The Future of Super Fund Allocations

I think we will see probably a bit of an increase in allocations to cash in super funds and in the balance funds, because those returns have moved up from 1.2%. I'm not sure it'll be a huge tilt, but it will be a tilt back to cash and probably fixed interest as well. The government is and has been hopeless. We need economic core reform. Alan talked about an independent board for fiscal policy a few weeks ago. What are your thoughts about establishing a fiscal policy independent slash panel separate from the government and the Reserve Bank during economic slowdowns? Would any of these people who have the power over taxes and spending be, say, elected?