Given the circumstances, the Board is prepared to adjust interest rates again if needed to get us closer to full employment and achieve the inflation target in a way that supports the collective welfare of all Australians, including those who call the Northern Territory home. Thank you once again for joining us this evening and for listening.
The recommended actions are in five areas: •  2  Strengthened prudential oversight of capital, liquidity and risk management  BIS Review 49/2009  •  Enhancing transparency and valuation  •  Changes in the role and uses of credit ratings  •  Strengthening the authorities’ responsiveness to risks  •  Robust arrangements for dealing with stress in the financial system  These measures are a first step to a regulatory response which aims at tackling those weaknesses of the global financial system that caused the current and severe financial stress.