Hon STUART NASH (Minister for Small Business): During the recess, New Zealand hosted a virtual meeting of APEC Ministers responsible for small and medium enterprises. Collectively, we agreed on the need to place small to medium sized enterprises (SMEs) at the heart of our economic recovery. Further, APEC Ministers identified two clear priorities. Firstly, we want close attention on the role of digital transformation and digital tools to enable effective recovery. Secondly, the joint ministerial statement identified the importance of supporting the mental wellbeing of our SME owners. This is significant because it is, I believe, the first time that APEC Ministers responsible for small businesses have identified mental wellbeing as a priority for building resilience in the economic recovery.