NICOLA WILLIS (National): This bill, in the current context, simply adds to the Government's confused messaging regarding monetary policy. Various speakers in this debate have reminded us about the 1980s and the context in which an independent Reserve Bank was born. I'm reminded by my colleague Simeon Brown that, of course, he wasn't even born when that happened. It is instructive to recall the context in which the Reserve Bank has had its powers developed, but it's also very significant that we look at the more recent history, and that's what I intend to do in this contribution. 