Thank you, sir.
Look, we need specifics around what the tax credits apply to because we cannot do financial modelling. Without financial modelling, we can't bring our lender consortiums on side. We're talking about investments of billions of dollars, so obviously we need to be able to demonstrate what the government's policies are here at a very specific level.
I don't want to sound like I'm being overly critical. I am not. Directionally, the fall economic statement is very positive, but without this detail, we are just simply not able to plan. Without the ability to plan, we cannot order equipment, and ordering equipment for our projects of this size requires deposits of hundreds of millions of dollars, so this is very serious business, as you can imagine.
We understand the detail will be provided in the March budget, and we would encourage the government to please consult with industry during this interim period so that we're not surprised in March and we can at least make our views and arguments known as to an appropriate way, if you like, to construct these credits so that they can be a meaningfully competitive response to the IRA.