Like you, Mr Chairman, I think it sets a good precedent for future meetings, even if it does represent a cautious start, given that Wagga Wagga is half-way between Melbourne and Sydney and not that far from Canberra. Perhaps the Committee will be more adventurous in its future choices.
I would also like to record our thanks to the Mayor of Wagga Wagga and his colleagues and to Kay Hull (a member of this Committee) for their hospitality earlier this morning. As usual, I would like to start by reviewing the forecasts I put before the Committee at the previous meeting in Melbourne in May.