So let me list where the Minister has gone wrong. Firstly, the Minister took a $48 million net deficit problem in the sector pre-amalgamation and turned it into a $110 million net deficit forecast for the sector this year. And to achieve that outstandingly bad result, the Minister used $200 million of public money on consultants and transition costs to make the problem one and a half times worse. Now, be very sure to understand that that money wasn't spent on students or staff or industries or communities but on consultants and head office. 