Shareholders? Who needs them?

Tim Farrelly | farrelly's Investment Strategy | 06 February 2019

The below is a verbatim reproduction of a piece from The Weekend Australian in which the former head of the Australian Stock Exchange recommends that dividend imputation should be abolished. Why? Because all the benefits accrue to... shareholders!

Yes, that's correct, the former head of the ASX appears to think that shareholder returns are unimportant to a modern, listed company.

Speaking as arguments rage across Austra...