HELEN WHITE (Labour): Far from being a dictatorial bill, this is one that's very modernised. You can see it in many indicators in the Reserve Bank of New Zealand Bill, one of which is, of course, the movement from a single person to a board. It's a very different approach which actually balances the independence of the Reserve Bank of New Zealand with the actual true and important role of the Minister. In this, you have a bill that's modernised in its approach in several significant ways. The first is that it is absolutely a response to the lessons learnt by past mistakes. It will provide a board structure from a single decision maker. It will add an overarching objective that is financial stability, and actually talk to values and politics and put them in the right places. It will provide a remit to the Minister as to what is required when setting and implementing a strategy to meet that objective. That is hardly dictatorial. It will support the structure by redirecting operational independence. It balances it by accountability. Thank you.