Murray Watt (Queensland, Australian Labor Party) Share this | Hansard source

'More than half of all refunded franking credits are paid to individuals who earn less than the $18,200 tax-free threshold.' Given the minister's explanation was clearly wrong, can she explain how superannuation payouts and drawdowns of savings other than superannuation to fund retirement are treated? How does this impact on the misleading argument the minister attempted to make yesterday?