Mr. Ian Kavanagh:

The UK tax credit changes only happened very recently. At the minute, we are keeping an eye on the impact of what will happen over there. Ultimately, at the same time, we have just announced a very big change to our own tax credit. The Senator will be aware that the value of our own tax credit is due to increase significantly, it is hoped, in the coming months. It is the biggest change we have introduced since the credit change from an investor-led credit to a corporation tax credit.

In terms of the UK stuff, we obviously will assess the impact of it. If there are any issues associated with it or if there are any competition issues associated with it, we will brief the Minister on it.

In terms of the regional uplift in general, when it was introduced the 5% was the acceptable high point for us to introduce that rate at. As the Senator will be aware, it was-----