Hon GRANT ROBERTSON (Minister of Finance): Mr Speaker, kia ora anō. Westpac's latest economic review has noted that the health-led response to the pandemic has resulted in a resilient economy, with economic output tracking close to where Westpac's economists thought it would have been, had the pandemic not occurred. They said, "That's a striking result given the loss of international tourist dollars and the sharp downturn in population growth." They also say, in recent years, that households' disposable incomes have risen by around 5 percent a year, outpacing increases in the cost of living. There has also been a rise in household saving rates; combined, that is providing households with a buffer from the factors that are crimping their discretionary spending. While 2022 will undoubtedly be a tough one around the world, due to the hard work of businesses and the actions of the Government, New Zealand finds itself in a strong economic and financial position to deal with the ongoing challenges that are thrown at us. 