Hon GRANT ROBERTSON (Minister of Finance): Last week, ANZ's business confidence survey was titled "Bouncing back", and it reported that confidence had jumped six points in April, with firms' own activity also lifting six points. ANZ said the "solid bounce … indicated that firms are feeling pretty upbeat,". It also admitted that the robustness of the data was starting to challenge the bank's own view that the economy would go largely sideways this year. As I said this morning in my pre-Budget speech, the New Zealand economy has proved to be resilient in terms of GDP and unemployment. We are well-positioned relative to the countries we normally compare ourselves to.