HOME’s Associate Professor Adrian Lee in collaboration with Associate Professor Andrew Ainsworth from the University of Wollongong will investigate how two tax incentives – franking credits and negative gearing of investments – impact individual taxpayer risk-taking behaviour, voluntary savings and retirement outcomes.
The team successfully received over $225,000 in funding under the Australian Research Council’s Discovery Projects scheme for 2024 for their research project.
Running over three years, the project will develop a new measure of tax efficiency based on if, and how, individuals take advantage of franking credits and negative gearing. It will identify what factors drive the use of franking credits and negative gearing and whether their use is associated with better retirement outcomes.
The findings of the project will potentially lead to an improvement in individuals’ financial literacy, retirement outcomes and reduce reliance on the aged pension.
The team successfully received over $225,000 in funding under the Australian Research Council’s Discovery Projects scheme for 2024 for their research project.
Running over three years, the project will develop a new measure of tax efficiency based on if, and how, individuals take advantage of franking credits and negative gearing. It will identify what factors drive the use of franking credits and negative gearing and whether their use is associated with better retirement outcomes.
The findings of the project will potentially lead to an improvement in individuals’ financial literacy, retirement outcomes and reduce reliance on the aged pension.
