Hon GRANT ROBERTSON (Minister of Finance): Our economic recovery in New Zealand is being supported by a number of sectors, including strong activity in the construction industry, and I have record-breaking news to share with the House. Today, Statistics New Zealand announced that building consents for new homes hit a record high of 41,028 in the year to March 2021. This overtook the previous record high set in 1974. The House might also like to know that building consents for new homes in the year to March 2021 were up 34 percent, or by more than 10,000, compared with 2017. A range of measures introduced by this Government to increase the supply of new housing has helped create this situation, including our record State house building programme, investment in trade training and apprenticeship schemes, and the general confidence created by the Government's infrastructure investment plans.