Via the AFR:
Low-income retirees caught by Labor’s plan to scrap cash refunds for excess dividend imputation credits could be compensated by other opposition policy measures – possibly including changes to the deeming rate, which is used to determine the level of a pension based on the income from assets.
…Speculation is rife that Labor will lower the deeming rate, which is used to determine the rate of return on a pensioner’s assets.
