Mr. Ed Sibley:

We can see there are differences across the banks in some of the decisions they are making. There are some differences between the banks and non-banks in terms of the prominence of certain solutions. However, all firms, bank and non-bank, are engaging and offering restructuring. We can also see, and I appreciate that I am talking about individuals here, that as a proportion of the loans that are in distress, currently there is no greater propensity to take legal action by the non-banks than the banks. It is about the same. I appreciate how it feels for anybody in those circumstances, but that is the evidence we see. As I said, we are keen to understand what MABS has submitted and we will take it into our ongoing supervision.