Hon MICHAEL WOODHOUSE: That's a very good question, Mrs Stanford. It went very badly. They lost $110 million, by the best estimates, in the last financial year, and the thing hasn't even got off the ground yet. That's an example of where, if there is good and bad in a sector, use the good as the exemplar. Use the Southland Institutes of Technologies and the Otago Polytechs and expect that of all of them. 