wanted to include it, and not include it if they felt, well, that can wait for the next report. What you could have done was to put in writing to ASIC what the total amount of estimated compensation for all of the PSF events was?Yes, yes, I could have done that. And there was a decision made not to do that?Well, I don’t think that I don’t think – there was a decision made not to do that. The decision there was a positive – decision made. Mr Hodge, this is a positive, proactive communication to ASIC. It’s actually the sort of thing that ASIC wants in a constructive relationship saying, “We know you’ve got this report going out. We’re actually near finalisation on this matter. The door is open. It can wait till the next report. But that’s your call.” Mr Hagger, let’s look at another document is the one I think you’ve been referring to, which is NAB.044.010.7685. The file note, Commissioner, is already in evidence. THE COMMISSIONER: Yes. MR HODGE: So this is an email that you send on the late afternoon of 22 October to Mr Cahill and copied to Mr Thorburn?Sorry, it’s here. You see that?Yes, that’s right. That’s what I was referring to. And you see at the bottom of the chain of emails, Mr Thorburn writes and says: Can we please discuss Monday when we meet. ?Yes, I see that. And then you see the next email in time is from Mr Cahill saying: We are waiting for Andrew H to consider over the weekend and make a recommendation. ?Yes, I see that. And then you see at the top of the page you are emailing Mr Cahill and Mr Thorburn saying: Yes, that’s still our plan. Referring to the original recommendation, which is if it we go over the page to .7686, you see Mr Goonan is explaining that the present thinking is:
wanted to include it, and not include it if they felt, well, that can wait for the next report. What you could have done was to put in writing to ASIC what the total amount of estimated compensation for all of the PSF events was?Yes, yes, I could have done that. And there was a decision made not to do that?Well, I don’t think that – I don’t think there was a decision made not to do that. The decision – there was a positive decision made. Mr Hodge, this is a positive, proactive communication to ASIC. It’s actually the sort of thing that ASIC wants in a constructive relationship saying, “We know you’ve got this report going out. We’re actually near finalisation on this matter. The door is open. It can wait till the next report. But that’s your call.” Mr Hagger, let’s look at another document is the one I think you’ve been referring to, which is NAB.044.010.7685. The file note, Commissioner, is already in evidence. THE COMMISSIONER: Yes. MR HODGE: So this is an email that you send on the late afternoon of 22 October to Mr Cahill and copied to Mr Thorburn?Sorry, it’s here. You see that?Yes, that’s right. That’s what I was referring to. And you see at the bottom of the chain of emails, Mr Thorburn writes and says: Can we please discuss Monday when we meet. ?Yes, I see that. And then you see the next email in time is from Mr Cahill saying: We are waiting for Andrew H to consider over the weekend and make a recommendation. ?Yes, I see that. And then you see at the top of the page you are emailing Mr Cahill and Mr Thorburn saying: Yes, that’s still our plan. Referring to the original recommendation, which is if it we go over the page to .7686, you see Mr Goonan is explaining that the present thinking is:
transcript-13-august-2018.docx