3 Even with this Delta downgrade, I anticipate that growth this year and next will be sufficient such that by the end of next year, average annual growth since the onset of the crisis should exceed pre-crisis trend growth.
We have provided a written submission to the Committee which looks at various aspects of competition in the financial sector. I won’t take up the Committee’s time by going through that submission in detail, but it might be worth highlighting some of the key points and the conclusion.