Mr. John O'Connell:

It fits into that overall picture we have painted. We monitor the media for all mentions of banking and we see more and more reports of ATMs being out of service and no cash being available for periods of time. These include reports about Tralee on Easter weekend and Cork on St. Patrick's weekend. That could be remedied straight away by means of a service contract that provided for systems being restored within an hour should they go down. Everybody has service contracts of this kind in respect of their IT systems and so forth. The availability of cash reducing and so forth has to be part of the debate. The Reserve Bank of New Zealand is carrying out a public consultation on this matter. We attended a future of banking forum in Northern Ireland and much of the discussion was on the issue of access to cash and how important it is to the functioning of society to have access to cash. We are in a situation where the banks have sold off all of their ATMs aside from those located in branches. We see a model elsewhere in which charging for ATMs comes in as the next step. Access to cash is a central part of the debate on the future of banking.