Hon GRANT ROBERTSON (Minister of Finance): The Government, on behalf of New Zealand, exercises a 52 percent shareholding in Air New Zealand. Air New Zealand is a company that has served New Zealanders incredibly well over recent times. It was a very challenging period for every airline in the world when COVID-19 hit. And one of the things that happened when COVID-19 hit was that Air New Zealand—like other airlines, it has a very extensive programme of investments already put out for the future, it also has a very expensive day-to-day running cost. And in that situation, and in that moment, the Government of New Zealand, on behalf of the people of New Zealand, made sure that the airline did not become insolvent. That was the prospect facing New Zealand and Air New Zealand. So a $900 million loan facility was announced. That is a good example of the way in which a Government-backed airline can not only provide terrific services to its people and to people who want to come here but also represent a particularly sound investment option where it is the situation we have in New Zealand, where it is 52 percent owned by the Government and 48 percent owned by other shareholders.