Ann: FY18 Trading Highlights and FY19 Earnings Guidance, page-12

Hi, when you say "Arrears bucket has ballooned massively", how does this align with their comments?:

"Credit quality remained consistent in line with portfolio maturity and policy changes
Arrears recognition policy was updated during 2H18 to be consistent with securitisation and industry practice:
› Transitional changes ahead of AASB 9 implementation to occur 1 July 2018
› An updated approach to 30 day and greater arrears policy to reflect industry best practice
Impairment provision budgeted for in FY19 under new dynamic AASB 9 provisioning and in line with industry standards.

Is it more the case that the arrears looks worse because of the way they are now reporting them?