Hon GRANT ROBERTSON: The rural economy continues to be strong. According to the latest Rural Economic Note, though, ASB has trimmed its milk price forecast for the 2019-20 season by 10c to $7.40 per kilo. They are clear that the disruptions from the coronavirus—COVID-19—outbreak have driven dairy auction prices slightly lower. However, the price fall was in line with expectations. What this does demonstrate is that the New Zealand economy is not immune to the impacts of global economic developments such as COVID-19, but we are well positioned to manage them. 