I thank the shadow Treasurer for his remarks. The reason the government is not supporting the opposition amendments in their current form is that we believe they would weaken the reforms we are trying to introduce. I will state again that we see the 'drop dead' date for implementation of FoFA being 1 July 2013 but we do believe that putting in the date of 1 July 2012 encourages early movers to take advantage of these reforms.