Lynn Ruane (Independent) | Oireachtas source

It is just two quick points. Perhaps Professor Deeks can refer to the Australian model and being there to witness the transition there. What was the economic environment in that country at the time that was introduced? Obviously, we are starting from a very different position in Ireland with home owner debt, bank debt and the massive cost of housing, all of which has an impact within a household in terms of debt aversion. It may be unrealistic to compare the current situation in Ireland to whatever the environment was like in Australia at the time.

The other point relates to multi-annual budgeting. In what position would it leave institutions in terms of forward planning during these difficult times if, similarly to the HSE, they were given multi-annual budgets?