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Franking credit plan created 'vulnerability and anxiety': Bill Shorten

Tom McIlroy

Bill Shorten has conceded Labor's planned crackdown of negative gearing and franking credits caused vulnerability and anxiety, declaring he's given up hopes of becoming prime minister.

The former Labor leader says he is fully responsible for the party's shock election loss on May 18 and accepted his campaign was too complicated for many voters.

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Tom McIlroy was the Financial Review’s Canberra bureau chief.

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    Original URL: https://www.afr.com/politics/federal/franking-credit-plan-created-vulnerability-and-anxiety-bill-shorten-20191006-p52xzx