Hon Dr MEGAN WOODS: As I've outlined to the member in an answer to a previous question, we won't be dropping a Government underwrite to de-risk properties in the face of significant market headwinds. I pointed to the fact that, only a couple of hours after we raised the income and price caps for KiwiBuild, we saw NZMS, the developer financer, come out and announce $600 million worth of funding that would be made available to developers for KiwiBuild projects because of that de-risking element. I see a number of flaws in the GST proposal from the ACT Party. For many of them, if you were to refund the whole GST back on, say, an $800,000 house, that would be refunding $120,000 back to a council, which is way more than if we look, for example, to the Infrastructure Acceleration Fund. Some of the projects that we have funded have been as little as $6,000 per dwelling that have gone for the infrastructure upgrades required to make them. I think ACT's proposal is untargeted. There is no guarantee that we will see houses, and, actually, I think it is paying too much per dwelling.