Labor to scrap franking credit refund...This will be front page news today...., page-80

  1. 28,738 Posts.
    lightbulb Created with Sketch. 424
    It's only the CASH COMPONENT CURRENTLY BEING REFUNDED WHEN THERE IS NO TAX LIABILITY WHICH IS BEING TAKEN AWAY.

    Your post suggests you do not understand that.

    The $5,000 suggestion is a cap on the Cash Component. I think this is very very unlikely indeed. Still, would make many of us happy. Certainly me.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.