Thread title is a little misleading - there's nothing in the linked podcast that should be a concern for any prudent trustee who is complying with the SMSF regulations, but thanks for posting
lol - yeh well the government's definition of what "prudent" entails is interesting to say the least. They will continue to make new laws regarding SMSF and edit existing ones until your t1ts are in a complete tangle ... and they can confiscate your assets through taxation, penalties, or whatever the f.. they deem appropriate. The point is - it's never going to be your money ... it's just another tax