So National, firstly, oppose the limit on interest deductibility which is included as part of this bill. We know that this is basically stopping the ability for a business to legitimately claim a business expense. This is at the heart of taxation: that where a business incurs revenue, it should be able to offset that revenue with expenses—and, in effect, this will limit the ability to do that. The limitation of interest deductibility applies specifically for residential investment properties, and, as we've heard previously, that will impact a number of middle-income Kiwis, mum and dad investors, that are, in effect, claiming less than $30,000 of interest per annum. This has sort of been bandied around as these significant, big investors that will be impacted, but the reality is this will impact a number of middle-income New Zealanders, and that is why National are opposed to this. 