I think, on that basis, my questions for the Minister are quite simple: why did you, as a bottom line in regards to these reforms, dictate that there had to be four entities in regards to the way in which the three waters infrastructure, or the reform, would be structured? It was it was quite clearly stated that that needed to be a four-entity model. And the other bottom line that came in from Government was in regards to the 50:50 co-governance. But I'm more interested, at this point, around the four entities, because if the issue and the problem statement is, as the Minister articulated, in regards to unsustainable finance, then why are we leading with a solution that we need to create four entities to solve that problem? Why do we not simply look at the underlying problem statement, as the Minister's articulated, around unsustainable finance and deal with that? Because there's multiple mechanisms, and ways in which, and alternative models that can deal with the way in which you fund and finance infrastructure over the long term. 