Ms Dee Forbes:

Like many companies in the country, our contractual retirement age is 65. That has been the case for many years. In light of changes in legislation, we are looking at that. The vast majority of people want to retire at that age and, of course, we facilitate that. As I said, there is work to do on the issue. We watch the relevant legislation carefully in that regard.

As regards staff numbers, the Senator will see in some of the briefing documents we sent the committee that we have been on a constant process of staff reduction over many years. In fact, staff numbers are now 21% lower than they were in 2008.