Shareholders in listed companies including Westpac and Harvey Norman could receive shock tax bills as a result of the Albanese government’s proposed retrospective crackdown on franked dividends funded by capital raisings.
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
