GEORGINA BEYER (Labour-Wairarapa): I would like to take a brief call on the Reserve Bank of New Zealand Amendment Bill’s second reading and just mention, because it is important, that this bill does improve the Reserve Bank’s ability to carry out its functions in both monetary policy and banking supervision areas. The bill does not alter the objective of monetary policy, which remains the promotion of price stability. The third point is that the changes will strengthen the board’s role in monitoring the performance of the Governor of the Reserve Bank and further enhance the Reserve Bank’s accountability and independence. I support the bill.