Hon GRANT ROBERTSON (Minister of Finance): I thank the member Damien Smith for his comments and I do accept the point he's making, which is that we are indeed part of an international system in the sense that we're trying to apply a set of prudential rules that stand up to scrutiny internationally. I think his point around the role of the Australian Prudential Regulation Authority is an interesting one in that regard. It's not the subject of the bill, but I'm happy to have it as a conversation with the member, because I think it's incredibly important that New Zealand does set its own rules there for the operation of those entities in New Zealand. We try as much as we can to make sure they're consistent with what happens in Australia, but our sovereignty around setting those rules is very significant and important, I think.