There was a radio report this morning that the ATO announced last Friday that - on the death of the holder - allocated pensions would be taxed in the hands of the beneficiaries of that estate. There was an interview with someone who sounded like a financial adviser and who was quite definite about it.
I have done a quick google for a link but nothing comes up so far.
So it looks as though once again Bob Brown is getting his way with his desired death duties. Maybe the family home will be next.