Hon IAIN LEES-GALLOWAY: Well, when we came to Government, unemployment was 4.7 percent; it is now 4 percent. I can also tell the House that the underutilisation rate has fallen to 10 percent, the lowest in a decade, and wages are rising at the fastest rate in a decade, at 3.6 percent—that's well above the rate of inflation. All of this puts New Zealanders in an excellent position to weather the economic effects of COVID-19.