But he also said, "Oh well, Bill English did a little bit of that as well.", and I think that's worth deconstructing, because some of the things that the previous Minister—sorry, two Ministers of Finance ago—did were designed to meet the goals of the Reserve Bank Act in the financial remit, and that is to improve financial stability and manage any risks to the economy—for example, the deposit guarantee scheme, the insurance schemes that the Reserve Bank now follow, all were consistent with the mandate that the Reserve Bank had and the requirements that the Government set for it. What they didn't do was change that mandate, and the first thing this Government did was throw the responsibility for maximum employment on to the banking system—on to the Reserve Bank. 