Ms Rosemary Hennigan:

I did not carry out research, but we were involved with the Mick Byrne research. Interestingly, at the moment, the demographics are largely people between the ages of 23 and 38. However, during that research, somebody who was 54 said they had only just started planning for their pension and were worried about their old age. It is definitely an area that needs to be looked at in general, particularly in the context of rent subsidies and how those will work. We also need to look at when people have temporary incomes. In general, much work has been done about the point of entry into cost rental. We need to look again over time and how people’s lives change. They might have families or circumstances might change. They might go into retirement. We will have to move with that. This is very new. Our hope is that there would be regulations and more guidance around that in time.