Of course, New Zealand will not pay down debt under Grant Robertson. Under the Treasury projections, the debt will go up to $182 billion in 2022-2023, and will stay at roughly at that level—$189 billion, $175 billion. New Zealand, under Labour, will not be paying off any debt. The reason why the percentages decrease as a percentage of gross domestic product (GDP) is that the Government and Treasury is hoping that we will continue to grow the economy and, if you grow the economy and you still have the same quantum of debt, you get a decreased debt to GDP ratio. So one thing we should be mindful of is that in four years' time the country will still have elevated levels of debt of about $175 billion. That is a staggeringly high figure, considering we were at $60 billion only 24 months ago. 