31. These ads are subject to review by the franking commission, a bipartisan group of six members. 32. As a current example, Australia provides for a franking credit as a benefit to shareholders. 33. But Franking is interested in more sophisticated uses of these tools to enhance the meaning of the text. 34. However, some companies ( particularly those paying tax outside of Australia ) have a lower franking proportion. 35. So each $ 0.70 of dividend may have $ 0.30 of franking credit attached. 36. The franking amount is again just a record, only $ 0.70 of cash is paid. 37. That year, he spent only $ 720 in the first quarter using the House's franking privilege. 38. Doing so allows them to attach Australian franking credits to their dividends, for Australian tax they have paid. 39. He asked for the total abolition of the franking privilege since it reduced the revenue receipts by five percent. 40. He also painted altarpieces, and is credited for designing the world's first franking machine in 1901.
