Hon DAVID PARKER: There's no doubt that the ability of highly leveraged investors to deduct interest in their property portfolios is a very significant matter in the market. We believe that action was needed. Investors in the housing market who were investors for rent increased substantially over the past year. In quarter four, at the end of last year, around 40 percent of all property transfers were to the owners of multiple properties, and the amount that was being borrowed by investors who can deduct their interest was increasing at a higher rate than was able to be borrowed by owner-occupiers. We stand by our view that change was necessary, and we also believe that the data—as the Minister of Finance outlined earlier—shows that this policy is helping turn things around. 