Hon STUART NASH: In 2019, Deloitte Access Economics estimated that the New Zealand space sector generated revenue of $1.75 billion, of which $495 million represented returns to labour. The report found that the sector supported 5,000 fulltime-equivalent (FTE) roles across all space subsectors. The space sector also indirectly supported approximately 7,000 FTE positions in industries that provide services to the space sector. The space industry is knowledge intensive and dominated by high-skill jobs. Globally, the space sector has among the highest levels of returns to labour of any sector, and today's signing is a further positive development for high-wage jobs in New Zealand.