Hon GRANT ROBERTSON: It's a very important matter, Madam Speaker; that's right. It provides multi-year funding—[Interruption]—you're already short enough—and specifies the amount of revenue the bank may retain to fund its operations. The new funding agreement will apply from 1 July 2020 to 30 June 2025. The bank's funding proposal, which underpins this agreement, focuses on addressing critical risks to the bank and the financial system. The bank considers it necessary to respond to areas of past under-investment and address critical risks to its ability to deliver its mandate. Furthermore, the scale of the downturn from COVID-19 means it will be more important than ever that the bank is sufficiently resourced to undertake the full range of activities required of it. 