As I said, the National Party welcomes a publicly observed Matariki holiday. We oppose imposing a potentially $450 million burden on our businesses, and particularly on our small businesses. Many small business submitters expressed their concern about the cost an additional public holiday might present to businesses that are already facing increased minimum wage, additional sick leave, and the ongoing effects of COVID-19. New Zealand is a nation of small and micro businesses, including the self-employed. There are approximately 530,000 small businesses in New Zealand, representing 97 percent of all firms. They account for almost one-third of all employment and contribute over one-quarter of New Zealand's gross domestic product.