The other thing I really want to dig into early on in my contribution is Mr Bayly's comments, reported in the media, that there may be occasions where the board has to operate in an absolutely commercial focus, and that might differ from the Minister's letter of expectations, he says. However, he lays out no compelling case for that, and I think if we go through the letter, it's very difficult to imagine how that might be the case. It simply is not something he's addressed. It's not something he's chosen to address in his comments here. I think he is wanting to outline an ideological view for which he can find no practical outlet. 