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Proposed Australian tax reform could shift demand to bonds

Government discussion paper suggests raising aggregate tax burden and questions the dividend imputation system

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Just over half of Australia's pension pool is invested in equities, the highest share among the seven largest national pension pools.

Sydney

AUSTRALIA has launched a debate on tax reforms that could have the unintended effect of slashing demand for domestic equities in favour of bonds.

The government's Re:think discussion paper suggests Australia has the scope to increase its aggregate tax burden from 27 per cent

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