CEDA backs Labor’s franking credit and CGT reforms

Wednesday 13 March 2019

The Committee for Economic Development of Australia (CEDA) has released a new report, entitled Sustainable budgets: underwriting Australia’s social compact, which backs Labor’s policy to limit the refund of excess franking credits, as well as halving the capital gains tax (CGT) discount. Below are the key extracts pertaining to Labor’s policies:

Shoring up the tax base

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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.