DAMIEN SMITH (ACT): Thank you. Intellectual property (IP) and competition law have historically been uneasy bedfellows. IP looks to reward creativity and innovation and commercialisation and leads to productivity uplift. There's no doubt about that and there's enough studies to prove that. Competition law within markets ensures prohibiting monopolistic behaviours and activities. And the impact is likely to mean that IP owners will need to be more careful when looking to commercialise and enforce their IP. In a way, it could effectively discourage investment. So this issue's sort of never been totally addressed. It's sort of been buried because the focus has been on the proposed changes to section 36, which is the competition element. So we believe that the safe harbour should be reinstated to give business confidence in investing in their IP and licensing it as well.