andrew boak joins us.lished your commentary earlier. -- i want to bring up this graphic that shows how the rate cut probability really jumped in yesterday's afternoon session when looking at expectations in the markets close to 1% by the end of this year. is there a lot more uncertainty and variables depending on how well the recovery goes, how well victoria potentially opens up? andrew: thanks for having me on the show. i think there is still a little uncertainty as to whether the further, policy whether it is october or november, but whether they ease at all i don't think is contingent on the victorian recovery at the moment. what we have learned from the rba over recent weeks and months is they now want to be seen to have given maximum support to fiscal expansion. there is no surprise this dovishness comes ahead of the commonwealth and state budget period. we think it is not just about incrementally cheapening borrowing costs for these governments and rate cuts, but more importantly about giving a publi