Senator MARGETTS (9:48 AM) —If anyone was ranging far and wide, it was the minister in that particular case. I asked a specific question. I was not ranging far and wide. In this particular example, we are being asked to change legislation which will be to the benefit of and will reduce the costs of the large corporate banks. If we make this change under the MAI, which Australia was prepared to sign this month—

Senator Kemp —What?

Senator MARGETTS —There was never any statement made that Australia was not prepared to sign in May. All the public statements said that Australia was ready to negotiate this in May—that is, this month. It was other countries who Australia stood behind, saying it was their problems not ours. All those statements said that. Given that that is the case, and at some stage we are going to go back to the table, I simply asked in this measure in this legislation whether it meant that we were taking a one-way step.