This year will go down in history as a very steady one for New Zealand as the recovery from the Global Financial Crisis was bedded in, and the rural sector reinforced itself as the powerhouse of the economy.
It's clear that many of the National-led Government's policies are starting to have a very positive effect and some key initiatives are starting to make a real difference to people's lives.
Statistics New Zealand has recently confirmed that New Zealand's terms of trade are at their highest levels since 1973, which is the year that Britain joined the European Union.
These latest terms of trade reflect the fact that the prices we are receiving for the goods we export are rising at a higher rate than the prices we are paying for the goods we import.
Much of our success on the international stage can be attributed to the great efforts of this Government through Trade Minister Tim Grocer and the Prime Minister. They have travelled the globe negotiating free trade agreements and promoting New Zealand, our environment and the great record we have with respect to food safety. The latter is critical to us as we continue to grow our export food markets.