good morning Jonnoh,I'm embarrassed that I couldn't find that myself.
And I apologise unreservedly to you , and Chris Bowen for thinking you were hiding something.
You were understandably misled.
Wilkinson's statements don't have a lot of detail in them, but there is enough to get me started(thanks to you I read the full transcript). Her testimony was masterful in its presentation, lots of "our best judgement".
love to see a quantum for some of the things she said weren't that material(like rich people's super), must be out there, will try senators office next week maybe.
1 puzzling statement she made was that it was estimated that 14 billion came from individuals and 34 billion came from super funds. She does bounce around a bit in her testimony, but is "individuals" smsf's and "super funds" Apra funds, or are there really 1.4 billion dollars per year available from refunds to individuals per year(I struggle to believe that there are that many low income earners with franked shares to generate that much).
As we know industry funds have been very clear that members in pension phase won't lose the benefit of the credits, and there is a bit where she effectively confirms that, so hard to see 34 billion coming out of just the sub 1.6 billion smsf's.
So thank you Jonnoh, you have provided me with material for lots of fun.
i'll warn you in advance though, there seems on the surface to be a lot of fluffiness about the PBO 's work, which I find depressing. For the sake of public discourse I would rather that they be competent, my confidence in them is a little shaken.
