ALP dividend tax plan is 'big risk' for bank investors

As we know shortonbrains will do anything for more votes, and all the gullible idiots will vote for the clown, even though it's going to affect their own super fund.

The Shortenator better get himself some Viagra eye drops and take good, long and hard look at this policy.

People don't realise banks are a powerful entity. They weren't happy about being humiliated at the royal commission. They can screw this country over easily. Not giving loans out for homes ,businesses etc. Increase interest rates etc. Government's need to tread carefully.

beware the claims of rent seekers

More vested interests stamping their little feet.

So self-funded retirees will SELL bank shares because of no cash-back from Franking Credits. And BUY what? They'll look for stable, income producing shares with good long term growth prospects. Like, maybe, just maybe, Australian Banks perhaps? BeatUp

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