Mr. Ian Power:

First, it is only within the one-to-five-year credit category. The Deputy is correct that it applies to phenomena such as car loans and consumer durables, but not mortgages. However, the reason we have been seeing quite a large increase over the past year or so is because the base was so low. There is expansion at a high rate, but from a very low base. We see that household de-leveraging continues to increase. There was a household savings rate last year of approximately 10%. Therefore, I do not believe any issues arise over increasing debt. The rate of debt to disposable income continues to fall.