Rudd's botched debate is another blow to retirees

The noose was around Tony Abbott's neck on retiree tax raids last night, but Kevin Rudd missed his golden opportunity and now the issue is at risk of being buried.

In last night’s debate Kevin Rudd had the chance to land a major blow on Tony Abbott by exposing a significant Abbott weakness. But the prime minister blew it, perhaps because he does not fully understand how franking credits work.

Kevin Rudd, having missed a golden opportunity to score a winning blow, had to be satisfied with a result where everyone was claiming victory. Let me tell the story as I saw it.

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