Major Australian banks report being offered substantial US dollar funding offshore on account of their relatively high credit standing. In any event, their reliance on such wholesale funding is much reduced from three years ago, with the large increase in deposit funding at home and slower balance sheet growth.
Not long ago, there were reports that you had voted against lower interest rates, what would be expected from a German hawk. Some people say that you seem to be becoming more German the longer you are in office. Asmussen: That is perhaps what some people say, but I am not sure whether it is correct.