 25,286 […]
[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″] [et_pb_text admin_label=”Text”] Locate your lost super The Government hopes to reunite more people with their lost super by requiring super funds to transfer inactive accounts (where contributions have not been received for 13 months) with a balance below $6,000 to the Australian Taxation Office (ATO). The ATO will automatically […]
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