For the highest Claimant to claim back 2.5 million in franking credits, they must have alot of property negatively geared to gererate that loss.
They would havto be increasing their Loans each year and living off reverse mortgage while buying more property and increasing loans.
Or else buying more shares and boosting loans.
Im not sure if there is a cut off age for paying tax on net income, if that is so then they couldve declared the dividend income and sitll got the Franking credits back.
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