Domestic – risks related to lending to our dairy industry and to our already highly indebted households. And our most recent Financial Stability Report notes the risks from technology disruptions, misconduct and cybercrime, insurance affordability and climate change. We also have to consider the vulnerabilities of our financial system.
The proposals made by the Reserve Bank last week for the introduction in March next year of a more flexible system of providing BIS Review 108/1997  -4-  accommodation to banking institutions, represents an important further step on this road towards a more effective monetary policy system that will be compatible with global policies. 3.