Mr. Bill Callanan:

We thank the committee for the engagement today. I have three or four comments. First, I want to be crystal clear that both Departments understand the implications. I appreciate the economics of it and I have also referred to the environmental elements of it. My main message is there is a clear understanding of the implications. Second, to be fair for farmers, we have to recognise the contribution and work they are doing in relation to this. That is evident from any engagement I have with them. However, it is not I who will decide this in 2025; it is water quality standards. We have a collective opportunity to work on that over the next couple of years. I am cautious of the risk of today's debate losing sight of the bigger picture, which is our position in 2025 and how we can ensure we are in a good place in negotiations then, because we will be isolated in terms of the ask. Government will have to work with and support farmers, farmers will have to work with us, and industry, including co-ops, etc., will have to be engaged in the process over the next two years to make sure we are in the best possible position at that time.