What PB has written is 100% correct and you are the one who is trying to be misleading. Please refer to Note 2 of the company's half yearly accounts - EBITDA in ANZ was over $50m (after apportioning corporate costs). The sub $10m you refer to is on a Group basis and is as a result of start up losses in the US and UK. PB's post very clearly refers to EBITDA in AUSTRALIA.