Thank you, Mr. Chair.
Starting with Ms. Walmsley, I agree with all the recommendations you've made, except one. Unless I'm missing something, I see no merit whatsoever in exempting investment management fees from GST, because every other group in the country would want to be exempted from GST. If investment management fees are exempt, why not dentists' fees? Why not this? Why not that? You're in favour of free trade and open markets and all these goods things, and so I don't know why you're indulging in this special pleading.
The question is, why are you making this special plea, when every other conceivable group in the country would want to ask for the same thing if you got it?