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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

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


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