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Regions Australia

Australian Prudential Regulation Authority: Bank investors face $1b franking credit hit

Hundreds of thousands of bank investors stand to lose tax credits under the prudential regulator’s plan to phase out hybrid securities.

By: Australian Financial Review
  • Sep 21 2024
  • 55
  • 4665 Views
Australian Prudential Regulation Authority: Bank investors face $1b franking credit hit
Australian Prudential Regulati
Hundreds of thousands of bank investors stand to lose tax credits under the prudential regulator’s plan to phase out hybrid securities.

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