Underlying data typically from credible sources ATO is a credible source. Relevant (e.g. Bloomberg, ASX) and is produced on a timely Where market data and other information is used, ABS is a credible source. Relevant statistics are published online on an basis. Data not always publicly or freely available. this information is: credible and verifiable; statistics are published online on a annual basis, with a two-year lag (e.g. comparable and timely; and clearly sourced. quarterly basis. 2011–12 statistics published in 2014). Use of econometrics makes the results difficult and Some data concerns have been identified. complex to verify. Reflects current ownership of Australian Sufficiently flexible as to allow changing market Reflects current conditions to the extent that recent equities. However, not reflect any tax conditions and new information to be reflected in Reflects conditions up to two ago. data is used. Different studies span various time law changes that reduce eligible regulatory outcomes, as appropriate. periods. investors’ utilisation rates below 1. Table 415 Application of rate of return criteria to evidence on the utilisation rate Source: AER analysis. (a): The criteria relating specifically to return on equity and return on debt quantitative models are excluded because they are not applicable.
Where market data and other information is used, this information is: credible and verifiable; comparable and timely; and clearly sourced. ABS is a credible source. Relevant statistics are published online on a quarterly basis. ATO is a credible source. Relevant statistics are published online on an annual basis, with a two-year lag (e.g. 2011–12 statistics published in 2014). Some data concerns have been identified. Underlying data typically from credible sources (e.g. Bloomberg, ASX) and is produced on a timely basis. Data not always publicly or freely available. Use of econometrics makes the results difficult and complex to verify. Sufficiently flexible as to allow changing market conditions and new information to be reflected in regulatory outcomes, as appropriate. Reflects current ownership of Australian equities. However, not reflect any tax law changes that reduce eligible investors’ utilisation rates below 1. Reflects conditions up to two ago. Reflects current conditions to the extent that recent data is used. Different studies span various time periods. Table 415 Application of rate of return criteria to evidence on the utilisation rate Source: AER analysis. (a): The criteria relating specifically to return on equity and return on debt quantitative models are excluded because they are not applicable.
AER%20-%20TasNetworks%202017-19%20-%20Attachment%204%20-%20Value%20of%20imputation%20credits%20-%20April%202017.docx