Hon GRANT ROBERTSON (Acting Prime Minister): With characteristic modesty, I note the full quote of the Prime Minister: "in the midst of a crisis, in the midst of such tough economic times globally, we are well placed to recover, with one of the best economies in the world. And … there are many reasons for that, [but] Grant Robertson is one … and for that, I thank him." In answer to the second part of the question, the Budget Economic and Fiscal Update forecast gross domestic product (GDP) growth of 4.2 percent for the year ending June 2023, moderating to 0.7 percent, 1.6 percent, and 2.5 percent in each of the following years. By comparison, the Reserve Bank of Australia estimates GDP growth of 3 percent in 2022/2023 and 2 percent in 2023/2024—a slight moderation on the Australian Budget forecasts. Global economic growth is forecast to be slower and inflation higher than even just a few months ago, and that makes forecasting uncertain. What I am confident in, though, is the resilience and strength of the New Zealand economy, and that both New Zealand and Australia have done well with dealing with COVID and are in a good position to deal with the challenging times that we're in.