The Board also has oversight responsibilities in the high-value system as well as for clearing and settlement facilities in Australia, and it has been increasingly devoting attention to the second of those areas. I expect that trend will continue, given the rapid changes that are taking place internationally. Today, though, I want to focus on our work on retail payments.
Public consultation is an important part of that work. In some matters we have a formal obligation to consult, but that is not the only reason for doing it.