Hon GRANT ROBERTSON (Minister of Finance): I think New Zealand has the particular set of circumstances where the Reserve Bank is part of the Crown's overall balance sheet. That's not the case in a number of other jurisdictions. As a result, we have to find a way of getting that balance of operating independence versus the point that the member's raising. That's done in this bill, albeit not in this part, by us setting the financial parameters and then operational decisions within that being made by the bank itself. To me, that is a necessary compromise in order to protect the operational independence of the bank. 