Senator FARRELL (South Australia—Minister for Trade and Tourism, Special Minister of State and Deputy Leader of the Government in the Senate) (14:17): In terms of answering that question and the previous question: of course, there are a range of cash-flow requirements within an SMF, not just tax liabilities, which trustees are required to consider. They include the examples accounting and administration costs, investment fees and costs associated with maintaining real assets, such as property. In terms of putting your question into some perspective, Senator Colbeck, I think it's worth pointing out that only 0.2 per cent of SMFs have a hundred per cent of their assets— The PRESIDENT: Minister Farrell, please resume your seat. Senator Birmingham? Senator Birmingham: A point of order on direct relevance: the question asked by Senator Colbeck in this case went particularly to the impact of thresholds and to those funds operating at or close to the threshold potentially moving up and down, above and below that threshold. Senator Farrell has had 49 seconds. He's only got 11 seconds left. He hasn't come close to the issue of the threshold. The PRESIDENT: Thank you, Senator Birmingham. The question was about self-managed funds, but I will remind Senator Farrell of the entirety of the question. Senator FARRELL: I was trying to put the issue into some perspective, particularly so as not to frighten those farmers who do— (Time expired) The PRESIDENT: Senator Colbeck, second supplementary?