Leave Our Franking Credits Alone!
We have experienced an eventful start to 2018. The Australian reporting season has come and gone, the Royal Commission into the Australian banking system has commenced, we have seen the arrival of inflation in the United States, market volatility and computerised program-selling, concerns of a global trade war and a sell down in the technology giants. However, in this Quarterly Report we are going to focus on another event that has occurred. One we consider far more important and a bigger issue than any of the events discussed above, franking credits and the proposed cancelation of cash refunds on individual’s dividends.