I thank the senator for the question. It is probably a question to me as the Minister representing the Treasurer rather than as the minister for finance, but that is fine.

Senator Abetz interjecting—

I was just being courteous, Senator. It is the case the government did make reference to that in the 2011-12 budget. I notice that my counterpart, Mr Robb, has now declared that we do not need a CGS market.

Honourable senators interjecting—