a dividend policy, page-18

Joelbaby,
I repeat my assertions:-
1.A pool of rental properties is essential for adequate housing in our society.
2.Most rental properties are owned by indivuals or families (mums and dads). If you disagree then name me a LPT that deals in residental housing.
3.Negative gearing (and the CGT discount) makes residental property more attractive to these investors.
4. Fewer tax breaks= fewer investors= even more of a rental housing shortfall.
Anyway, back to NZO. My statement shows a withholding tax equivalent to 15% and Australian franking credit equivalent to 2.8%. Still beats the return on rental housing- In Brisbane you are talking of a net return of a couple of percent.