Folks,
There is a recent and current proposal by the Treasury and the Government to disallow franking credits associated with capital raisings by Australian companies. Worse still, they are considering making the legislation retrospective. This means that investors will be hit by huge tax bills for capital raisings that have been carried out, in good faith, in the past. Investors in companies like BHP, CBA, WBC etc will all be severely and negatively affected. I therefore urge ALL investors to strongly oppose this measure, the details of which can be found in the link below. The link contains an email address which can be used to voice your concerns (deadline 5/OCT/22).
https://treasury.gov.au/consultation/c2022-314358
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$40.80 |
Change
-0.800(1.92%) |
Mkt cap ! $207.1B | |||
| Open | High | Low | Value | Volume |
| $40.86 | $41.14 | $40.66 | $305.0M | 7.481M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | $40.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.82 | 556 | 4 |
View Market Depth
| Last trade - 16.13pm 25/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |