It's worth emphasising, I think, as others have done, the importance of forestry to New Zealand: 1.6 percent of our total GDP. It is the third-largest product export earner behind dairy and red meat, and I think we can all agree it has a high-growth potential. The sector is heavily dependent on overseas investment, with up to 70 percent of forestry plantations being foreign-owned. So any regulation will have an impact on productivity and the economy at large. So there are risks, including that a stricter overseas investment regime may cause a decrease in investment, among other things.