Generational war declared on Labor’s franking credit reform

Thursday, 29 November 2018

Generational war has broken out of Labor’s policy to limit the refunding of excess franking credits. Australia’s leading mouthpiece for the ‘grey gouge’, Robert Gottliebsen, has summoned faux rage, declaring the policy unfair:

This is a tax on battlers…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.