Thanks to the super-sleuth work of Mr Scott Simpson, we have been able to uncover that this is not just a simple case of "Oh dear! Oopsie, we made a mistake and we've got to fix it up very quickly because we've got an auction coming up." This is an issue that the Government and the Minister knew about a year ago—in March last year—and despite what Minister Wood said last night about it being some kind of conspiracy theory, which is what we all know is the word du jour to bat away uncomfortable truths, the fact of the matter is it's in black and white. There was a Cabinet paper taken to committee which outlined the need for a mechanism—a secret mechanism—that was worked out secretly to set a secret reserve price so that the secondary market wouldn't be compromised, and that's perfectly fine. But the point is that the Minister knew about it at this point, but he refused to take the advice, or he refused to acknowledge that advice, that actually—and a Cabinet paper says that he recommended proposing regulations be set without providing a technical price at this time. 