DAVID SEYMOUR (Leader—ACT): Thank you, Mr Speaker. Each year, people try to name the Budget. I suspect that this one will be named in hindsight, several years hence, as the "la-la Budget". The "la-la Budget" because the Government was in la-la land unaware of the circumstances surrounding it when it brought this Budget down. This Government has benefited from a tail wind like no other. We have, at this time, record low interest rates, an official cash rate of 0.25 percent. We have terms of trade, export prices, a milk price, as high as they'll ever be. And yet, we are taking on Government debt at a rate of $100 billion, to the point where New Zealand's average household will have $95,000 in Government debt to their name. That is the background. And all of those things that the Government has taken for granted are things that sooner or later will reverse. Nobody believes we'll have an official cash rate of 0.25 percent, cheap Government borrowing funded by the Reserve Bank's money printing programme, or mortgage rates at 2 percent, for ever. The cost of borrowing will increase, and the debt that this Government has taken on will seem very expensive when people look back at this Budget. Nobody believes terms of trade can stay high forever. They always go up and go down, and that boost will be gone.