Well, even if they win, they need to get the bill passed.
I would imagine LIC's and Australian ETF's would drop a bit to a point where people are happy with the dividend yield.
I doubt much will change. My understanding is you will STILL receive franking credits to offset payables, you just wont get a refund. So it is still useful. I generally have payable tax returns every year.
Somebody mind chiming in here?
Cheers
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