Sydney Morning Herald articles on this subject throw up the link to Noel Whittaker's article: https://www.smh.com.au/money/investing/foolish-to-exempt-pensioners-from-labor-s-dividend-tax-policy-20180328-p4z6q9.html which says:
"If Labor created two types of retirees: the first on a part pension plus franking credits, and the second on no pension and no franking credits there would be a wave of strategies put in place by self-funded retirees, or potential retirees, to ensure at least a part pension. This could include buying a more expensive home, spending money on reservations or travel, or simply giving it to the kids."
Good stuff hey!
