Hon GRANT ROBERTSON (Minister of Finance): The context of ANZ's comment was in a note that said that the 7.3 percent Consumers Price Index (CPI) reading for the June quarter would be the peak in inflation and that the annual CPI would fall back to within the 1 to 3 percent target band in the December 2023 quarter. I do agree that this is generally where various forecasters, including ANZ, currently sit. In response to the second part of the member's question, I repeat what I said to her when she asked that question of me previously: "The challenge of inflation is particularly harsh in the short term because we are seeing a spike that is decades high. The Treasury forecast that the spike will come off in the second half of 2022, and then, as the member states, go back to the 1 to 3 percent band by 2025. None of that takes away from the pressure that puts on households now and into the future, and that is why the Government is supporting them.", and I do stand by that. It is worth noting that we can take away from these two statements that ANZ's latest CPI forecast has inflation coming back into the 1 to 3 percent band a year earlier than the Treasury was forecasting in May.