PoliticsPrint articleQueensland retirees on warpath over Labor's proposed changes to franking creditsMark Ludlow and Luke HousegoJan 28, 2019 – 11.00pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginTownsville self-funded retiree Rex Grattidge will lose 25 per cent of his annual income if a Shorten Labor government introduces its proposed overhaul of franking credits on share portfolios.The implications for Labor's planned tax changes in Queensland–- which has one of the highest percentages of self-funded retirees in the country – could become a political headache for Opposition Leader Bill Shorten, who is aiming to use the northern state as the foundation to help him win The Lodge in the federal election which is expected in May.Loading...Mark Ludlow was formerly the Queensland bureau chief Connect with Mark on Twitter. Email Mark at mludlow@afr.comLuke Housego is a journalist for The Australian Financial Review based in the Brisbane office. Email Luke at luke.housego@afr.com.auSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreManaged fundsLatest In PoliticsFetching latest articlesMost Viewed In PoliticsThe Australian Financial Review MagazineBishop stares down critics: ‘I turn down many more roles than I take on’Myriam RobinThis restaurant has New York buzz. You’ll never guess where it isThe watch brands courting women with dazzling designsBOSS Financial ReviewThis public servant founded a $4b company. He never wanted to be an entrepreneurSally PattenHow to deal with a difficult managerThe CEO who doesn’t look at her phone until she gets to the officeLife & LeisureWhy this tiny cabin on the French Riviera is a beacon for design buffs1 hr agoStephen ToddWhen modern furniture meets medieval armour-makingFinding serenity on a new walking tour in southern ItalyRich ListAnchorage Capital Partners COO resigns, jumps to family office1 hr agoSarah Thompson, Kanika Sood and Emma RapaportDubai’s Arada rescues Roberts Co with $20m cash injectionLiberman-backed Monark buys $44m infill site in Melbourne’s north
