Our response is also helping to cushion the blow of the global COVID-19 pandemic for businesses. Yesterday, I announced that the Government and retail banks are implementing a $6.25 billion business finance guarantee scheme for small and medium sized businesses. This is leveraging the Government's financial strength to allow banks to provide short-term credit to cushion the financial distress on solvent small and medium sized firms affected by the crisis. We've also introduced a raft of tax changes to help increase businesses' cash flows, including the reinstatement of depreciation deductions for commercial buildings, increasing the threshold for provisional tax, increasing the threshold for writing off low-value assets, and giving time-limited discretion to Inland Revenue to remit the interest on tax debt if a taxpayer is unable to pay on time due to the impacts of COVID-19. 