House debates

Monday, 26 March 2018

Questions without Notice

Dividend Imputation

2:19 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Shadow Special Minister of State (House)) Share this | Hansard source

My question is to the Prime Minister. How is it fair that under the government's policies a wealthy retiree couple would get a cash bonus from dividend imputation, despite the fact they have $3.2 million in super, own their own home, have $200,000 in Australian shares outside of their super, draw $130,000 a year in super income, receive $15,000 a year in dividend income, and pay no tax?

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