Hon DAVID PARKER: It's roughly half. Over time, if you go over a period of 20 or 30 years and you say that inflation over a longer period averages 3 percent per annum, let's say for this sort of asset class there's a margin above inflation of 3 percent. The real interest rate that is being paid by the borrower is only 3 percent, even though they're paying a nominal rate of 6. And they get a deduction, effectively, from the inflationary component of their interest payment to the lender, which is compensating the lender for the diminishing value of the loan. At the end of the year, the real debt of the borrower has decreased by 3 percent in after-inflation terms.