Mr. David Broderick:

I thank the Senator. I am glad the Senator called out my colleague on screen. If Senator Nelson Murray wants to hear another good story, there is a fantastic story on screen so I hope we get to it. I will take the borrowing question first. There are a couple of elements. When we first saw this figure, it was worrying in last year's survey and, unfortunately, a report by Deloitte shows liquidations are up 32% year on year. I am concerned that figure will go higher this year. As the Senator is well aware, it will take time for those liquidations to flush through the system.