questions for c. cairns, page-34

Franking is a dis-insentive for minority overseas shareholders to invest in the company as they dont get the tax benifits Australian residents get.
Why should those domiciled in Oz get better treatment than those outside OZ ?
Large overseas shareholders are able to circumvent the franking debacle by domiciling a subsidiary in Oz but small retail investors are obviously unable to do that.
Current franking laws are a farce