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The Guardian - AU
The Guardian - AU
National
Paul Karp

Factcheck: is there any truth to scare campaigns about the cashless debit card and retiree tax?

Both major parties claim that older Australians’ savings are at risk in twin scare campaigns in the 2022 election.
Both major parties claim that older Australians’ savings are at risk in twin scare campaigns in the 2022 election. Photograph: Diego Fedele/AAP

At the 2019 election, Labor’s vote was hurt by a campaign accusing it of wanting to introduce a “death tax”.

Although Labor did propose to cut tax refunds for excess franking credits, a policy that exempted pensioners, it was not true that it intended to introduce an inheritance tax.

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