Today, the Treasury confirmed that next year inflation is going to keep pumping hard. It's going to be at 5.2 percent. Then the year after that, in 2024, are we going to see it come back then? No. It's going to be at 3.6 percent. So what does that mean for hard-working New Zealanders? It means under Labour, every dollar buys them less. It means that their wages will not go as far. It means that their household budgets will be going backwards.