Hon CHRIS HIPKINS (Leader of the House) on behalf of the Acting Prime Minister: In answer to the first part of the question, the Government has been clear that New Zealand's economy is facing an extremely tough time as global inflation pressures caused by the war in Ukraine, the Omicron outbreak, and COVID-19 supply chain disruptions push up prices around the globe and here in New Zealand. OECD inflation is averaging 9.2 percent to April, and that is having an impact here in New Zealand. In answer to the second part of the question, yes. Households are facing an extremely tough time due to the impact of these global inflationary pressures. That's why the Government will continue to support young New Zealanders through targeted policies like the cost of living payment, half-price public transport, $25 increase a week to student allowances, and a reduction in fuel excise duty whilst we continue to invest in infrastructure, education, and health services that young New Zealanders rely on. As we covered in the House last week, in the midst of tough economic times globally, we are well placed. Unemployment is at record lows, and we are in a strong financial position. The easing of border restrictions and opening up to skilled workers and tourists will also help businesses and the economy rebuild.