Hon GRANT ROBERTSON (Minister of Finance): ASB economists this week reported that their real-time estimate of unemployment in New Zealand was a little over 6 percent, based on job seeker numbers from the Ministry of Social Development. In recent weeks, economists, including ASB's, have revised down their forecasts of the peak in New Zealand's unemployment rate to around 8 percent, as new data comes out on the New Zealand economy. New Zealand went hard and early with our economic plan to cushion the blow for businesses and households from the global recession caused by the COVID-19 pandemic. It is welcoming to see that the actions of all New Zealanders, and the benefits of opening up the economy under level 2 and level 1 earlier than expected, are contributing to better than expected economic outcomes for New Zealanders.