DJ Carmichael managing director, CEO & head of corporate finance Davide Bosio speaks to Proactive Investors about the current market in the wake of the Australian Federal Election this Saturday, May 18.
Bosio says a major change we could see in the market after a Labor victory this election is a real change to tax reforms in Australia.
"They've made some very wholesale changes to the treatment of franking credits, essentially company taxes paid on dividends and income that's received, as well as a position on negative gearing for propery investors etc.," says Bosio.
He continues, "These are large wholesale changes that impact a lot of people ... it really effects a lot of investors who are approaching retirement age or well into their retirement."
Meet White Rock Minerals Ltd and Meteoric Resources NL at our event, Melbourne , 27 August 2019. Register here »