20 March 2019

Public hearing in Torquay calls on retirees and pensioners to have their say

I am delighted the House of Representatives Standing Committee on Economics will hold a public hearing in Torquay today as part of its inquiry into the implications of removing refundable franking credits.

I will be attending the inquiry at Spring Creek Pavilion, Spring Creek Reserve, Torquay from 3:00-4:30pm. I ask those in Corangamite to please join me and have their say.

There are almost 15,000 individuals in the Corangamite and Corio electorates set to lose an average of several thousand dollars each if Bill Shorten implements his terrible retiree tax.

In Corangamite alone, 8,924 residents will lose franking credit tax refunds.

We cannot afford to let this happen. Labor is ignoring the concerns of self-funded retirees and some pensioners in our region

Pre-registration is not required to participate.

Members of the public can attend today and place their name on a list at the door if they wish to make a 3-minute public statement.


Further information:

A number of submissions have been received and are available on the committee’s webpage at: www.aph.gov.au/economics.

Submissions can be made online or by emailing economics.reps@aph.gov.au.


20 March 2019