After all the fanfare by the Coalition Government to increase the number of members within a SMSF to six (6) members in response to Labor’s proposed measure to ban franking credit refunds, this item on budget night has died and will not proceed. After introducing Treasury Laws Amendment (2019 Measures No. 1) Bill 2019…
It is disappointing that the debate around refundable franking credits has denigrated into class (and age) warfare in regards to who is most ‘entitled’ to the savings expected to be derived through Labor’s proposed policy change should they come into government in May 2019. It was Chris Bowen’s comment that “if you didn’t like our…
Having gained an understanding of the current landscape and the potential impact of Labor’s super policy settings, the other key driver in 2019 will be the outcomes and recommendations from both the: Productivity Commission (PC); and Financial Services Royal Commission (FSRC) With the Productivity Commission already having released its final report and recommendations into the…
