ANDREW BAYLY (National—Port Waikato): Thank you, Mr Speaker. I'm looking forward to engaging with the Minister of Finance over this bill. It's a very important bill, the Reserve Bank of New Zealand Bill. We're talking about fundamental changes here, and there are a number of questions we'd like to ask him. I think the biggest issue about this bill is the issue about: what is the systemic failure that's taken place for the Reserve Bank that actually requires these changes to the bank's structure? We've already had one bill passed through this House a while ago and this is the second, and there's another one to follow as well.