You must have some reading problem. This is from Rice Warner:
" Using publicly available ATO data and assuming a dividend yield of 4%, we estimate total dividends received bySMSF pensioners in 2016 was an estimated $5.7 billion, providing franking credits of $2.5 billion."
Where does that say PBO?
Thanks for not disagreeing that Rice Warner did not actually say the PBO assumed no reaction by the way. Good that that is clear to everyone now.
