ANDREW BAYLY (National—Port Waikato): Yes, so I think the points raised by my honourable colleague Paul Goldsmith were very pertinent. I think the answer actually is in Treasury documents, Mr Goldsmith, which really talk about the impact on house prices and rentals. I know the Minister was shortly just about to jump up and highlight this, but it was pretty clear what Treasury's advice was, wasn't it? It talks about considerable uncertainty about the magnitude of the impact on rents. It talks about the disproportionate effect on low-income households, young people, Māori, and Pasifika peoples. 