yes that is what sapto is about (for non govt pensioners) so u can earn $40K assessable odd before paying income tax (not a lot of help with franking loss though) but your earnings must be somewhere in the order of $120K assessable (all from investments) to use up all of the credits and not lose any money in the wash-up (u did say move money out of super - which means certain things in ur life) you cannot get that capital it back into super if taken out
(my general thoughts only as i am young and a vegetarian)
