Hon IAIN LEES-GALLOWAY: Well, New Zealanders and businesses are facing unprecedented financial pressures as a result of COVID-19, and this Government is taking practical steps to strike a balance between supporting levy payers throughout these difficult times and ensuring scheme stability. The economic outlook for the next two years is uncertain, so holding levy rates is a prudent decision, provides some certainty to businesses and other levy payers, and gives ACC more time to reliably assess the impact of COVID-19 on its finances. During the global financial crisis, the Government of the day increased levies only to find that they were too high in the following years. We are taking a cautious approach and ensuring we do not add unnecessary pressures on businesses and New Zealanders.