Fielding Questions: Franking Credits and Childcare Investment

fielding questions: Bowen took the brunt of the inquisition, fielding questions on franking credits, negative gearing and superannuation on the revenue-raising side, and the new childcare investment on the service side, according to The Guardian. A series of questioners, from a schoolteacher on the brink of retirement, wary of changes to super, to a middle-income voter set to lose out on his franking credits, drew lengthy explanations from the shadow treasurer. In the wake of the first leaders' debate, Monday night's program was characterised as a pivot point, where the campaign spotlight finally turned from personality to policy and the overarching philosophical clash between lower taxation and higher spending on services that ultimately characterises the contest. Shorten promises cheaper childcare as Morrison pledges refugee intake freeze Read more Asked whether Labor's childcare rebate would increase prices, with childcare operators pocketing the money as they did with the gas subsidy and solar subsidy Bowen said Labor would implement price controls as part of an agreement with providers. The government says therefore we're going to have a say in how much you charge. It's not dissimilar to private health insurance, he said. (news.financializer.com). As reported in the news.

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