GREG O'CONNOR (Labour—Ōhāriu): Thank you, Mr Speaker. This is shaping up as a fairly typical post-Budget day, you know: we propose, they oppose. That's what we're doing. I'm happy to be on the side that's proposing, at this stage, because there are no alternatives. But just in case there are people listening, they'll listen to the various speakers here—and I'm now following the ACT Party. Now, the ACT Party—there'll be accusations, there'll be people yelling meaninglessly across the House, as we're just hearing now, but I'd just like to quote a little interaction that took place on the radio today—on Radio Live—where one very distinguished New Zealand economist Shamubeel Eaqub was speaking, in fact, with the leader of the ACT Party. And during the leader of the ACT Party's continual accusations that somehow this Government was responsible for inflation, Mr Eaqub shook his head during most of Mr Seymour's speech, saying it made him angry to listen to, calling it "economically illiterate": "It is not Government spending that is driving inflation. We had the UK hit 9 percent inflation yesterday because there is a global inflation crisis. Yes, we should talk about inflation, yes, we should talk about Government spending but you can't just tell lies about what's going on in the economy. [The] whole thing that… is wasteful Government spending that is causing inflation is simply not true. If you're ACT you can say there are parts of the spending that we don't like, and we wouldn't do that because it doesn't add value, it's not efficient. That's fine. But don't do it on the basis of what I think we completely wrong to things to say," Eaqub said to Newshub. 