Hon GRANT ROBERTSON: Statistics New Zealand today released the food price index for March. It does show prices rose 0.7 percent in March compared with the previous month, and after removing regular seasonal impacts, food prices rose 0.4 percent. For the year, prices rose 7.6 percent, the largest increase since July 2011, when prices rose 7.9 percent. Rising food prices are a global phenomenon—for example, the United States reported overnight that food prices rose 1 percent in March 2022, compared with the previous month, and 8.8 percent for the year. The environment continues to remain volatile with the ongoing COVID-19 disruptions and Russia's invasion of Ukraine pushing up prices. We acknowledge that the rising cost of living is a crisis for some New Zealanders, and that's why we have supported low and middle income earners through reductions in their fuel bills and income increases. These are measures that can make a difference to households rather than unfocused tax cuts favoured by the Opposition that would benefit those earning over $180,000 the most.