John Gilroy (Labour)

I welcome the Minister of State. Senator Hayden offered an interesting opinion on the setting up of an independent agency that might take some of the debt unto itself, manage it and work it out. I would be interested to hear the Minister of State's opinion on how such an agency might sit when juxtaposed with any proposed management of the tracker mortgage issue, which might involve the establishment of a similar type agency to remove the tracker mortgage impairments from the bank's balance sheet. It points to the complexity of the issue. The Minister of State might have an opinion on that.