Dr DUNCAN WEBB (Labour—Christchurch Central): Kia ora e te Mana Whakawā. I can assure Mr Bayly that there are some members that are new to the committee on this side of the House, but they are not struggling with this bill in the slightest, they are some of the most talented people we will ever see in this Parliament and I am very excited to hear their contributions. Whilst it was an excellent select committee—well led as well—that looked at this bill, we will no doubt see some further insightful contributions coming from this side of the House at least. We know that Mr Bayly dealt in the murky world of merchant banking in a former life, as I understand it anyway, and he actually did make some very good contributions in select committee here, about this Financial Market Infrastructure Bill. But it is important to just recognise that this bill actually touches on everyday lives, because every time we go down to buy something at the supermarket with our Visa card or our EFTPOS card, we are using part of our financial infrastructure, and that payments and clearance system which underpins this, underpins those simple payments, is absolutely integral to the financial stability of New Zealand.