Game Theory: why Labor can not budget for $5b from franking policy

Discussion in 'Politics' started by Zenith Chaos, 17th May, 2019.

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  1. SatayKing

    SatayKing Well-Known Member

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  2. LibGS

    LibGS Well-Known Member

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    Crean is an old boy of my high school, I might pop him a question about this. I'm very surprised by this, but Hansard doesn't lie.
     
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  3. SatayKing

    SatayKing Well-Known Member

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  4. Lizzie

    Lizzie Well-Known Member

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  5. TSK

    TSK Well-Known Member

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    Are you sure,ff is just for gov pensions? They managed other funds which have been set up post that.
     
  6. Perthguy

    Perthguy Well-Known Member

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    Thank you for confirming that buying an ip is an option
     
  7. Perthguy

    Perthguy Well-Known Member

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    This confirms what I have been saying all along. I never thought I would agree with Crean. I stand corrected.
     
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  8. Marg4000

    Marg4000 Well-Known Member

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    That was a large part the original concept, subsequently expanded to cover future needs.
    Marg
     
    Last edited: 18th May, 2019
  9. The Falcon

    The Falcon Well-Known Member

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    Sure people will buy other assets, there may be a capital devaluation of FF dividend paying shares (resulting in higher yield) but people and institutions will still own them. Govt will still achieve significant revenue from removing excess franking refunds. Flooding into A-Reits will result in prices up and yield down. US dividend payers with 15% withholding tax looks better, just need to deal with currency.
     
    Last edited: 18th May, 2019
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  10. Perthguy

    Perthguy Well-Known Member

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    Did you get an answer? I would be very interesting to know the reasoning behind their change of position on this.