Also, as has already been mentioned, net core Crown debt is now forecast to peak at 40.1 percent of GDP—again, much higher than New Zealanders have been used to seeing, but comparatively still amongst some of the lowest levels of public debt in the OECD. As a country, New Zealand is well positioned fiscally to be able to manage a shock like COVID-19. As we have also discussed, the Crown's core tax revenue has increased as more people have been in work as the economy has grown. At the same time, we have been careful about the expenses that the Government is putting out there. We are up around the 35 percent of GDP level—that is a similar level to what the National Government had when they were coming out of the Canterbury earthquakes and the global financial crisis. But we bring that back down again to around 30 percent of GDP by the end of the forecast period. Again, a careful and a balanced approach to making sure that we look after New Zealanders, we invest in addressing the big challenges that are facing us, but we also have a mind to the future generations and what debts we leave them.