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

Franking credit refunds PBO estimates in doubt, page-3

First 3 Last

Share
Profile

Follow
Nanood

7,791 Posts.

105

08/03/19

15:06

Post #: 37700757
Share

Originally posted by logco ↑

Contrary to what several Labor supporters have posted on HC the PBO has not considered superannuation changes since 2014.

Morning Star

The Parliamentary Budget Office says cash refunds for excess imputation credits are costing the budget $4.9 billion a year, based on 2014-15 tax data. The proposal is expected to generate $59 billion in government savings over 10 years.
Shadow Treasurer Chris Bowen says this money could be better spent on services, schools, education and paying down debt.
Note: The PBO notes the modelling does not consider several changes to superannuation and company policy implemented since 2014.

Expand

Labor does not consider anything outside of casual observance or question.
3 Upvote

Reply

Top Stories

LDX

Lumos Diagnostics surges 140% on major US contract deal

LU7

Lithium Universe targets silver boom with breakthrough solar recycling tech

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Close: Why are we red today? Because US CPI's at 3%

LIS

Li-S Energy the latest microcap to pivot to US defence market

First 3 Last

SPONSORED BY