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One investment firm has said that in its current form the proposed Labor changes to the franking credit regime do not pass the fairness test for Australian investors. At an investment day, Stephen Bruce from Perennial Value Management Limited said that while an economic argument could...

What are franking credits and why are they important to investors? Not everybody understands how dividend franking works but a huge number of Australian investors, particularly retirees, are the comfortable beneficiaries of a system brought in by Treasurer Paul Keating in 1987 to eliminate the double...