Private debt is unsustainable as well. We must get out of the red. We must say to the Reserve Bank and the banks that the licence to print money or to lend money is a privilege, not a given right. Cheap interest rates have fuelled an asset boom of epic proportions in New Zealand, and we need to recognise that. Two years to get the Resource Management Act through is just not acceptable. If they were a corporation, this new Government would be dead. 