Labor cannot underestimate its vulnerability to superannuation. If this is the case, there is a risk that the franking credit disaster will repeat itself.
Liberal MP Tim Wilson (Image: AAP / Mick Tsikas)
There is a particular trap in Australian progressive politics, which is to reject a political problem simply because Tim Wilson got involved.
It’s fair to say that the Liberal MP is the opposite of what anyone with a blood stain is about: the Rent-a-Blazer with a nine-dollar smile, which was last seen in the 2019 election was seen hanging around old people’s houses like a pop singer playing morning tunes or a false relative with a rewritten will.
But that would be to underestimate him, as the course of the issuing of franking credits showed. Wilson’s tireless campaign was a wise take on the widespread concern that Chris Bowens (remember him?) Very humble suggestion sparked – even among people without a stock portfolio.