Mr. Michael Kelleher:

From the point of view of our industry, we have a national planning framework, which is plan-led development. We know where we want to build and we should put the infrastructure in there and be ahead of the curve so the land is available. That is where we need to get to and why it is so important the infrastructure is fast-tracked and that we look at that as how we can, over the next couple of years, get the pipes into the ground, otherwise we are never going to get ahead of this.

The other point goes back to the planning. If we could get certainty in the planning system even the pillar banks would be able to have line of sight to delivery of units. At the moment it is very uncertain, the timelines are too uncertain and the risk is too high, in their view.