By Chief Advocate Ian Henschke
National Seniors became a founding member of the Alliance for a Fairer Retirement System earlier this month.
Its mission is to fix problems with the existing superannuation, taxation, Age Pension means testing, and broader retirement income systems.
The formation of the Alliance was in response to Labor’s proposal to disallow refunds of franking credits for retirees and shareholders with no taxable income. The aim is to raise $59 billion over 10 years through this initiative.