When it comes to the second part of the member's question—around three waters—look, the "no worse off" policy was the subject of discussion with Local Government New Zealand. It was a recognition that there was a change in the status of the assets that were available for local government. We did negotiate that with them. There are rules and requirements around how that money can be spent, but the member is right to recognise how Auckland Council used it—he may not be satisfied with, but in fairness to Auckland Council, the "no worse off" agreement was one made with Local Government New Zealand as part of the way that we managed three waters process.