Published: September 25, 2018
Economists say dividend imputation seems expensive but offers ‘social benefits’
Self-funded retirees would have to boost their savings by up to 9% to make up for Labor’s proposal to end cash rebates for excess imputation credits, according to new modelling.
The research paper by three economists at the Australian National University found that dividend imputation helped retirees boost their consumption by between 5% and 6% and created a “significant bias” in favour of Australian shares in retirees’ portfolios.
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