So why do we have these new water entities? Well, in part, because—let's tell the real secret—three waters was never about a viable solution to our infrastructure problems. It was a Treaty settlement in disguise. Didn't we just hear that from the member from Northcote, saying exactly that? That's what it was all about, but unfortunately—you can hear them in the Labour benches getting upset, because they've been going back and forward in caucus. 