Charles Gutjahr

Melbourne, Australia

February 2019

Charles Gutjahr

A personal opinion

It is fair to take away dividend imputation refunds

Labor are right to stop people who don't pay tax from getting cash refunds on dividends.

There is a small but loud constituency claiming that it's unfair to take that away, however I think that it's self-evident it would actually be more fair. The money mostly goes to people with self-managed super funds, who are people with plenty of money. People who have struggled to get by all their life do not have a self-managed super fund.

That's not to say taking away this benefit wouldn't hurt some retirees. It would. It's just that others are surely hurting more. Instead of giving money to the (relatively) rich via dividend imputation refunds, we could give it to poorer Australians who need it more. That what I think is fair.

Charles Gutjahr

Brunswick East
These ants do not care for my generous gift of ant poison.

Charles Gutjahr

A personal opinion

Carrying cash

It's getting easier to live life without cash in your wallet — or without a wallet at all. We can go shopping just about anywhere with just a credit card or smartphone. I buy most things on card... but I also make sure I keep a small amount of cash on me just in case.

I know a handful of people who refuse to carry cash now. They buy on card, or don't buy at all. That puts them at the mercy of failures and mistakes. Electronic payment systems sometimes fail. I was once mistakenly locked out of my bank account for days. Why not carry a little cash to mitigate these rare but predictable situations? I think you're foolish if you refuse to carry cash.