But the resilience going forward and our ability to invest for the future has, to some extent, been diminished significantly by the increase in debt over the last 2½ years. If you look back 2½ years' ago to March, our debt was sitting roughly at about $60 billion and now it's sitting well over $120 billion. It's doubled over the last 2½ years. Whilst some of that expenditure's been useful—no doubt we would've done the wage subsidy and certain elements of that—there has been an incredible amount of money that literally has gone into the ether and no one can point to. It's not like it's been used to build new infrastructure. It has just vanished into the ether. Now what that means is that whilst our debt was a very low rate of 19 percent, it is now well over 30 percent, and likely to increase further over the next couple of budget cycles. Or hopefully for the budget cycle 2024 there will be change. But we are seeing our options for future investment seriously diminished as a result of Government expenditure and Government spending. Of course, we've had a Reserve Bank alongside that has just undertaken a mass amount of liquidity easing or buying of bonds, which now means that we've got $60 billion of additional debt taken on to account into the Reserve Bank, which means that, of course, because Adrian Orr, the Reserve Bank Governor, signed an indemnity with the Minister of Finance we've now got a mounting liability, was about $5 billion, was in this report about $7½ billion, now is well over $8 billion, and likely to increase further as interest rates rise. We have got a staggering amount of new debt that's come into New Zealand. We have reduced our options to spend on good stuff in the future, whether it's infrastructure, whether it's social spending, and that is the wasted opportunity that we've seen.