Ways to avoid this encumbrance of theft of franking credits by Labor
Buy reits..should pay an equal to grossed up dividend..7.1%
Buy infrastructure trusts..or infrastructure such as Sydney Apts
Buy ASX companies with overseas interests..such as AMC
Transfer funds to a Superfund
Transfer the share portion of your portfolio to a Superfund into shares asset class
Buy managed funds
Do nothing...5% dividends..5% pension taken...
Sell shares... Sell shares b4cum dividend and buy back after ex dividend...NO CGT....shares should be lower after dividend date
Sell all shares.......buy shares at least a month before cum dividend date..take dividend....sell shares at ex dividend ..shares usually drop in sp
and hopefully not as much as dividend...pocket the difference.....called dividend stripping.
You no longer have to concern yourself about the 45 day dividend rule.
Add new members to SMSF..your children..in accumulation phase taxed at 15% who will use up the franked credits
Labors policy proposal based upon envy greed and spite....well reverse spite to you mr shorton on ethics...NOTHING for you here..!!!!!
