Hon MICHAEL WOOD: Amongst other measures, a good minimum wage will allow, as Henry Ford once said, the workers who are employed under those wages to afford the products and services that are created by those businesses. Having a good minimum wage is actually one of the most important things that we can do to stimulate local economic activity. I note that the same Chicken Little predictions were made by that side of the House when the Government increased the minimum wage on 1 April last year, and we have managed, at this point of the economic cycle, to have one of the lowest unemployment rates in the OECD.