Ms Anne O'Connor:

The concern was about the phasing. In that letter, I referenced the fact that the overall capital envelope, while we would always like to have more, was not the prime concern; the prime concern was the phasing of the funding available in 2019 and 2020 given the commitments we might have. As I said earlier, the concern for 2019 is that if we were to commence capital projects towards the end of this year, there would be a substantial cost in 2020. The purpose of the letter was to flag that concern but we have covered that there is a process in place now to look at the overall funding available.