The second shows how much Labour cares about the stability of these entities. On day one, before a single measure of pipe is laid, these entities will be in debt because Labour couldn't sell these reforms: $1.5 billion of borrowing, offering councils to try and buy into these reforms. That money can be spent on pretty much anything. So on day one, the balance sheet of these entities will already be in debt and having to pay commercial interest rates. That could be nearly $100 million a year in interest payments alone. That shouldn't surprise anyone because this Government is addicted to debt, and they are kneecapping these reforms before they even start.