Every year for months we have budget cycles and, of course, this Legislature and the Members are involved in the budgeting process and if there was a unanimous decision on the other side of the House to say we want to raise taxes here, there or wherever, of course that would have a bearing. But the reality is two things, that they are fully involved and we have listened to the debate and concerns around the North and we’ve been through this House year after year with budgets and we have been holding the line to not add a burden on our businesses or on our residents and we are continuing with that. There has been nothing in this House that would give us pause to change that, other than the Member standing up saying he wants taxes raised on industry, on resource rent.

After devolution we are going to inherit a royalty regime and we’re going to look at it very carefully, but we are going to be very measured, thoughtful and thorough about how we implement devolution. There is going to be no rush to any kind of kneejerk reaction as it comes to any type of change to the royalty regime until we are very well settled and have a good look at that whole issue. Thank you.