Vince Scully

And our deficits are low by global standards.

I don't know if flaky assumptions makes it for an ambitious budget.

Although if the war- I mean, I would like that.

But if the war gets over- If it escalates.

If it's over a short time, you could take 1% out of inflation by the oil price fall.

Although it's going to be undone when they put the fuel excise back up.

Yeah.

Because presumably when the barrel drops- Do you know the interesting thing-

The distinction though, I know it's getting a bit arcane, but the distinction is that it's not refundable.

So if you franking credit for your tax rates less than 30%, like retirees or self-paying super funds or super funds generally, you'd get it back in cash.

Whereas these ones are not refundable.

So subtle difference.

If you're buying something over the 75 limit, you're going to, instead of an

But a normal combustion engine is going to be 20% FBT.

This will be 25% off that being 15, presumably, or 16.

So presumably that 20% FBT becomes-

16?

25% of 20 is 5.

15%.

It's 5.