Australia's largest stock trading and investment forum Australia's #1 stock forum

Franking credit refunds PBO estimates in doubt, page-36

First 36 Last

Share
Profile

Follow
JonnoH

16,319 Posts.

5

15/03/19

12:40

Post #: 37773921
Share

Originally posted by logco: ↑

Johono it was what many of us on HC thought and what Morningstar said that they were based on the 2014/2015 tax year.
When Swann announced 4 years of budget surpluses that were never delivered were partly based on the iron ore price of $150 a tonne when the price at the time was more like $50 a tonne and other prices that were unrealistic and the spending went ahead resulting in deficits forecast out until 2017.
I still think that there will be changes to their tax grab before they get them through the senate because the tax is based on who you choose to manage your superannuation and it should not be,the tax is also based on the self interest of the unions and the ALP not what is fair.

Expand

Well, if Morningstar did say that, rather than you thinking that’s what they said, then they are idiots because it is plainly wrong. The PBO have said they did take account of not yet implemented legislation and government policies.

Do you think Morningstar are that stupid?
1 Upvote

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 33 more messages in this thread...

First 36 Last