Mr. Jeremy Godfrey:

I thank the Senator very much for that. On the second issue he raised, we absolutely understand that the pressures on consumers are very extreme compared to what they were previously. The Senator is quite right that competition and consumer protection law is just one of the tools available to ameliorate those pressures. It is good that other things are being considered but, of course, those are matters for the relevant Departments rather than for us.

With regard to the timing, as I said before, we are not sitting on our hands. We do not want to waste time. We are committed to being as transparent as we possibly can and to providing information and updates on where we are going but I am not in a position to say when we will next be able to give the committee an update. However, I absolutely take the message about how anxious the Deputy is that this should be done sooner rather than later. We will provide updates when we are in a position to do so.