House debates

Wednesday, 28 March 2018

Questions without Notice

Dividend Imputation

2:11 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Corangamite for her question. To respond, I think the best way is to give her an example of a constituent, Campbell, in her own electorate. Campbell's mother is 91. She lives in Corangamite. She owns shares. It's not a crime to own shares. She owns some shares. She's not on the pension. She uses the tax refund she gets from her share investments because of the tax that was already paid by the company. And she uses that tax refund that she gets from those share investments. She gets that and she pays her nursing home bills with that money. Even at the age of 91, Campbell's mum is looking after herself. She's paying her bills and she's used her investment to ensure that she has peace of mind in her retirement and that she has independence in her retirement.

Mr Keogh interjecting

Comments

No comments