Rt Hon DAVID CARTER (National): Thank you, Madam Speaker. As I listen to this debate on the Financial Market Infrastructures Bill, it strikes me that we all take our banking system absolutely for granted. We think it's safe. Our salaries, our wages; for everyday New Zealanders, it goes into their bank accounts and over the next week or fortnight they withdraw it out with a number of transactions—and, as Mr Strange says, probably more by EFTPOS these days than by cash—little credit or little doubt is given to the fact that that system could actually fail. I recall quite vividly, it was the National Government that came in in 2008 as the world entered the global financial crisis, and suddenly we realised that those financial institutions we deal with may not be as safe as we thought they were. Whilst New Zealand was relatively immune from the collapse of our own financial institutions, the same certainly could not be said for the likes of America. 