I acknowledge, in presenting this bill today, that it is important we strike a balance between the benefits of any additional compliance requirements we place on bodies corporate and the costs they may impose. We need to get that balance right. And I acknowledge that many with a direct interest in this law may want to see amendments to the bill as it's presented today. I very much look forward to discussion with other parties, the public, and those operating in this sector about how we can strengthen this bill at select committee, allowing, for example, medium residential developments between 10 and 30 units to opt out of some of these obligations by special resolution. 