Alan Kohler

It looks like that's the kind of big change that's going to occur.

And, you know, I mean, maybe that'll be fine because all the ships will get through.

They'll just have to pay a toll to...

which will go on to inflation everywhere, but it won't be the sort of oil shock or fertiliser shock that is caused by, you know, ships not getting through.

So, you know, maybe that's what will happen.

But so far at the moment, ships aren't getting through.

So we've still got mainly an oil shock.

But you're right.

I mean, oil intensity has declined.

And the other big impact of the war in Iran has been a massive increase in renewable energy.

So it's probably the best thing that's ever happened to global warming or the efforts to control global warming.

You know, I mean, this is going to lead to a massive shift away from fossil fuels towards renewable energy.

We probably better move on to questions.

Have you got anything to say about AGMs going on?

Oh, it's a busy day today.

So a bit of a competition to get your question up.

Right.

Very good.

Okay, well, before we get to questions...

Just a normal advice now.