What does the Government’s Re:Think tax discussion paper mean for investors? The Government on Monday handed down its Re:Think tax discussion paper, which is expected to trigger significant debate in coming months. We think there are six key issues the paper indicates could be a focus of Treasury’s leanings in their eventual advice to Government, and that could lead to change down the track with significant implications for investors and savers. The issues include potential changes to Australia’s unfair savings taxation regime, the relatively uniqueness of our imputation (franking credit) system, a slow-down in income growth, the impact of negative gearing on house prices, and the staggeringly expensive and inefficient taxation system. (VIEW LINK)
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