Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697633592503.pdf (Australia)
As self funded retirees we are writing to voice our strong opposition to the Australian labor Party's proposal to disallow refunds of franking credits.

This proposal will severely affect our income and standard of living which we had planned for during our working lives based on the legislation as it stood at the time.
We have provided for ourselves without any government assistance and now this proposed legislation will adversely affect our current financial situation by reducing our current income by approximately 30%.

We believe this proposal to be entirely unfair and simply a cash grab by a party with a past history of economic mismanagement.

Yours sincerely Colin & Deirdre Tyerman Inquiry into the implications of removing refundable franking creditsSubmission 752