To be fair , the same advice applies , to an extent, whether labor brings in its franking credit policy or not.
The changes to the means testing by the libs, and the existence of means testing in general, makes these types of tactics worthwhile for anyone near the income and assets tests limits.
In a period where yields are lower than they have been, and don't look like going anywhere in the next decade, the capitalised value of any government pension goes up.
On another thread the case has been made, and I agree, that a basic aged pension for all would be worth contemplating. It would not be as expensive as it sounds, and would be easily paid for by winding back other retirement benefits.
