The second thing that I would note is that the OECD, through its labour, work, and social services directorate, does recommend—and the Government has taken this advice on board—that the most effective, functional, productive, and equitable labour markets do tend to have a degree of sector-based bargaining within them. And again, I point the member and also Mr Goldsmith to the very clear international evidence that New Zealand, with its highly deregulated labour market over the past 30 years, has, in fact, had a lower rate of labour productivity than most economies who have sector-based bargaining, including Australia. Mr Goldsmith's speech could have been a speech given by a National Party backbencher in this Chamber back in 1991 when they brought the Employment Contracts Act to this House and promised that going down that track would lift our productivity, would lift our competitiveness within the world, and none of it happened. We went in the other direction, in fact.