Abolish franking credit refunds when no tax is paid by holder...

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    Abolish franking credit refunds when no tax is paid by holder (except pensioners)
    personal income tax cut to be scrapped
    negative gearing only on new housing (to drive demand for new construction & jobs)
    family trusts to be taxed higher
    ”temporary” levies to be introduced on income tax
    fuel tax to increase with “temporary” debt levy - same with alcohol
    bank deposit tax to be introduced
    capital gains tax exemption to be reduced or abolished

    States will have their own measures, which will target property owners with levies added to council rates & increases in land tax & stamp duty
 
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