The issue is we are now in an inflationary environment, at 6.9 percent, when the Reserve Bank had meant to keep it between 1 and 3 percent. This Government is spending like there is no tomorrow, and what is even more concerning is the New Zealand Institute of Economic Research in June said—and I quote—"signs that long-term inflation pressures are becoming unanchored". For those at home, what that means is inflation is not going to magically disappear. Inflation is not a spike, as the Minister continues to say in this House. 