Rt Hon JACINDA ARDERN (Prime Minister): Yes, particularly the Government's efforts to increase the supply of new homes. In the year ending July 2022, there were 50,614 new homes consented, up 12 percent from the year ended July 2021. Auckland has seen a 13 percent increase over the previous year, Canterbury 26 percent, and Wellington and Otago 20 percent. There's been a particular rise in apartments and townhouses, highlighting the benefits of the National Policy Statement on Urban Development and medium-density housing reforms. The effect we're having is clear. Just last week, Kiwibank Chief Economist Jarrod Kerr stated, "The housing shortage has shrunk from 57,000 homes to 23,000 homes" and that we will, "start … [to accumulate] a surplus of housing over the coming years".