First, I want to talk about the new Policy Targets Agreement, amending the inflation target from 0 to 2 percent to 0 to 3 percent, signed last month. And secondly, I want to talk about the expectations which we New Zealanders have about both inflation and economic growth. In some important respects, I believe that those expectations are quite unrealistic.
For example: “remuneration for building plot development” would bring RSD 13.8 billion versus “income tax” which would bring RSD 2.7 billion into the state coffers so the state needs to amend its laws and local government bodies to specify a different source of income as their main source of revenue;  3.