Rt Hon JACINDA ARDERN (Prime Minister): Like many New Zealanders, I am concerned by increasing house prices, which is why we as a Government are absolutely committed to making progress on housing. I take as a sign of that commitment the fact that since 2017 there has been record new home construction, with 37,725 new homes over the last year. First-home buyers are 25 percent of purchasers in the third quarter of 2020, the highest levels since CoreLogic's series began in 2005. Since 2017, we stopped National's sell-off of State homes, and we added 6,000 new public homes in the last three years. We developed the National Policy Statement on Urban Development to substantially increase development capacity—as much as 40 percent in some local authorities. We established a progressive homeownership scheme, increased the First Home Grant, made the First Home Loan scheme more accessible, and, of course, started KiwiBuild. We passed the healthy homes standards and introduced fairer tenancy laws. But we also acknowledge there is more to do.