ANDREW BAYLY (National—Port Waikato): Thank you, Mr Chair. I found the Minister's argument very interesting: $1.4 million. I suppose my first question is—and this has been the central thing—banks and financial institutions make mistakes, and we don't want them making mistakes. We've already got the Credit Contracts and Consumer Finance Act (CCCFA) legislation; that's already been in place. What this bill does is put another architecture over the top of it and doubles it up—doubles up the requirements on financial institutions to hire lots of people to do lots of compliance. So I suppose my question to the Minister is: what is the benefit-cost ratio of this and how much have the officials estimated these reforms, these new compliance regulations, will cost financial institutions to implement? I'd love to know whether there's been any assessment of the cost of financial institutions implementing this, particularly when they've already had to gear up to meet the CCCFA requirements.