Hon Dr MEGAN WOODS: I reject the premise of the member's question. As I've outlined in previous answers to supplementaries, the chain of events the member is trying to put together simply do not stack up when the facts are considered in terms of time lines. In terms of why I have confidence in Kāinga Ora to deliver value for money to this Government in terms of its build programme, I just need look at the evidence. If I have a look at the value that Kāinga Ora is giving the New Zealand taxpayer under our Government compared to what the much smaller Housing New Zealand was under the previous Government—if I have a look at the head count of staff per cost of construction, we can see that for the total annual residential construction spend by Kāinga Ora in 2017-18, it was 3.7 staff per $100 million. In 2021, that was down to 0.9 staff member per $1 million spend. This is not even taking account for the far expanded functions that Kāinga Ora had from the sell-off housing agency that Housing New Zealand had become under the previous National Government. So I look at the evidence in front of me, and that's why I have confidence.