Yeah.

The second chip went off the green, so the third guy had it in the bag.

He's standing there.

He goes, he goes a couple practice swings, steps up to the ball, and just stops.

Everybody's looking around like, "What?" He says, "Oh, I whiffed." Oh.

I've seen that happen lately.

You know, everybody's been close.

I, I was playing as Greg's partner last Friday, and, uh, he was awfully close on seven, which would've been great because you would have him with a hole in one, then you'd have Dave, then you'd have... [laughs]

In what way do they, they, they basically exceed the outcome?

Thanks, Ross.

Um, well, the stated policy objective is to tackle income splitting.

That is when trusts distribute income to more than one adult beneficiary, and they each get the benefit of the tax-free threshold and the lower personal income tax rates at the bottom of the tax scale.

That's the, that's the target.

But these changes go far beyond that.

There are about a million trusts, a- according to ATO records last year, um, that lodged a tax return.

Was there a better way for the government to implement rules to prevent the income splitting but to allow the trust to remain to protect assets?