Mr. Michael Doorly:

We have been focusing on property and the demand for property, as we said, is created by a mix of factors, including the general economy, but it was really the availability of finance that appeared to drive the property bubble. We probably would have experienced the property bubble with or without the media and, therefore, I do not think it is the media that can be held responsible, but it was the other factors, the demographics, employments levels and income, but, primarily, at the end of the day it was the availability of credit. That, I think, is where the lessons have to be learned.