Concetta Fierravanti-Wells (NSW, Liberal Party, Minister for International Development and the Pacific) Share this | Hansard source

Thank you. I wish to clarify remarks I made in question time regarding the impact of Labor's retiree tax on low-income Australians. This was based on advice that was provided to me and my office at the time. I have since been advised that the correct statement should be: more than half of all individuals receiving franking credits have taxable income less than the $18,200 tax-free threshold.