Last week, a Coalition-led parliamentary inquiry into Labor’s dividend imputation policy began public hearings, which heard a conga-line of vested interests bemoan that Labor’s proposed reforms are “unfair” and would smash “ordinary Australians” and “lower-end retirees”.
However, this special pleading has already been debunked by the Parliamentary Budget Office (PBO), which released analysis last week showing why Labor’s dividend imputation policy is targeted at wealthy retirees.
