Hi, The sensible thing for someone not too far off a part pension is to go for it. Then they can hold their franked shares out of super and collect their franking credits. On timing, a May election probably means that the policy won't be up and running until the 20/21 financial year. The present senate certainly won't be interested , if the present cross bench can be taken at its word. So July before the next one is sworn in, and hard to see Labor/green control of that one either. The price of ff shares likely to drop, both from intrinsic value, and a stampede of people wanting to do what we wish to do. Probably end up with egg on my face, but I'm thinking of waiting after the stampede. Still, as my daughter said, rather unkindly I thought, "Poor baby, it must sooo hard to have so many money worries". I hope they undercook the toast on her next avo smash. cheers
