Senator GALLAGHER (Australian Capital Territory—Minister for the Public Service, Minister for Finance, Minister for Women, Manager of Government Business in the Senate and Vice-President of the Executive Council) (14:44): I don't accept the proposition that Senator Roberts has put as part of his question. But I do accept and understand that insurance affordability is a real issue for Australian households and businesses, and it is something that the government is concerned about. You see in the inflation data that one of the big drivers of inflation is the costs around insurance. There are a number of reasons insurance premiums have increased in the last 12 months—it's due to a range of factors—but I think Senator McAllister was talking about this earlier in the week. There have been more frequent and more intense hazard events, price inflation is making it more expensive to repair damages, and there is the global distribution of risk by reinsurers, which are having to cover the costs of earthquakes in New Zealand and hurricanes in Florida—that all has an impact on costs here. The government has established an Insurance Affordability and Natural Hazards Risk Reduction Taskforce within PM&C to address the impacts of climate change and inflationary pressures that are driving up the cost of insurance. We are looking at what further steps the government can take, working with industry and stakeholders through the taskforce, including some things the insurers always raise this with me: risk mitigation, land use planning and other near-term opportunities to address affordability. The PRESIDENT: Senator Roberts, first supplementary?