Hon Dr MEGAN WOODS: This is the first time since the 1970s that funding of this scale for supporting infrastructure, like roads to go to homes and water to taps, has been so closely linked with land, with the goal of bringing on new housing at pace. We are also supporting Kāinga Ora to borrow $2 billion extra to build a land acquisition programme which leverages its scale to increase the pace of housing developments coming online. These measures will reduce the impact of land banking that has held back housing developments in the past, and ensure a sustained pipeline of new housing.