Hon STUART NASH: The fund is based on feedback from the events sector. They told us that they were nearing or had entered the risk window for decisions about whether to proceed with their event or cancel or postpone. This fund will give big summer festivals financial certainty to proceed. Large events are a key driver for economic and regional development, providing jobs and economic activity. But, to be blunt, it's been a tough year. New Zealanders deserve a good summer and this Government is committed to ensuring large-scale events and festivals can be part of this.