Fact Scenario 2 - Income from Personal Services and Employment Greg Merrett and his wife moved to Melbourne after he signed a three year contract to play with Richmond Football Club (RFC). He was given a base salary package of $400,000 a year, half of which he requested be deposited into his wife's bank account. The RFC also agreed to pay Greg $100,000 for him agreeing not to undertake any promotional or marketing activities during the life of his contract, other than those approved by RFC. Greg was hit by a car crossing the road after taking his children to school. He was not able to work for six weeks. He received $40,000 in compensation for loss of wages. Required: Referring to relevant law, discuss whether the above receipts are likely to be Greg's "ordinary income" under general concepts and assessable under section 6-5 of the ITAA 1997.