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'Modest' self-funded retirees lash out at Labor tax grab

Debra Cleveland
Debra ClevelandSmart Investor journalist
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Self-funded retirees are still furious about Labor's proposal to stop the refund of excess franking credits. They're particularly angry about Labor's claim that this is targeted at the very wealthy.

Pamela and Col Bourke say: "We have never previously felt the need to become activists against those who portray us as the mega-rich and not as ordinary hard-working retirees." Now, however, they do.

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Debra Cleveland is based in our Sydney newsroom and writes on personal finance. Connect with Debra on Twitter. Email Debra at dcleveland@afr.com

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    Original URL: https://www.afr.com/wealth/superannuation/modest-selffunded-retirees-lash-out-at-labor-tax-grab-20180416-h0yu5t