Hon MICHAEL WOODHOUSE (National):Thank you, Madam Speaker. That gave me at least 45 seconds to get ready. I think Dr Russell made the very point that concerns me about this bill. She talked about the Reserve Bank of New Zealand Act when it was passed by the fourth Labour Government in 1989, and that this is some kind of a tidying up of a dusty old piece of legislation—32 years old—that, as she said as a sort of a "by the way", gives the Minister a bit more influence over the Reserve Bank.