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Hello everyone.  Thank you so much for having me along again this year.

I note that the theme for this year’s event here in picturesque Queenstown is “Adventures in property.” 

Managing the economy has been a bit of an adventure for the Government, a worldwide recession, natural disasters and the tragedy at Pike River have provided unprecedented challenges for  the Government. There have been financial ups and downs in all areas of the economy, which have had their impact on property as you are all too aware.

When I asked Helen Gatonyi who I should acknowledge today she specifically asked that I acknowledge each and every one of you.

Good morning. Thank you for inviting me to speak to you today.  It's a pleasure to address your annual conference and to update you on the Government's social housing reform programme.