Susan O'Keeffe (Labour) | Oireachtas source

Yes, and I notice, and forgive me Chair, because I thought actually this was in the book for Mr. Patterson; it's actually Mr. Neary's book, but ... and if it isn't familiar you can, of course, stop me. It actually relates to the interim financial stability report to the board of the Central Bank in the first half of 2006. It says, this ... this document, this is one of our accumulated documents:

.... raised the alert on the financial stability risk from private indebtedness, re-accelerating house price growth and strong loan volume growth of the Irish banks. It also raised concerns on the strong rise of loans to commercial property-related non-financial corporates which had played a minor part in the commentary of former financial stability reports to date.

Now people have talked about the appropriateness, or not, of financial stability reports in the ... that one seemed to me to be quite robust. There's strong suggestions in there about house price growth, private indebtedness, and commercial property.