As I have said, those powers enable the Bank to act as lender of last resort and liquidity manager for the financial system in addition to its better-known role in conducting monetary policy. When bank supervisory powers were shifted from the Reserve Bank to APRA under the 1998 Wallis reforms, the Bank's general mandate to use its powers to promote financial stability was reaffirmed.
On the other hand, the costs of private quality education seem to be increasing significantly in recent years. After education, once they get gainful employment, decent housing will be the next aspiration.