I want to acknowledge the constructive approach our select committee took and, in particular, I want to acknowledge Eugenie Sage, the chair of the committee, and Rachel Brooking from the Labour Party. It is an unusual situation when National and Labour work so closely on the development of something, but I think that it has meant that concessions on both sides have made this a more enduring piece of legislation. But I do want to put this on the record of the House, particularly following the contribution from Minister Parker: the truth is that Labour had an approach to housing that today, as we stand here, has failed. They promised 100,000 KiwiBuild houses; they have not and will never deliver them. They said that removing interest deductibility from landlords would somehow improve things; all we have seen since then is further house price appreciation. They added a maximum sustainable employment goal to our monetary policy, and subsequently we have seen extraordinary house price inflation.