I thank senators for that searing insight into what a Labor-Greens coalition might look like. Along with the Senate Economics Legislation Committee, the government supports the passage of this bill without amendment and, therefore, will be opposing this amendment. Insurance affordability from cyclones has been a longstanding issue in the north of our country. The ACCC found that the main driver of high premiums in northern Australia was a higher natural hazard risk primarily driven by cyclones. Including all flood damage in a reinsurance pool would likely reduce the premium reductions available to residents in northern Australia, and we know that in other jurisdictions, such as the United Kingdom, flood reinsurance pools have required a levy to ensure financial viability. We will be opposing the amendment.