The Reserve Bank is fighting back this huge red flame that sits in front of them by hiking the OCR in a desperate attempt to drive down inflation. We've seen twice, in two cycles, a 50 basis point increase—the first time in history in New Zealand that this has happened—and homeowners are going to feel the pinch, all of those homeowners in the last couple of years who bought houses at record prices. I think, in Auckland and my electorate, of those first-home buyers who have taken on huge, huge debt and are now looking to re-fix this year—60 percent of mortgage holders are looking to re-fix this year. They are going to be in a serious amount of trouble and it's going to be really tough, all because Adrian Orr, the Reserve Bank Governor, is, like I say, desperately trying to fan out this giant red fire with the only tool that he has in his tool box.