You confirmed before after a bit of encouragement from the chair, Mr Mrdak, that, if the BC ratio falls low enough or if there are other hold-ups at your end, the Commonwealth retains the right not to fund the project?
The Australian Interactive Games Fund commenced in the 2012-13 financial year. It was meant to be a three-year funding program. In 2014-15 it was axed. So it only ended up delivering $10 million of the budget before it was cut.
ERA stated that it had been advised by the Gundjeihmi Aboriginal Corporation that 'the Mirarr Traditional Owners do not support an extension to the Ranger authority'. ERA's share price dropped 25 per cent off the back of that announcement.
What would the implications be in those contracts if a future government, say hypothetically after the 2016 election, decided that it was not going to proceed with the fibre-tothe-node rollout, what your company has signed up to, or what the Commonwealth has signed up to with Telstra and potentially others? How difficult would it be to change direction from 2016?
One area, I guess, in which debate around climate change has focused very heavily in this country has been around mitigation and energy transformation. Adaptation seems to have lagged behind. Will you guys have a role in any kind of systematic way in dealing with adaptation as it relates to cities?