Hon GRANT ROBERTSON (Minister of Finance): The latest Xero Small Business Index has shown that businesses have remained resilient despite Omicron affecting staffing. Sales grew 3.7 percent year on year while jobs grew 2.7 percent. Wage growth was above 4 percent in all regions. Overall, the index jumped 20 points, to 134, the highest level since the series began in 2017. This was largely driven by a significant fall in the time small businesses waited to be paid, to 21.3 days, which is the lowest result since the series started.