Hi, Perfectly reasonable to "Bowen proof" , but I think people need to remember, it is all about making money. I've heard people talk about strategies that will , in fact, be detrimental to their finances , and just reflect fury with the change. There are lots of strategies, so take your time to assess which one is the best combination , for you, of risk and reward and control. Watch the senate result , if Labor surprises, and does better than expected, have a look at divi's coming up in the 1st month of the financial year[like anz], it may be worth selling them cum divi, to give yourself more time for implementation of mitigation measures.
Darryle, I would make one comment , franking credits in a smsf, as you describe above, will not be refundable when you transfer back into pension mode at age 75, whether you are on a pension or not. They will be refundable in your personal account, if you are on centrelink
