Mr. Jeremy Masding:

Theoretically, yes. I wish to return to the Senator's earlier remark about the 125% mortgage. The underlying principle there is the ability of the bank to understand the risk of lending money. I like to think that since 2012 we have gone back to the basic principles of lending to the person, not the property, and being very clear on the affordability aspect. In terms of the Senator's question on development loans, theoretically we could do it but a banking CEO must be absolutely sure they have the capability within the organisation to undertake that type of lending. As of today, it is not something I would consider.