Negative gearing losses reached $13 billion ahead of the 2019 election but new figures show many voters in key states benefit from the system.
Shareholders are entitled to use the credit to put towards their own tax,or receive a refund if no tax is payable
Scott Morrison says reductions in parliamentary and public service pay aren't on the cards even as CBA economists tip a $155 billion deficit in 2020-21.
The architect of the campaign against Labor's franking credit policy says"everything must be on the table"as the government grapples with the coronavirus.
The nation's retirement system is giving the wealthiest Australians twice as much financial support as those on the lowest incomes,says a government paper that could spark a renewed fight over superannuation tax breaks.
Former opposition leader Bill Shorten says he"misread"the level of anxiety caused by Labor's franking credit policy.
Labor has called for one of three experts leading a landmark review of retirement incomes to be sacked over her ties to a campaign against one of its signature election policies.
The inquiry was part of a Coalition campaign to dismantle one of Labor’s signature election policies.
There are many reasons why franking credits campaigner Geoff Wilson would choose casual and affordable CBD diner Kitchen by Mike for lunch.
"If you do the same things in politics,you can expect the same outcomes,"Labor leader Anthony Albanese told the weekly caucus meeting.
A $500,000 tax refund for a millionaire appalled many,but none more than Dick Smith himself.