The bank's actions can and do materially impact the prosperity and wellbeing of New Zealand. The Government expects the Reserve Bank to use the resources available to the best possible effect and deliver excellent outcomes when exercising its functions, taking into account their statutory objectives and the Government's broader economic objectives. Ratification of this funding agreement will ensure the bank continues to remain operationally independent while also equipping the bank with the resources it needs to maintain its objectives of price stability, maximum sustainable employment, and financial stability. I therefore ask for the House's support in ratifying this funding agreement.