Hon GRANT ROBERTSON (Minister of Finance): Westpac has released its latest quarterly review on the economy. The bank's economists note that New Zealand's recovery is gaining traction, underpinned by continuing increases in household spending, lower than expected unemployment, stronger construction sector, and firmer activity in the manufacturing sector. They expect economic activity will continue to strengthen over the year ahead, with a continued support from fiscal and monetary policy. However, Westpac warns that the economy is expected to take time to recover as vaccines are rolled out around the world and conditions are set to remain uneven across sectors. Global activity is on the mend, but the recovery is uneven there too.