Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697633208285.pdf (Australia)
We are self funded retirees on the verge of losing our age pension entitlements of $70 pf.

Last year wr received a $15,000 refund because our portfolio is skewed to Australian Equities.

$15,000 is approx.

25% of our pension drawing so the removal of refundable imputation credits will have a significant impact on our ability to fund our retirement income and our future lifestyle.
I don't understand the short sighted thinking behind eliminating imputation credits given we will increase our dependence on the age pension at a far quicker rate.

Thank you for this opportunity to voice an opinion that is outside of the voting box.

Regards from Howard and Marion Rice Sent from my Windows 10 phone Inquiry into the implications of removing refundable franking creditsSubmission 587