Alliance welcomes Retirement Income Review

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The independent Review of the Retirement Income System will provide an important opportunity to ensure that Australia’s world-class superannuation and retirement income system continues to evolve in a positive direction for all Australians. John Maroney, the newly appointed spokesperson for the Alliance for a Fairer Retirement System, says  Alliance members have identified five key questions […]

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Labor’s refundable franking credits proposal impacts more lower income-earners than the wealthy – refunds of company paid tax are not a “gift”!

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Labor has released its election costings that show its spending promises will largely be funded by cuts to the incomes of retirees and other lower income shareholders to the value of $58 billion over the next decade. “The Labor Party’s refundable franking credits proposal does not target the wealthy,” says Professor Deborah Ralston, a spokesperson […]

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Future SMSF pensioners ‘big losers’ under Labor’s franking credits proposal

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The Labor Party’s refundable franking credit proposal will adversely affect pensioners who choose to use a self-managed superannuation fund (SMSF) to manage their retirement savings, says Professor Deborah Ralston, a spokesperson for the Alliance for a Fairer Retirement System. Ralston says: “The simple fact is Labor’s proposal will not exempt all pensioners. Any individual who […]

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Small business owners alerted to ALP franking credit proposal

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The Alliance for a Fairer Retirement System and the Council of Small Business Organisations Australia (COSBOA) are working together to highlight concerns about the Labor Party’s proposal to disallow refunds of excess franking credits. These franking credits are better described as company paid tax credits because, in all cases, tax has been paid already on […]

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The Alliance for a Fairer Retirement System highlights the impact on small business owners of the ALP’s proposal to disallow franking credit refunds and welcomes three new national associations as members

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The recently formed Alliance for a Fairer Retirement System highlights the risks facing thousands of small business owners from Labor’s proposal to disallow cash franking credit refunds. Earlier this week, Alliance representatives met with the Shadow Treasurer and Shadow Minister for Small Business, Chris Bowen, and with CEO of the Council of Small Business Australia […]

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New Alliance wants fairer retirement outcomes for all Australians

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Several associations have formed the “Alliance for a Fairer Retirement System” to explore options to fix problems with the existing superannuation taxation, Age Pension means testing and broader retirement income systems. The formation of the Alliance is in response to Labor’s proposal to disallow refunds of excess franking credits for a range of retirees and […]

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