Now, the Minister, on behalf of the Minister of Revenue, talked about the benefits to existing housing supply, and I've already rejected and refuted that, but he then went on to talk about the exemption on new housing supply being a benefit in terms of how many houses are going to be built. Well, were that the case, I would applaud it. Even if it is on this policy, the Minister of Commerce and Consumer Affairs has, through the Credit Contracts and Consumer Finance Act legislation, made it so hard now for people to actually get finance to buy new houses that he's actually offsetting any benefit that might have accrued from that. I had a call from a developer in Dunedin, in that Minister's home city, who is trying to build a 24-apartment block—the only new properties in the city that will qualify for the housing supports threshold—and he can't get anybody to sign up, because new-home buyers, first-home buyers are having so much difficulty in obtaining mortgage finance. And there's nothing here in benefit if that Minister doesn't get off his butt and fix the problem he created last year through the punitive regulations that were designed to stop loan sharks but that have actually slowed down sensible lending to first-home buyers.