in my time as prime minister we hosted the tfc. that didn't mean that there wasn't a ripple of fear out there on what could have been and what might still be because it's very hard when you are trying to explain to people in australia it had something to do with the sub-prime mortgage in the united states. it's like, what? and then to try to explain the ongoing ramifications. in our nation, actually in the teeth of the tfc, people weren't doing it too tough. the unemployment rate did not go up very high. government was engaged in economic stimulus some of it in cash transfers to families. .. >> there is still the need to fusey important change agendas with a great deal of reassurance about people's jobs and lives. and certainly part of that formula for the labour party has been workplace regulation and very good social safety nets. and when we get all of that working well together, then you can offer sufficient reassurance to get people to go with you on a change agenda. on this question of women and leadership, one of the things t