The core of what we have been trying to do through this Reserve Bank reform process is to modernise the Reserve Bank Act. As I've said a number of times over the two bills that have already come forward, the Reserve Bank Act passed in 1989. I was in seventh form; Mr Bridges was tearing up university or somewhere—oh, high school at that point as well. It is the case that in the 30 years that have passed, the functions of the Reserve Bank have expanded somewhat—in particular, in the area of financial policy. 