I'd like to acknowledge my colleagues the Hon Kris Faafoi and the Hon Dr David Clark for their work in guiding this bill thus far. The bill has been reported back by the Finance and Expenditure Committee (FEC) with a majority recommendation that it be passed with amendment. I would like to express my appreciation to the members of the committee in the last term of Parliament for their careful consideration of the bill. The committee considered 59 submissions from industry groups and individuals covering a range of matters, and I'd like to thank those who spent time and effort in preparing their submission to the select committee. The majority of those submitters supported the policy intent of the bill, but the committee has recommended some important changes aimed at ensuring that the bill achieves its policy intent.