... This This programme This programme is This programme is live This programme is live captioned This programme is live captioned by This programme is live captioned by Red This programme is live captioned by Red Bee This programme is live captioned by Red Bee Media Red Bee Media for Red Bee Media for the Red Bee Media for the Office Red Bee Media for the Office of Red Bee Media for the Office of the Red Bee Media for the Office of the Clerk for the Office of the Clerk of for the Office of the Clerk of the for the Office of the Clerk of the House for the Office of the Clerk of the House of for the Office of the Clerk of the House of Representatives. Mr Mr Speaker. Almighty Almighty God, Almighty God, we Almighty God, we give Almighty God, we give thanks Almighty God, we give thanks for Almighty God, we give thanks for the Almighty God, we give thanks for the blessings we give thanks for the blessings which we give thanks for the blessings which have we give thanks for the blessings which have been we give thanks for the blessings which have been bestowed we give thanks for the blessings which have been bestowed on we give thanks for the blessings which have been bestowed on us. which have been bestowed on us. Laying which have been bestowed on us. Laying aside which have been bestowed on us. Laying aside all which have been bestowed on us. Laying aside all personal which have been bestowed on us. Laying aside all personal interests, Laying aside all personal interests, we Laying aside all personal interests, we acknowledge Laying aside all personal interests, we acknowledge the Laying aside all personal interests, we acknowledge the Queen we acknowledge the Queen and we acknowledge the Queen and pray we acknowledge the Queen and pray for we acknowledge the Queen and pray for guidance and pray for guidance in and pray for guidance in our and pray for guidance in our deliberations, in our deliberations, that in our deliberations, that we in our deliberations, that we may in our deliberations, that we may conduct that we may conduct the that we may conduct the affairs that we may conduct the affairs of that we may conduct the affairs of this that we may conduct the affairs of this House the affairs of this House with the affairs of this House with wisdom, the affairs of this House with wisdom, justice, the affairs of this House with wisdom, justice, mercy, with wisdom, justice, mercy, and with wisdom, justice, mercy, and humility and humility for and humility for the and humility for the welfare and humility for the welfare and and humility for the welfare and peace for the welfare and peace of for the welfare and peace of New for the welfare and peace of New Zealand. for the welfare and peace of New Zealand. Amen. The The Hon The Hon Meka The Hon Meka Whaitiri. I I seek I seek leave I seek leave to I seek leave to move I seek leave to move a I seek leave to move a motion I seek leave to move a motion without I seek leave to move a motion without notice I seek leave to move a motion without notice or I seek leave to move a motion without notice or debate I seek leave to move a motion without notice or debate to I seek leave to move a motion without notice or debate to note without notice or debate to note the without notice or debate to note the 75th without notice or debate to note the 75th anniversary without notice or debate to note the 75th anniversary of without notice or debate to note the 75th anniversary of the without notice or debate to note the 75th anniversary of the arrival the 75th anniversary of the arrival of the 75th anniversary of the arrival of J-Force the 75th anniversary of the arrival of J-Force in the 75th anniversary of the arrival of J-Force in Japan. of J-Force in Japan. Leave of J-Force in Japan. Leave is of J-Force in Japan. Leave is sought of J-Force in Japan. Leave is sought for Leave is sought for that Leave is sought for that course Leave is sought for that course of Leave is sought for that course of action. that course of action. Is that course of action. Is there that course of action. Is there any that course of action. Is there any objection? Is there any objection? There Is there any objection? There is Is there any objection? There is none. There is none. I There is none. I move, There is none. I move, that There is none. I move, that the There is none. I move, that the House There is none. I move, that the House note I move, that the House note the I move, that the House note the national I move, that the House note the national commemoration the national commemoration on the national commemoration on Friday, the national commemoration on Friday, 19 the national commemoration on Friday, 19 March the national commemoration on Friday, 19 March that the national commemoration on Friday, 19 March that marked on Friday, 19 March that marked the on Friday, 19 March that marked the 75th on Friday, 19 March that marked the 75th anniversary on Friday, 19 March that marked the 75th anniversary of on Friday, 19 March that marked the 75th anniversary of the on Friday, 19 March that marked the 75th anniversary of the arrival the 75th anniversary of the arrival of the 75th anniversary of the arrival of J-Force the 75th anniversary of the arrival of J-Force in the 75th anniversary of the arrival of J-Force in Japan, of J-Force in Japan, and of J-Force in Japan, and honour of J-Force in Japan, and honour the of J-Force in Japan, and honour the contribution and honour the contribution of and honour the contribution of the and honour the contribution of the more and honour the contribution of the more than and honour the contribution of the more than 12,000 of the more than 12,000 New of the more than 12,000 New Zealanders of the more than 12,000 New Zealanders who of the more than 12,000 New Zealanders who took of the more than 12,000 New Zealanders who took part New Zealanders who took part in New Zealanders who took part in the New Zealanders who took part in the post-war New Zealanders who took part in the post-war occupation New Zealanders who took part in the post-war occupation of New Zealanders who took part in the post-war occupation of Japan in the post-war occupation of Japan between in the post-war occupation of Japan between 1946 in the post-war occupation of Japan between 1946 and in the post-war occupation of Japan between 1946 and 1949, between 1946 and 1949, including between 1946 and 1949, including the between 1946 and 1949, including the 15 between 1946 and 1949, including the 15 who between 1946 and 1949, including the 15 who died including the 15 who died while including the 15 who died while serving including the 15 who died while serving in including the 15 who died while serving in the including the 15 who died while serving in the country. while serving in the country. The while serving in the country. The Question while serving in the country. The Question is, while serving in the country. The Question is, that The Question is, that the The Question is, that the motion The Question is, that the motion be The Question is, that the motion be agreed The Question is, that the motion be agreed to. The Ayes Ayes have Ayes have it. Ayes have it. Member, Ayes have it. Member, yesterday Ayes have it. Member, yesterday the Ayes have it. Member, yesterday the House Ayes have it. Member, yesterday the House accorded Ayes have it. Member, yesterday the House accorded urgency Ayes have it. Member, yesterday the House accorded urgency to Ayes have it. Member, yesterday the House accorded urgency to passing House accorded urgency to passing the House accorded urgency to passing the remaining House accorded urgency to passing the remaining stages House accorded urgency to passing the remaining stages of House accorded urgency to passing the remaining stages of the House accorded urgency to passing the remaining stages of the bill. the remaining stages of the bill. The the remaining stages of the bill. The honourable the remaining stages of the bill. The honourable member the remaining stages of the bill. The honourable member Michael The honourable member Michael Woodhouse The honourable member Michael Woodhouse moved The honourable member Michael Woodhouse moved a The honourable member Michael Woodhouse moved a motion The honourable member Michael Woodhouse moved a motion to Woodhouse moved a motion to discharge Woodhouse moved a motion to discharge the Woodhouse moved a motion to discharge the order Woodhouse moved a motion to discharge the order of Woodhouse moved a motion to discharge the order of the Woodhouse moved a motion to discharge the order of the day Woodhouse moved a motion to discharge the order of the day to discharge the order of the day to the discharge the order of the day to the committee discharge the order of the day to the committee stage discharge the order of the day to the committee stage of discharge the order of the day to the committee stage of the discharge the order of the day to the committee stage of the bill discharge the order of the day to the committee stage of the bill and the committee stage of the bill and to the committee stage of the bill and to refer the committee stage of the bill and to refer it the committee stage of the bill and to refer it to the committee stage of the bill and to refer it to select the committee stage of the bill and to refer it to select committee. the committee stage of the bill and to refer it to select committee. The to refer it to select committee. The question to refer it to select committee. The question was to refer it to select committee. The question was put to refer it to select committee. The question was put and to refer it to select committee. The question was put and the to refer it to select committee. The question was put and the party to refer it to select committee. The question was put and the party vote question was put and the party vote held. question was put and the party vote held. The question was put and the party vote held. The motion question was put and the party vote held. The motion was question was put and the party vote held. The motion was defeated. question was put and the party vote held. The motion was defeated. I held. The motion was defeated. I should held. The motion was defeated. I should not held. The motion was defeated. I should not have held. The motion was defeated. I should not have put held. The motion was defeated. I should not have put the held. The motion was defeated. I should not have put the question. should not have put the question. Once should not have put the question. Once the should not have put the question. Once the House should not have put the question. Once the House has should not have put the question. Once the House has agreed should not have put the question. Once the House has agreed to should not have put the question. Once the House has agreed to pass should not have put the question. Once the House has agreed to pass a Once the House has agreed to pass a bill Once the House has agreed to pass a bill under Once the House has agreed to pass a bill under urgency, Once the House has agreed to pass a bill under urgency, a Once the House has agreed to pass a bill under urgency, a motion Once the House has agreed to pass a bill under urgency, a motion to bill under urgency, a motion to discharge bill under urgency, a motion to discharge the bill under urgency, a motion to discharge the bill bill under urgency, a motion to discharge the bill and bill under urgency, a motion to discharge the bill and refer bill under urgency, a motion to discharge the bill and refer it bill under urgency, a motion to discharge the bill and refer it to bill under urgency, a motion to discharge the bill and refer it to a discharge the bill and refer it to a select discharge the bill and refer it to a select committee discharge the bill and refer it to a select committee is discharge the bill and refer it to a select committee is not discharge the bill and refer it to a select committee is not in discharge the bill and refer it to a select committee is not in order. discharge the bill and refer it to a select committee is not in order. It select committee is not in order. It is select committee is not in order. It is inconsistent select committee is not in order. It is inconsistent with select committee is not in order. It is inconsistent with that select committee is not in order. It is inconsistent with that decision. is inconsistent with that decision. I is inconsistent with that decision. I refer is inconsistent with that decision. I refer members is inconsistent with that decision. I refer members to is inconsistent with that decision. I refer members to page is inconsistent with that decision. I refer members to page 199 is inconsistent with that decision. I refer members to page 199 of is inconsistent with that decision. I refer members to page 199 of McGee I refer members to page 199 of McGee and I refer members to page 199 of McGee and to I refer members to page 199 of McGee and to page I refer members to page 199 of McGee and to page 19128 I refer members to page 199 of McGee and to page 19128 volume I refer members to page 199 of McGee and to page 19128 volume 508 I refer members to page 199 of McGee and to page 19128 volume 508 of and to page 19128 volume 508 of Hansard, and to page 19128 volume 508 of Hansard, where and to page 19128 volume 508 of Hansard, where Speaker and to page 19128 volume 508 of Hansard, where Speaker Kidd and to page 19128 volume 508 of Hansard, where Speaker Kidd made and to page 19128 volume 508 of Hansard, where Speaker Kidd made the Hansard, where Speaker Kidd made the ruling Hansard, where Speaker Kidd made the ruling on Hansard, where Speaker Kidd made the ruling on this Hansard, where Speaker Kidd made the ruling on this matter. Hansard, where Speaker Kidd made the ruling on this matter. I Hansard, where Speaker Kidd made the ruling on this matter. I apologise ruling on this matter. I apologise to ruling on this matter. I apologise to the ruling on this matter. I apologise to the House ruling on this matter. I apologise to the House for ruling on this matter. I apologise to the House for my ruling on this matter. I apologise to the House for my error. A A petition A petition has A petition has been A petition has been delivered A petition has been delivered for A petition has been delivered for presentation. for presentation. Petition for presentation. Petition of for presentation. Petition of Sue for presentation. Petition of Sue Haldane for presentation. Petition of Sue Haldane for for presentation. Petition of Sue Haldane for Rare Petition of Sue Haldane for Rare Disorders Petition of Sue Haldane for Rare Disorders NZ Petition of Sue Haldane for Rare Disorders NZ requesting Petition of Sue Haldane for Rare Disorders NZ requesting that Petition of Sue Haldane for Rare Disorders NZ requesting that the Disorders NZ requesting that the House Disorders NZ requesting that the House urge Disorders NZ requesting that the House urge the Disorders NZ requesting that the House urge the Government Disorders NZ requesting that the House urge the Government to House urge the Government to acknowledge House urge the Government to acknowledge the House urge the Government to acknowledge the universal House urge the Government to acknowledge the universal challenges acknowledge the universal challenges faced acknowledge the universal challenges faced by acknowledge the universal challenges faced by people acknowledge the universal challenges faced by people living acknowledge the universal challenges faced by people living with acknowledge the universal challenges faced by people living with a acknowledge the universal challenges faced by people living with a rare faced by people living with a rare disease, faced by people living with a rare disease, and faced by people living with a rare disease, and the faced by people living with a rare disease, and the unfairness faced by people living with a rare disease, and the unfairness within disease, and the unfairness within the disease, and the unfairness within the current disease, and the unfairness within the current system, disease, and the unfairness within the current system, by disease, and the unfairness within the current system, by committing disease, and the unfairness within the current system, by committing to the current system, by committing to the the current system, by committing to the development the current system, by committing to the development of the current system, by committing to the development of a the current system, by committing to the development of a New the current system, by committing to the development of a New Zealand the development of a New Zealand National the development of a New Zealand National Rare the development of a New Zealand National Rare Disorder the development of a New Zealand National Rare Disorder Framework. National Rare Disorder Framework. That National Rare Disorder Framework. That petition National Rare Disorder Framework. That petition stands National Rare Disorder Framework. That petition stands referred That petition stands referred to That petition stands referred to a That petition stands referred to a select That petition stands referred to a select committee A A paper A paper has A paper has been A paper has been delivered. Crown Crown Infrastructure Crown Infrastructure Partners, Crown Infrastructure Partners, Amendment Crown Infrastructure Partners, Amendment to Crown Infrastructure Partners, Amendment to the Crown Infrastructure Partners, Amendment to the Statement Amendment to the Statement of Amendment to the Statement of Performance Amendment to the Statement of Performance Expectations Amendment to the Statement of Performance Expectations for Amendment to the Statement of Performance Expectations for 1 of Performance Expectations for 1 July of Performance Expectations for 1 July 2020 of Performance Expectations for 1 July 2020 to of Performance Expectations for 1 July 2020 to 30 of Performance Expectations for 1 July 2020 to 30 June of Performance Expectations for 1 July 2020 to 30 June 2021. July 2020 to 30 June 2021. That That paper paper is paper is published paper is published under is published under the is published under the authority is published under the authority of is published under the authority of the is published under the authority of the House. the authority of the House. Ministers the authority of the House. Ministers have the authority of the House. Ministers have delivered the authority of the House. Ministers have delivered papers. Select Select committee Select committee reports Select committee reports have Select committee reports have been Select committee reports have been delivered Select committee reports have been delivered for Select committee reports have been delivered for presentation. delivered for presentation. Reports delivered for presentation. Reports of delivered for presentation. Reports of the delivered for presentation. Reports of the Health delivered for presentation. Reports of the Health Committee Reports of the Health Committee on Reports of the Health Committee on the Reports of the Health Committee on the 2019/20 Reports of the Health Committee on the 2019/20 Annual Reports of the Health Committee on the 2019/20 Annual review on the 2019/20 Annual review of on the 2019/20 Annual review of Tc on the 2019/20 Annual review of Tc Aho on the 2019/20 Annual review of Tc Aho o on the 2019/20 Annual review of Tc Aho o Te on the 2019/20 Annual review of Tc Aho o Te Kahu on the 2019/20 Annual review of Tc Aho o Te Kahu - of Tc Aho o Te Kahu - Cancer of Tc Aho o Te Kahu - Cancer Control of Tc Aho o Te Kahu - Cancer Control Agency. Cancer Control Agency. of Cancer Control Agency. of the Cancer Control Agency. of the Pharmaceutical Cancer Control Agency. of the Pharmaceutical Management of the Pharmaceutical Management 2019/20 of the Pharmaceutical Management 2019/20 Annual of the Pharmaceutical Management 2019/20 Annual review 2019/20 Annual review of 2019/20 Annual review of the 2019/20 Annual review of the W of the W Board. Board. 2019/20 Board. 2019/20 Annual Board. 2019/20 Annual reviews 2019/20 Annual reviews of 2019/20 Annual reviews of the 2019/20 Annual reviews of the Capital 2019/20 Annual reviews of the Capital and 2019/20 Annual reviews of the Capital and Coast 2019/20 Annual reviews of the Capital and Coast District of the Capital and Coast District Health of the Capital and Coast District Health Board of the Capital and Coast District Health Board and of the Capital and Coast District Health Board and the of the Capital and Coast District Health Board and the Hutt of the Capital and Coast District Health Board and the Hutt Valley Health Board and the Hutt Valley District Health Board and the Hutt Valley District Health Health Board and the Hutt Valley District Health Board. District Health Board. Reports District Health Board. Reports of District Health Board. Reports of the District Health Board. Reports of the Social District Health Board. Reports of the Social Services Reports of the Social Services and Reports of the Social Services and Community Reports of the Social Services and Community Committee and Community Committee on and Community Committee on the and Community Committee on the 2019/20 and Community Committee on the 2019/20 Annual on the 2019/20 Annual reviews on the 2019/20 Annual reviews of on the 2019/20 Annual reviews of the on the 2019/20 Annual reviews of the Arts on the 2019/20 Annual reviews of the Arts Council reviews of the Arts Council of reviews of the Arts Council of New reviews of the Arts Council of New Zealand reviews of the Arts Council of New Zealand Toi reviews of the Arts Council of New Zealand Toi Aotearoa, of New Zealand Toi Aotearoa, Broadcasting of New Zealand Toi Aotearoa, Broadcasting Commission, Broadcasting Commission, Drug Broadcasting Commission, Drug Frec Broadcasting Commission, Drug Frec Sport Broadcasting Commission, Drug Frec Sport NZ Broadcasting Commission, Drug Frec Sport NZ and Drug Frec Sport NZ and Heritage Drug Frec Sport NZ and Heritage New Drug Frec Sport NZ and Heritage New Zealand Drug Frec Sport NZ and Heritage New Zealand Pouhere Drug Frec Sport NZ and Heritage New Zealand Pouhere Taonga. Heritage New Zealand Pouhere Taonga. 2019/20 Heritage New Zealand Pouhere Taonga. 2019/20 Annual Heritage New Zealand Pouhere Taonga. 2019/20 Annual reviews 2019/20 Annual reviews of 2019/20 Annual reviews of the 2019/20 Annual reviews of the Ministry 2019/20 Annual reviews of the Ministry for 2019/20 Annual reviews of the Ministry for Pacific 2019/20 Annual reviews of the Ministry for Pacific Peoples, of the Ministry for Pacific Peoples, Ministry of the Ministry for Pacific Peoples, Ministry for of the Ministry for Pacific Peoples, Ministry for Women of the Ministry for Pacific Peoples, Ministry for Women & of the Ministry for Pacific Peoples, Ministry for Women & NZ Ministry for Women & NZ Artificial Ministry for Women & NZ Artificial Limb Ministry for Women & NZ Artificial Limb Service. Artificial Limb Service. 2019/20 Artificial Limb Service. 2019/20 Annual Artificial Limb Service. 2019/20 Annual reviews 2019/20 Annual reviews of 2019/20 Annual reviews of the 2019/20 Annual reviews of the New 2019/20 Annual reviews of the New Zealand 2019/20 Annual reviews of the New Zealand Film 2019/20 Annual reviews of the New Zealand Film Commission of the New Zealand Film Commission and of the New Zealand Film Commission and the of the New Zealand Film Commission and the New of the New Zealand Film Commission and the New Zealand and the New Zealand Lotteries and the New Zealand Lotteries Commission. Lotteries Commission. Reports Lotteries Commission. Reports of Lotteries Commission. Reports of the Lotteries Commission. Reports of the Transport Reports of the Transport and Reports of the Transport and Infrastructure Reports of the Transport and Infrastructure Committee and Infrastructure Committee on and Infrastructure Committee on the and Infrastructure Committee on the 2019/20 and Infrastructure Committee on the 2019/20 annual and Infrastructure Committee on the 2019/20 annual review on the 2019/20 annual review of on the 2019/20 annual review of Air on the 2019/20 annual review of Air New on the 2019/20 annual review of Air New Zealand on the 2019/20 annual review of Air New Zealand Limited. of Air New Zealand Limited. the the Airways the Airways Corporation the Airways Corporation of the Airways Corporation of New the Airways Corporation of New Zealand Airways Corporation of New Zealand Limited. Limited. 2019/20 Limited. 2019/20 Annual Limited. 2019/20 Annual review Limited. 2019/20 Annual review of 2019/20 Annual review of the 2019/20 Annual review of the Civil 2019/20 Annual review of the Civil Aviation 2019/20 Annual review of the Civil Aviation Authority 2019/20 Annual review of the Civil Aviation Authority ofNew the Civil Aviation Authority ofNew Zealand. Zealand. 2019/20 Zealand. 2019/20 Annual Zealand. 2019/20 Annual reviews 2019/20 Annual reviews of 2019/20 Annual reviews of City 2019/20 Annual reviews of City Rail 2019/20 Annual reviews of City Rail Link 2019/20 Annual reviews of City Rail Link Limited, of City Rail Link Limited, Maritime of City Rail Link Limited, Maritime New of City Rail Link Limited, Maritime New Zealand, Maritime New Zealand, Meteorological Maritime New Zealand, Meteorological Service And the the Transport the Transport Accident the Transport Accident Investigation the Transport Accident Investigation Commission. The The Clerk The Clerk has The Clerk has been The Clerk has been informed The Clerk has been informed of The Clerk has been informed of the The Clerk has been informed of the introduction The Clerk has been informed of the introduction of The Clerk has been informed of the introduction of bills. of the introduction of bills. Ngati of the introduction of bills. Ngati Rangitihi of the introduction of bills. Ngati Rangitihi Claims of the introduction of bills. Ngati Rangitihi Claims Settlement Ngati Rangitihi Claims Settlement Bill, Ngati Rangitihi Claims Settlement Bill, introduction. Bill, introduction. Social Bill, introduction. Social Security Bill, introduction. Social Security (Subsequent Bill, introduction. Social Security (Subsequent Child Social Security (Subsequent Child Policy Social Security (Subsequent Child Policy Removal) Social Security (Subsequent Child Policy Removal) Amendment Social Security (Subsequent Child Policy Removal) Amendment Bill, Policy Removal) Amendment Bill, introduction. introduction. Those introduction. Those bills introduction. Those bills are introduction. Those bills are set introduction. Those bills are set down Those bills are set down for Those bills are set down for first Those bills are set down for first reading. for first reading. The for first reading. The House for first reading. The House comes for first reading. The House comes to for first reading. The House comes to Oral for first reading. The House comes to Oral Questions. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Finance: My question is to the Minister of Finance: What My question is to the Minister of Finance: What reactions My question is to the Minister of Finance: What reactions has My question is to the Minister of Finance: What reactions has he My question is to the Minister of Finance: What reactions has he seen Finance: What reactions has he seen to Finance: What reactions has he seen to his Finance: What reactions has he seen to his announcement Finance: What reactions has he seen to his announcement yesterday Finance: What reactions has he seen to his announcement yesterday of Finance: What reactions has he seen to his announcement yesterday of the to his announcement yesterday of the Government's to his announcement yesterday of the Government's housing to his announcement yesterday of the Government's housing package to his announcement yesterday of the Government's housing package to to his announcement yesterday of the Government's housing package to back Government's housing package to back first-home Government's housing package to back first-home buyers? <INTERRUPTION> <INTERRUPTION> Those <INTERRUPTION> Those of <INTERRUPTION> Those of a <INTERRUPTION> Those of a positive <INTERRUPTION> Those of a positive mindset <INTERRUPTION> Those of a positive mindset have Those of a positive mindset have seen Those of a positive mindset have seen the Those of a positive mindset have seen the positive Those of a positive mindset have seen the positive aspects Those of a positive mindset have seen the positive aspects of Those of a positive mindset have seen the positive aspects of the seen the positive aspects of the package seen the positive aspects of the package and seen the positive aspects of the package and those seen the positive aspects of the package and those with seen the positive aspects of the package and those with a seen the positive aspects of the package and those with a negative package and those with a negative mindset package and those with a negative mindset are package and those with a negative mindset are yet package and those with a negative mindset are yet to package and those with a negative mindset are yet to see package and those with a negative mindset are yet to see the mindset are yet to see the opportunities mindset are yet to see the opportunities presented. opportunities presented. <INTERRUPTION> <INTERRUPTION> . <INTERRUPTION> . The <INTERRUPTION> . The NZIER <INTERRUPTION> . The NZIER says <INTERRUPTION> . The NZIER says the <INTERRUPTION> . The NZIER says the announcement <INTERRUPTION> . The NZIER says the announcement is . The NZIER says the announcement is a . The NZIER says the announcement is a positive . The NZIER says the announcement is a positive move, . The NZIER says the announcement is a positive move, add . The NZIER says the announcement is a positive move, add thank . The NZIER says the announcement is a positive move, add thank the a positive move, add thank the Government a positive move, add thank the Government is a positive move, add thank the Government is addressing a positive move, add thank the Government is addressing the a positive move, add thank the Government is addressing the rate a positive move, add thank the Government is addressing the rate of Government is addressing the rate of returns Government is addressing the rate of returns side Government is addressing the rate of returns side of Government is addressing the rate of returns side of the Government is addressing the rate of returns side of the equation Government is addressing the rate of returns side of the equation to returns side of the equation to reduce returns side of the equation to reduce the returns side of the equation to reduce the incentives returns side of the equation to reduce the incentives for returns side of the equation to reduce the incentives for investors. reduce the incentives for investors. Local reduce the incentives for investors. Local Government reduce the incentives for investors. Local Government New reduce the incentives for investors. Local Government New Zealand reduce the incentives for investors. Local Government New Zealand says Local Government New Zealand says the Local Government New Zealand says the announcement Local Government New Zealand says the announcement will Local Government New Zealand says the announcement will be Local Government New Zealand says the announcement will be welcomed Local Government New Zealand says the announcement will be welcomed by the announcement will be welcomed by communities the announcement will be welcomed by communities across the announcement will be welcomed by communities across New the announcement will be welcomed by communities across New Zealand, the announcement will be welcomed by communities across New Zealand, who communities across New Zealand, who have communities across New Zealand, who have been communities across New Zealand, who have been locked communities across New Zealand, who have been locked out communities across New Zealand, who have been locked out of communities across New Zealand, who have been locked out of the communities across New Zealand, who have been locked out of the home have been locked out of the home ownership have been locked out of the home ownership by have been locked out of the home ownership by property have been locked out of the home ownership by property speculators ownership by property speculators taking ownership by property speculators taking advantage ownership by property speculators taking advantage of ownership by property speculators taking advantage of historically ownership by property speculators taking advantage of historically low taking advantage of historically low interest taking advantage of historically low interest rates, taking advantage of historically low interest rates, and taking advantage of historically low interest rates, and noting taking advantage of historically low interest rates, and noting the interest rates, and noting the intervention interest rates, and noting the intervention of interest rates, and noting the intervention of the interest rates, and noting the intervention of the Leader interest rates, and noting the intervention of the Leader of interest rates, and noting the intervention of the Leader of the intervention of the Leader of the Opposition. intervention of the Leader of the Opposition. One intervention of the Leader of the Opposition. One recollection intervention of the Leader of the Opposition. One recollection I Opposition. One recollection I haven't Opposition. One recollection I haven't seen Opposition. One recollection I haven't seen -- Opposition. One recollection I haven't seen -- reaction Opposition. One recollection I haven't seen -- reaction I Opposition. One recollection I haven't seen -- reaction I haven't haven't seen -- reaction I haven't seen haven't seen -- reaction I haven't seen is haven't seen -- reaction I haven't seen is a haven't seen -- reaction I haven't seen is a press haven't seen -- reaction I haven't seen is a press release haven't seen -- reaction I haven't seen is a press release from haven't seen -- reaction I haven't seen is a press release from the seen is a press release from the National seen is a press release from the National Party seen is a press release from the National Party who seen is a press release from the National Party who couldn't seen is a press release from the National Party who couldn't muster National Party who couldn't muster one National Party who couldn't muster one up! National Party who couldn't muster one up! <INTERRUPTION> one up! <INTERRUPTION> What one up! <INTERRUPTION> What other one up! <INTERRUPTION> What other reactions one up! <INTERRUPTION> What other reactions has one up! <INTERRUPTION> What other reactions has he one up! <INTERRUPTION> What other reactions has he seen one up! <INTERRUPTION> What other reactions has he seen to What other reactions has he seen to the What other reactions has he seen to the Government's What other reactions has he seen to the Government's move What other reactions has he seen to the Government's move to What other reactions has he seen to the Government's move to strengthen the Government's move to strengthen the the Government's move to strengthen the economy the Government's move to strengthen the economy by the Government's move to strengthen the economy by encouraging the Government's move to strengthen the economy by encouraging the the economy by encouraging the building the economy by encouraging the building of the economy by encouraging the building of new the economy by encouraging the building of new homes? building of new homes? <INTERRUPTION> <INTERRUPTION> . <INTERRUPTION> . There <INTERRUPTION> . There have <INTERRUPTION> . There have been <INTERRUPTION> . There have been many <INTERRUPTION> . There have been many positive . There have been many positive reactions . There have been many positive reactions to . There have been many positive reactions to our . There have been many positive reactions to our move . There have been many positive reactions to our move to . There have been many positive reactions to our move to encourage reactions to our move to encourage the reactions to our move to encourage the building reactions to our move to encourage the building of reactions to our move to encourage the building of new reactions to our move to encourage the building of new homes. reactions to our move to encourage the building of new homes. The reactions to our move to encourage the building of new homes. The real the building of new homes. The real else the building of new homes. The real else Tate the building of new homes. The real else Tate Innes the building of new homes. The real else Tate Innes tight the building of new homes. The real else Tate Innes tight -- the building of new homes. The real else Tate Innes tight -- real the building of new homes. The real else Tate Innes tight -- real estate else Tate Innes tight -- real estate Innes else Tate Innes tight -- real estate Innes tight else Tate Innes tight -- real estate Innes tight says else Tate Innes tight -- real estate Innes tight says the else Tate Innes tight -- real estate Innes tight says the new else Tate Innes tight -- real estate Innes tight says the new builds else Tate Innes tight -- real estate Innes tight says the new builds that Innes tight says the new builds that isn't Innes tight says the new builds that isn't exempted Innes tight says the new builds that isn't exempted is Innes tight says the new builds that isn't exempted is welcome Innes tight says the new builds that isn't exempted is welcome news Innes tight says the new builds that isn't exempted is welcome news and isn't exempted is welcome news and could isn't exempted is welcome news and could boost isn't exempted is welcome news and could boost the isn't exempted is welcome news and could boost the overall isn't exempted is welcome news and could boost the overall supply isn't exempted is welcome news and could boost the overall supply of could boost the overall supply of housing. could boost the overall supply of housing. Kiwi could boost the overall supply of housing. Kiwi Bank could boost the overall supply of housing. Kiwi Bank says could boost the overall supply of housing. Kiwi Bank says changes could boost the overall supply of housing. Kiwi Bank says changes to housing. Kiwi Bank says changes to the housing. Kiwi Bank says changes to the bright-line housing. Kiwi Bank says changes to the bright-line test housing. Kiwi Bank says changes to the bright-line test is housing. Kiwi Bank says changes to the bright-line test is an the bright-line test is an encouraging the bright-line test is an encouraging move the bright-line test is an encouraging move adding, the bright-line test is an encouraging move adding, "Nudging encouraging move adding, "Nudging investor encouraging move adding, "Nudging investor demand encouraging move adding, "Nudging investor demand into encouraging move adding, "Nudging investor demand into new encouraging move adding, "Nudging investor demand into new billions investor demand into new billions will investor demand into new billions will help investor demand into new billions will help boost investor demand into new billions will help boost supply." investor demand into new billions will help boost supply." In investor demand into new billions will help boost supply." In builds will help boost supply." In builds will will help boost supply." In builds will be will help boost supply." In builds will be exempted will help boost supply." In builds will be exempted from will help boost supply." In builds will be exempted from the will be exempted from the bright-line will be exempted from the bright-line test will be exempted from the bright-line test exemption. will be exempted from the bright-line test exemption. This bright-line test exemption. This will bright-line test exemption. This will help bright-line test exemption. This will help boost bright-line test exemption. This will help boost housing bright-line test exemption. This will help boost housing supply bright-line test exemption. This will help boost housing supply which will help boost housing supply which in will help boost housing supply which in time will help boost housing supply which in time will will help boost housing supply which in time will help will help boost housing supply which in time will help moderate will help boost housing supply which in time will help moderate price in time will help moderate price rises. in time will help moderate price rises. That's in time will help moderate price rises. That's right! in time will help moderate price rises. That's right! What in time will help moderate price rises. That's right! What reactions rises. That's right! What reactions has rises. That's right! What reactions has his rises. That's right! What reactions has his office rises. That's right! What reactions has his office seen rises. That's right! What reactions has his office seen from rises. That's right! What reactions has his office seen from members rises. That's right! What reactions has his office seen from members of has his office seen from members of the has his office seen from members of the public? has his office seen from members of the public? We've has his office seen from members of the public? We've had has his office seen from members of the public? We've had a has his office seen from members of the public? We've had a number has his office seen from members of the public? We've had a number of the public? We've had a number of emails the public? We've had a number of emails thanking the public? We've had a number of emails thanking the the public? We've had a number of emails thanking the government the public? We've had a number of emails thanking the government for emails thanking the government for taking emails thanking the government for taking action emails thanking the government for taking action to emails thanking the government for taking action to address emails thanking the government for taking action to address the emails thanking the government for taking action to address the housing taking action to address the housing crisis. taking action to address the housing crisis. <INTERRUPTION> crisis. <INTERRUPTION> One crisis. <INTERRUPTION> One said, crisis. <INTERRUPTION> One said, "Thank crisis. <INTERRUPTION> One said, "Thank you, crisis. <INTERRUPTION> One said, "Thank you, thank crisis. <INTERRUPTION> One said, "Thank you, thank you, One said, "Thank you, thank you, thank One said, "Thank you, thank you, thank you. One said, "Thank you, thank you, thank you. Finally One said, "Thank you, thank you, thank you. Finally a One said, "Thank you, thank you, thank you. Finally a Government One said, "Thank you, thank you, thank you. Finally a Government who thank you. Finally a Government who is thank you. Finally a Government who is prepared thank you. Finally a Government who is prepared to thank you. Finally a Government who is prepared to tackle thank you. Finally a Government who is prepared to tackle housing." is prepared to tackle housing." Another is prepared to tackle housing." Another said, is prepared to tackle housing." Another said, "I is prepared to tackle housing." Another said, "I think is prepared to tackle housing." Another said, "I think the is prepared to tackle housing." Another said, "I think the extension Another said, "I think the extension of Another said, "I think the extension of the Another said, "I think the extension of the bright-line Another said, "I think the extension of the bright-line test Another said, "I think the extension of the bright-line test and Another said, "I think the extension of the bright-line test and the of the bright-line test and the removal of the bright-line test and the removal of of the bright-line test and the removal of tax of the bright-line test and the removal of tax deductibility of the bright-line test and the removal of tax deductibility of removal of tax deductibility of interest removal of tax deductibility of interest on removal of tax deductibility of interest on mortgages removal of tax deductibility of interest on mortgages from removal of tax deductibility of interest on mortgages from investors interest on mortgages from investors are interest on mortgages from investors are game interest on mortgages from investors are game changer." My My question My question is My question is to My question is to the My question is to the Prime My question is to the Prime Minister: My question is to the Prime Minister: Does My question is to the Prime Minister: Does she My question is to the Prime Minister: Does she stand My question is to the Prime Minister: Does she stand by My question is to the Prime Minister: Does she stand by all My question is to the Prime Minister: Does she stand by all of Minister: Does she stand by all of her Minister: Does she stand by all of her Government's Minister: Does she stand by all of her Government's statements Minister: Does she stand by all of her Government's statements and her Government's statements and actions? Mr Mr Speaker, Mr Speaker, yes. Mr Speaker, yes. Particularly Mr Speaker, yes. Particularly the Mr Speaker, yes. Particularly the Government's Mr Speaker, yes. Particularly the Government's decision Mr Speaker, yes. Particularly the Government's decision to Mr Speaker, yes. Particularly the Government's decision to incentivise Government's decision to incentivise investment Government's decision to incentivise investment into Government's decision to incentivise investment into the Government's decision to incentivise investment into the construction Government's decision to incentivise investment into the construction of investment into the construction of new investment into the construction of new homes investment into the construction of new homes and investment into the construction of new homes and jump investment into the construction of new homes and jump start new homes and jump start developments new homes and jump start developments by new homes and jump start developments by funding new homes and jump start developments by funding the new homes and jump start developments by funding the vital developments by funding the vital infrastructure, developments by funding the vital infrastructure, like developments by funding the vital infrastructure, like pipes developments by funding the vital infrastructure, like pipes and infrastructure, like pipes and transport infrastructure, like pipes and transport links infrastructure, like pipes and transport links needed infrastructure, like pipes and transport links needed for infrastructure, like pipes and transport links needed for new transport links needed for new housing. transport links needed for new housing. New transport links needed for new housing. New Zealand's transport links needed for new housing. New Zealand's housing housing. New Zealand's housing crisis, housing. New Zealand's housing crisis, as housing. New Zealand's housing crisis, as we housing. New Zealand's housing crisis, as we have housing. New Zealand's housing crisis, as we have said housing. New Zealand's housing crisis, as we have said many housing. New Zealand's housing crisis, as we have said many times crisis, as we have said many times in crisis, as we have said many times in this crisis, as we have said many times in this House crisis, as we have said many times in this House and crisis, as we have said many times in this House and beyond, crisis, as we have said many times in this House and beyond, has crisis, as we have said many times in this House and beyond, has been in this House and beyond, has been decades in this House and beyond, has been decades in in this House and beyond, has been decades in the in this House and beyond, has been decades in the making. in this House and beyond, has been decades in the making. There in this House and beyond, has been decades in the making. There is in this House and beyond, has been decades in the making. There is no decades in the making. There is no fix decades in the making. There is no fix quick. decades in the making. There is no fix quick. It decades in the making. There is no fix quick. It is decades in the making. There is no fix quick. It is an decades in the making. There is no fix quick. It is an issue decades in the making. There is no fix quick. It is an issue that decades in the making. There is no fix quick. It is an issue that will fix quick. It is an issue that will take fix quick. It is an issue that will take time, fix quick. It is an issue that will take time, but fix quick. It is an issue that will take time, but our fix quick. It is an issue that will take time, but our package fix quick. It is an issue that will take time, but our package of take time, but our package of urgent, take time, but our package of urgent, but take time, but our package of urgent, but long-term take time, but our package of urgent, but long-term changes, take time, but our package of urgent, but long-term changes, will urgent, but long-term changes, will increase urgent, but long-term changes, will increase housing urgent, but long-term changes, will increase housing supply, urgent, but long-term changes, will increase housing supply, relieve increase housing supply, relieve pressure increase housing supply, relieve pressure on increase housing supply, relieve pressure on the increase housing supply, relieve pressure on the mark increase housing supply, relieve pressure on the mark and increase housing supply, relieve pressure on the mark and we increase housing supply, relieve pressure on the mark and we hope pressure on the mark and we hope make pressure on the mark and we hope make it pressure on the mark and we hope make it easier pressure on the mark and we hope make it easier for pressure on the mark and we hope make it easier for first pressure on the mark and we hope make it easier for first home pressure on the mark and we hope make it easier for first home buyers make it easier for first home buyers Why make it easier for first home buyers Why is make it easier for first home buyers Why is she make it easier for first home buyers Why is she extending make it easier for first home buyers Why is she extending the make it easier for first home buyers Why is she extending the bright-line Why is she extending the bright-line test, Why is she extending the bright-line test, despite Why is she extending the bright-line test, despite Treasury Why is she extending the bright-line test, despite Treasury advice Why is she extending the bright-line test, despite Treasury advice this test, despite Treasury advice this may test, despite Treasury advice this may put test, despite Treasury advice this may put upward test, despite Treasury advice this may put upward pressure test, despite Treasury advice this may put upward pressure on test, despite Treasury advice this may put upward pressure on rent, may put upward pressure on rent, when may put upward pressure on rent, when under may put upward pressure on rent, when under her may put upward pressure on rent, when under her government may put upward pressure on rent, when under her government rents may put upward pressure on rent, when under her government rents have when under her government rents have increased when under her government rents have increased at when under her government rents have increased at the when under her government rents have increased at the fastest when under her government rents have increased at the fastest rate when under her government rents have increased at the fastest rate on increased at the fastest rate on record? increased at the fastest rate on record? She increased at the fastest rate on record? She ignores increased at the fastest rate on record? She ignores the increased at the fastest rate on record? She ignores the advice increased at the fastest rate on record? She ignores the advice was record? She ignores the advice was 15 record? She ignores the advice was 15 or record? She ignores the advice was 15 or 20 record? She ignores the advice was 15 or 20 years, record? She ignores the advice was 15 or 20 years, and record? She ignores the advice was 15 or 20 years, and they record? She ignores the advice was 15 or 20 years, and they were record? She ignores the advice was 15 or 20 years, and they were in 15 or 20 years, and they were in favour 15 or 20 years, and they were in favour of 15 or 20 years, and they were in favour of that. 15 or 20 years, and they were in favour of that. We 15 or 20 years, and they were in favour of that. We have 15 or 20 years, and they were in favour of that. We have settled 15 or 20 years, and they were in favour of that. We have settled on favour of that. We have settled on 10 favour of that. We have settled on 10 as favour of that. We have settled on 10 as we favour of that. We have settled on 10 as we believe favour of that. We have settled on 10 as we believe that favour of that. We have settled on 10 as we believe that that's favour of that. We have settled on 10 as we believe that that's more 10 as we believe that that's more reflective 10 as we believe that that's more reflective of 10 as we believe that that's more reflective of the 10 as we believe that that's more reflective of the reality 10 as we believe that that's more reflective of the reality in 10 as we believe that that's more reflective of the reality in the reflective of the reality in the market. reflective of the reality in the market. The reflective of the reality in the market. The member reflective of the reality in the market. The member herself reflective of the reality in the market. The member herself on market. The member herself on occasion market. The member herself on occasion has market. The member herself on occasion has addressed market. The member herself on occasion has addressed the market. The member herself on occasion has addressed the fact market. The member herself on occasion has addressed the fact that occasion has addressed the fact that if occasion has addressed the fact that if you occasion has addressed the fact that if you want occasion has addressed the fact that if you want to occasion has addressed the fact that if you want to help occasion has addressed the fact that if you want to help with occasion has addressed the fact that if you want to help with the occasion has addressed the fact that if you want to help with the rental if you want to help with the rental market, if you want to help with the rental market, the if you want to help with the rental market, the best if you want to help with the rental market, the best thing if you want to help with the rental market, the best thing you if you want to help with the rental market, the best thing you can if you want to help with the rental market, the best thing you can do if you want to help with the rental market, the best thing you can do is market, the best thing you can do is ensure market, the best thing you can do is ensure supply. market, the best thing you can do is ensure supply. That market, the best thing you can do is ensure supply. That is market, the best thing you can do is ensure supply. That is why market, the best thing you can do is ensure supply. That is why we market, the best thing you can do is ensure supply. That is why we have ensure supply. That is why we have done ensure supply. That is why we have done multiple ensure supply. That is why we have done multiple things ensure supply. That is why we have done multiple things in ensure supply. That is why we have done multiple things in this ensure supply. That is why we have done multiple things in this package done multiple things in this package by done multiple things in this package by carving done multiple things in this package by carving out done multiple things in this package by carving out new done multiple things in this package by carving out new builds, done multiple things in this package by carving out new builds, making by carving out new builds, making them by carving out new builds, making them exempt by carving out new builds, making them exempt from by carving out new builds, making them exempt from interest them exempt from interest deductibility them exempt from interest deductibility changes, them exempt from interest deductibility changes, and them exempt from interest deductibility changes, and also them exempt from interest deductibility changes, and also the deductibility changes, and also the ex-intention deductibility changes, and also the ex-intention of deductibility changes, and also the ex-intention of the deductibility changes, and also the ex-intention of the bright-line. deductibility changes, and also the ex-intention of the bright-line. On ex-intention of the bright-line. On top ex-intention of the bright-line. On top of ex-intention of the bright-line. On top of that, ex-intention of the bright-line. On top of that, making ex-intention of the bright-line. On top of that, making sure ex-intention of the bright-line. On top of that, making sure we ex-intention of the bright-line. On top of that, making sure we have ex-intention of the bright-line. On top of that, making sure we have got top of that, making sure we have got investment top of that, making sure we have got investment in top of that, making sure we have got investment in infrastructure. top of that, making sure we have got investment in infrastructure. Dead investment in infrastructure. Dead right! investment in infrastructure. Dead right! Has investment in infrastructure. Dead right! Has she investment in infrastructure. Dead right! Has she requested investment in infrastructure. Dead right! Has she requested advice investment in infrastructure. Dead right! Has she requested advice on right! Has she requested advice on the right! Has she requested advice on the impact right! Has she requested advice on the impact that right! Has she requested advice on the impact that further right! Has she requested advice on the impact that further rent the impact that further rent increases the impact that further rent increases will the impact that further rent increases will have the impact that further rent increases will have on the impact that further rent increases will have on her the impact that further rent increases will have on her promise increases will have on her promise to increases will have on her promise to end increases will have on her promise to end child increases will have on her promise to end child poverty? increases will have on her promise to end child poverty? Mr increases will have on her promise to end child poverty? Mr Speaker, to end child poverty? Mr Speaker, all to end child poverty? Mr Speaker, all of to end child poverty? Mr Speaker, all of the to end child poverty? Mr Speaker, all of the initiatives to end child poverty? Mr Speaker, all of the initiatives we to end child poverty? Mr Speaker, all of the initiatives we have all of the initiatives we have announced all of the initiatives we have announced actually all of the initiatives we have announced actually are all of the initiatives we have announced actually are aimed all of the initiatives we have announced actually are aimed at announced actually are aimed at doing announced actually are aimed at doing two announced actually are aimed at doing two things. announced actually are aimed at doing two things. We announced actually are aimed at doing two things. We want announced actually are aimed at doing two things. We want to announced actually are aimed at doing two things. We want to enable doing two things. We want to enable first doing two things. We want to enable first home doing two things. We want to enable first home buyers doing two things. We want to enable first home buyers get doing two things. We want to enable first home buyers get into doing two things. We want to enable first home buyers get into the first home buyers get into the market. first home buyers get into the market. But first home buyers get into the market. But equally, first home buyers get into the market. But equally, we've market. But equally, we've constantly market. But equally, we've constantly had market. But equally, we've constantly had a market. But equally, we've constantly had a view market. But equally, we've constantly had a view to market. But equally, we've constantly had a view to housing constantly had a view to housing affordability constantly had a view to housing affordability across constantly had a view to housing affordability across the constantly had a view to housing affordability across the board. constantly had a view to housing affordability across the board. And affordability across the board. And that affordability across the board. And that means affordability across the board. And that means rents. affordability across the board. And that means rents. As affordability across the board. And that means rents. As I've affordability across the board. And that means rents. As I've already that means rents. As I've already said, that means rents. As I've already said, we that means rents. As I've already said, we want that means rents. As I've already said, we want to that means rents. As I've already said, we want to make that means rents. As I've already said, we want to make a that means rents. As I've already said, we want to make a difference said, we want to make a difference to said, we want to make a difference to rents, said, we want to make a difference to rents, we said, we want to make a difference to rents, we need said, we want to make a difference to rents, we need more said, we want to make a difference to rents, we need more houses. said, we want to make a difference to rents, we need more houses. We to rents, we need more houses. We need to rents, we need more houses. We need general to rents, we need more houses. We need general housing to rents, we need more houses. We need general housing supply. to rents, we need more houses. We need general housing supply. Someone need general housing supply. Someone who's need general housing supply. Someone who's currently need general housing supply. Someone who's currently an need general housing supply. Someone who's currently an investors who's currently an investors choosing who's currently an investors choosing to who's currently an investors choosing to sell who's currently an investors choosing to sell their who's currently an investors choosing to sell their home who's currently an investors choosing to sell their home doesn't choosing to sell their home doesn't mean choosing to sell their home doesn't mean that choosing to sell their home doesn't mean that house choosing to sell their home doesn't mean that house is choosing to sell their home doesn't mean that house is suddenly choosing to sell their home doesn't mean that house is suddenly out choosing to sell their home doesn't mean that house is suddenly out of mean that house is suddenly out of the mean that house is suddenly out of the market. mean that house is suddenly out of the market. But mean that house is suddenly out of the market. But what mean that house is suddenly out of the market. But what we mean that house is suddenly out of the market. But what we do mean that house is suddenly out of the market. But what we do need mean that house is suddenly out of the market. But what we do need are the market. But what we do need are additional the market. But what we do need are additional stable the market. But what we do need are additional stable tenancy the market. But what we do need are additional stable tenancy options additional stable tenancy options for additional stable tenancy options for people. additional stable tenancy options for people. That's additional stable tenancy options for people. That's right! additional stable tenancy options for people. That's right! That additional stable tenancy options for people. That's right! That is for people. That's right! That is why for people. That's right! That is why we for people. That's right! That is why we are for people. That's right! That is why we are focusing for people. That's right! That is why we are focusing on for people. That's right! That is why we are focusing on seeing for people. That's right! That is why we are focusing on seeing the why we are focusing on seeing the new why we are focusing on seeing the new supply why we are focusing on seeing the new supply come why we are focusing on seeing the new supply come onstream, why we are focusing on seeing the new supply come onstream, and why we are focusing on seeing the new supply come onstream, and also new supply come onstream, and also the new supply come onstream, and also the Minister new supply come onstream, and also the Minister for new supply come onstream, and also the Minister for Housing new supply come onstream, and also the Minister for Housing is new supply come onstream, and also the Minister for Housing is looking the Minister for Housing is looking at the Minister for Housing is looking at the the Minister for Housing is looking at the market the Minister for Housing is looking at the market when the Minister for Housing is looking at the market when it the Minister for Housing is looking at the market when it comes the Minister for Housing is looking at the market when it comes to at the market when it comes to specific at the market when it comes to specific build-to-rent at the market when it comes to specific build-to-rent propositions. specific build-to-rent propositions. That's specific build-to-rent propositions. That's right! specific build-to-rent propositions. That's right! Is specific build-to-rent propositions. That's right! Is she specific build-to-rent propositions. That's right! Is she concerned specific build-to-rent propositions. That's right! Is she concerned that That's right! Is she concerned that removing That's right! Is she concerned that removing interest That's right! Is she concerned that removing interest deductibility That's right! Is she concerned that removing interest deductibility from removing interest deductibility from residential removing interest deductibility from residential rental removing interest deductibility from residential rental properties removing interest deductibility from residential rental properties will residential rental properties will result residential rental properties will result in residential rental properties will result in higher residential rental properties will result in higher rents residential rental properties will result in higher rents being residential rental properties will result in higher rents being charged result in higher rents being charged to result in higher rents being charged to tenants? result in higher rents being charged to tenants? One result in higher rents being charged to tenants? One of result in higher rents being charged to tenants? One of the result in higher rents being charged to tenants? One of the things result in higher rents being charged to tenants? One of the things well to tenants? One of the things well openly to tenants? One of the things well openly acknowledged to tenants? One of the things well openly acknowledged is to tenants? One of the things well openly acknowledged is there to tenants? One of the things well openly acknowledged is there a to tenants? One of the things well openly acknowledged is there a place openly acknowledged is there a place for openly acknowledged is there a place for investors openly acknowledged is there a place for investors in openly acknowledged is there a place for investors in New openly acknowledged is there a place for investors in New Zealand's for investors in New Zealand's housing for investors in New Zealand's housing market. for investors in New Zealand's housing market. <INTERRUPTION> for investors in New Zealand's housing market. <INTERRUPTION> What housing market. <INTERRUPTION> What we housing market. <INTERRUPTION> What we want housing market. <INTERRUPTION> What we want to housing market. <INTERRUPTION> What we want to do housing market. <INTERRUPTION> What we want to do is housing market. <INTERRUPTION> What we want to do is make housing market. <INTERRUPTION> What we want to do is make sure housing market. <INTERRUPTION> What we want to do is make sure that housing market. <INTERRUPTION> What we want to do is make sure that we we want to do is make sure that we are we want to do is make sure that we are incentivising we want to do is make sure that we are incentivising those we want to do is make sure that we are incentivising those investors we want to do is make sure that we are incentivising those investors in are incentivising those investors in the are incentivising those investors in the new are incentivising those investors in the new builds are incentivising those investors in the new builds that are incentivising those investors in the new builds that we are incentivising those investors in the new builds that we need, are incentivising those investors in the new builds that we need, so are incentivising those investors in the new builds that we need, so that the new builds that we need, so that we the new builds that we need, so that we can the new builds that we need, so that we can see the new builds that we need, so that we can see that the new builds that we need, so that we can see that increase the new builds that we need, so that we can see that increase in the new builds that we need, so that we can see that increase in supply. we can see that increase in supply. To we can see that increase in supply. To answer we can see that increase in supply. To answer the we can see that increase in supply. To answer the issue we can see that increase in supply. To answer the issue around we can see that increase in supply. To answer the issue around those we can see that increase in supply. To answer the issue around those who To answer the issue around those who may To answer the issue around those who may already To answer the issue around those who may already own To answer the issue around those who may already own an To answer the issue around those who may already own an investment may already own an investment property, may already own an investment property, we may already own an investment property, we have may already own an investment property, we have tried may already own an investment property, we have tried to may already own an investment property, we have tried to smooth property, we have tried to smooth the property, we have tried to smooth the removal property, we have tried to smooth the removal of property, we have tried to smooth the removal of the property, we have tried to smooth the removal of the interest property, we have tried to smooth the removal of the interest rate the removal of the interest rate deductibility the removal of the interest rate deductibility provisions. the removal of the interest rate deductibility provisions. We the removal of the interest rate deductibility provisions. We learnt deductibility provisions. We learnt from deductibility provisions. We learnt from the deductibility provisions. We learnt from the UK deductibility provisions. We learnt from the UK example. deductibility provisions. We learnt from the UK example. They deductibility provisions. We learnt from the UK example. They initially from the UK example. They initially proposed from the UK example. They initially proposed interest from the UK example. They initially proposed interest deductibility proposed interest deductibility changes proposed interest deductibility changes that proposed interest deductibility changes that came proposed interest deductibility changes that came in proposed interest deductibility changes that came in all proposed interest deductibility changes that came in all at proposed interest deductibility changes that came in all at once proposed interest deductibility changes that came in all at once for changes that came in all at once for those changes that came in all at once for those with changes that came in all at once for those with an changes that came in all at once for those with an existing changes that came in all at once for those with an existing property, changes that came in all at once for those with an existing property, and those with an existing property, and then, those with an existing property, and then, down those with an existing property, and then, down the those with an existing property, and then, down the track, those with an existing property, and then, down the track, chose those with an existing property, and then, down the track, chose to those with an existing property, and then, down the track, chose to faze then, down the track, chose to faze -- then, down the track, chose to faze -- phased then, down the track, chose to faze -- phased it. then, down the track, chose to faze -- phased it. We then, down the track, chose to faze -- phased it. We are then, down the track, chose to faze -- phased it. We are doing then, down the track, chose to faze -- phased it. We are doing it then, down the track, chose to faze -- phased it. We are doing it at then, down the track, chose to faze -- phased it. We are doing it at a -- phased it. We are doing it at a time -- phased it. We are doing it at a time when -- phased it. We are doing it at a time when interest -- phased it. We are doing it at a time when interest rates -- phased it. We are doing it at a time when interest rates are -- phased it. We are doing it at a time when interest rates are low, -- phased it. We are doing it at a time when interest rates are low, to time when interest rates are low, to reduce time when interest rates are low, to reduce the time when interest rates are low, to reduce the impact time when interest rates are low, to reduce the impact on time when interest rates are low, to reduce the impact on investors time when interest rates are low, to reduce the impact on investors who reduce the impact on investors who already reduce the impact on investors who already have reduce the impact on investors who already have tenants reduce the impact on investors who already have tenants Does reduce the impact on investors who already have tenants Does she reduce the impact on investors who already have tenants Does she stand already have tenants Does she stand by already have tenants Does she stand by her already have tenants Does she stand by her statement already have tenants Does she stand by her statement this already have tenants Does she stand by her statement this morning already have tenants Does she stand by her statement this morning in by her statement this morning in relation by her statement this morning in relation to by her statement this morning in relation to her by her statement this morning in relation to her bright-line by her statement this morning in relation to her bright-line test relation to her bright-line test changes, relation to her bright-line test changes, "It relation to her bright-line test changes, "It does relation to her bright-line test changes, "It does not relation to her bright-line test changes, "It does not apply relation to her bright-line test changes, "It does not apply to relation to her bright-line test changes, "It does not apply to the changes, "It does not apply to the family changes, "It does not apply to the family home"? changes, "It does not apply to the family home"? Yes. changes, "It does not apply to the family home"? Yes. Will changes, "It does not apply to the family home"? Yes. Will her changes, "It does not apply to the family home"? Yes. Will her changes family home"? Yes. Will her changes to family home"? Yes. Will her changes to the family home"? Yes. Will her changes to the bright-line family home"? Yes. Will her changes to the bright-line test family home"? Yes. Will her changes to the bright-line test mean family home"? Yes. Will her changes to the bright-line test mean that family home"? Yes. Will her changes to the bright-line test mean that a to the bright-line test mean that a police to the bright-line test mean that a police officer to the bright-line test mean that a police officer who to the bright-line test mean that a police officer who undertakes to the bright-line test mean that a police officer who undertakes a police officer who undertakes a 2-year police officer who undertakes a 2-year posting police officer who undertakes a 2-year posting in police officer who undertakes a 2-year posting in another police officer who undertakes a 2-year posting in another town police officer who undertakes a 2-year posting in another town could 2-year posting in another town could now 2-year posting in another town could now be 2-year posting in another town could now be subject 2-year posting in another town could now be subject to 2-year posting in another town could now be subject to tax 2-year posting in another town could now be subject to tax on 2-year posting in another town could now be subject to tax on their now be subject to tax on their family now be subject to tax on their family home? now be subject to tax on their family home? Under now be subject to tax on their family home? Under the now be subject to tax on their family home? Under the policy family home? Under the policy introduced... family home? Under the policy introduced... Yes, family home? Under the policy introduced... Yes, yes! family home? Under the policy introduced... Yes, yes! Order! family home? Under the policy introduced... Yes, yes! Order! Under introduced... Yes, yes! Order! Under the introduced... Yes, yes! Order! Under the policy introduced... Yes, yes! Order! Under the policy introduced introduced... Yes, yes! Order! Under the policy introduced by introduced... Yes, yes! Order! Under the policy introduced by the the policy introduced by the National the policy introduced by the National Government the policy introduced by the National Government for National Government for bright-line... 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It used 50% as the mark. <INTERRUPTION> Our view was that you <INTERRUPTION> Our view was that you would <INTERRUPTION> Our view was that you would have, <INTERRUPTION> Our view was that you would have, with <INTERRUPTION> Our view was that you would have, with that <INTERRUPTION> Our view was that you would have, with that rule <INTERRUPTION> Our view was that you would have, with that rule still <INTERRUPTION> Our view was that you would have, with that rule still in would have, with that rule still in place, would have, with that rule still in place, some would have, with that rule still in place, some unfortunate would have, with that rule still in place, some unfortunate and would have, with that rule still in place, some unfortunate and unfair place, some unfortunate and unfair scenarios. place, some unfortunate and unfair scenarios. Our place, some unfortunate and unfair scenarios. Our view place, some unfortunate and unfair scenarios. 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Our view was with the extension that we needed to be more extension that we needed to be more specific, extension that we needed to be more specific, we extension that we needed to be more specific, we have extension that we needed to be more specific, we have done extension that we needed to be more specific, we have done that, extension that we needed to be more specific, we have done that, but extension that we needed to be more specific, we have done that, but the specific, we have done that, but the change specific, we have done that, but the change of specific, we have done that, but the change of use specific, we have done that, but the change of use rule specific, we have done that, but the change of use rule has specific, we have done that, but the change of use rule has always specific, we have done that, but the change of use rule has always been change of use rule has always been there, change of use rule has always been there, as change of use rule has always been there, as introduced change of use rule has always been there, as introduced by change of use rule has always been there, as introduced by National. there, as introduced by National. <INTERRUPTION> there, as introduced by National. <INTERRUPTION> That's there, as introduced by National. <INTERRUPTION> That's right! there, as introduced by National. <INTERRUPTION> That's right! Has there, as introduced by National. <INTERRUPTION> That's right! Has the <INTERRUPTION> That's right! Has the law <INTERRUPTION> That's right! Has the law she <INTERRUPTION> That's right! Has the law she passed <INTERRUPTION> That's right! Has the law she passed this <INTERRUPTION> That's right! Has the law she passed this morning <INTERRUPTION> That's right! Has the law she passed this morning under law she passed this morning under urgency... law she passed this morning under urgency... Order! law she passed this morning under urgency... Order! Order! law she passed this morning under urgency... Order! Order! The law she passed this morning under urgency... Order! Order! The member urgency... Order! Order! The member will urgency... Order! Order! The member will rephrase urgency... Order! Order! The member will rephrase the urgency... Order! Order! The member will rephrase the question. urgency... Order! Order! The member will rephrase the question. She urgency... Order! Order! The member will rephrase the question. She know will rephrase the question. She know that's will rephrase the question. She know that's out will rephrase the question. She know that's out of will rephrase the question. She know that's out of order. will rephrase the question. She know that's out of order. Has will rephrase the question. She know that's out of order. Has the will rephrase the question. She know that's out of order. Has the law that's out of order. Has the law passed that's out of order. Has the law passed this that's out of order. Has the law passed this morning that's out of order. Has the law passed this morning under that's out of order. Has the law passed this morning under urgency passed this morning under urgency changed passed this morning under urgency changed the passed this morning under urgency changed the definition passed this morning under urgency changed the definition of changed the definition of "residential changed the definition of "residential property" changed the definition of "residential property" so changed the definition of "residential property" so that changed the definition of "residential property" so that farms "residential property" so that farms that "residential property" so that farms that include "residential property" so that farms that include worker "residential property" so that farms that include worker accommodation that include worker accommodation will that include worker accommodation will now that include worker accommodation will now be that include worker accommodation will now be subject that include worker accommodation will now be subject to that include worker accommodation will now be subject to a that include worker accommodation will now be subject to a capital will now be subject to a capital gains will now be subject to a capital gains tax will now be subject to a capital gains tax if will now be subject to a capital gains tax if sold will now be subject to a capital gains tax if sold within will now be subject to a capital gains tax if sold within 10 will now be subject to a capital gains tax if sold within 10 years? gains tax if sold within 10 years? <INTERRUPTION> gains tax if sold within 10 years? <INTERRUPTION> Mr gains tax if sold within 10 years? <INTERRUPTION> Mr Speaker, gains tax if sold within 10 years? <INTERRUPTION> Mr Speaker, one gains tax if sold within 10 years? <INTERRUPTION> Mr Speaker, one of <INTERRUPTION> Mr Speaker, one of the <INTERRUPTION> Mr Speaker, one of the thins <INTERRUPTION> Mr Speaker, one of the thins that <INTERRUPTION> Mr Speaker, one of the thins that we've <INTERRUPTION> Mr Speaker, one of the thins that we've had <INTERRUPTION> Mr Speaker, one of the thins that we've had to <INTERRUPTION> Mr Speaker, one of the thins that we've had to address the thins that we've had to address for the thins that we've had to address for instance... the thins that we've had to address for instance... <INTERRUPTION> the thins that we've had to address for instance... <INTERRUPTION> ..is for instance... <INTERRUPTION> ..is that... for instance... <INTERRUPTION> ..is that... 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If the Leader of the Opposition thinks she's got the the Opposition thinks she's got the answer, the Opposition thinks she's got the answer, she the Opposition thinks she's got the answer, she shouldn't the Opposition thinks she's got the answer, she shouldn't ask the Opposition thinks she's got the answer, she shouldn't ask the answer, she shouldn't ask the question! answer, she shouldn't ask the question! <INTERRUPTION> answer, she shouldn't ask the question! <INTERRUPTION> point answer, she shouldn't ask the question! <INTERRUPTION> point of question! <INTERRUPTION> point of order. question! <INTERRUPTION> point of order. A question! <INTERRUPTION> point of order. A point question! <INTERRUPTION> point of order. A point of question! <INTERRUPTION> point of order. A point of order, question! <INTERRUPTION> point of order. A point of order, the question! <INTERRUPTION> point of order. A point of order, the Hon order. A point of order, the Hon Judith order. A point of order, the Hon Judith Collins. order. A point of order, the Hon Judith Collins. You order. A point of order, the Hon Judith Collins. You have order. A point of order, the Hon Judith Collins. You have long order. A point of order, the Hon Judith Collins. You have long been Judith Collins. You have long been of Judith Collins. You have long been of the Judith Collins. You have long been of the view Judith Collins. You have long been of the view stated Judith Collins. You have long been of the view stated here Judith Collins. You have long been of the view stated here that Judith Collins. You have long been of the view stated here that people of the view stated here that people shouldn't of the view stated here that people shouldn't ask of the view stated here that people shouldn't ask questions of the view stated here that people shouldn't ask questions they of the view stated here that people shouldn't ask questions they don't shouldn't ask questions they don't know shouldn't ask questions they don't know the shouldn't ask questions they don't know the answer shouldn't ask questions they don't know the answer to. shouldn't ask questions they don't know the answer to. Well, shouldn't ask questions they don't know the answer to. Well, that shouldn't ask questions they don't know the answer to. Well, that might know the answer to. Well, that might be know the answer to. Well, that might be the know the answer to. Well, that might be the case know the answer to. Well, that might be the case in know the answer to. Well, that might be the case in court. know the answer to. Well, that might be the case in court. I know the answer to. Well, that might be the case in court. I just know the answer to. Well, that might be the case in court. I just live know the answer to. Well, that might be the case in court. I just live in be the case in court. I just live in hope be the case in court. I just live in hope some be the case in court. I just live in hope some time be the case in court. I just live in hope some time in be the case in court. I just live in hope some time in this be the case in court. I just live in hope some time in this House be the case in court. I just live in hope some time in this House that hope some time in this House that someone hope some time in this House that someone will hope some time in this House that someone will ask hope some time in this House that someone will ask a hope some time in this House that someone will ask a genuine hope some time in this House that someone will ask a genuine question. someone will ask a genuine question. <INTERRUPTION> someone will ask a genuine question. <INTERRUPTION> The someone will ask a genuine question. <INTERRUPTION> The Hon someone will ask a genuine question. <INTERRUPTION> The Hon Judith <INTERRUPTION> The Hon Judith Collins. <INTERRUPTION> The Hon Judith Collins. Supplementary. Collins. Supplementary. <INTERRUPTION> Collins. Supplementary. <INTERRUPTION> To Collins. Supplementary. <INTERRUPTION> To the Collins. Supplementary. <INTERRUPTION> To the PM: Collins. Supplementary. <INTERRUPTION> To the PM: Does Collins. Supplementary. <INTERRUPTION> To the PM: Does she <INTERRUPTION> To the PM: Does she stand <INTERRUPTION> To the PM: Does she stand by <INTERRUPTION> To the PM: Does she stand by her <INTERRUPTION> To the PM: Does she stand by her statement <INTERRUPTION> To the PM: Does she stand by her statement this <INTERRUPTION> To the PM: Does she stand by her statement this morning stand by her statement this morning that stand by her statement this morning that the stand by her statement this morning that the reason stand by her statement this morning that the reason 10 stand by her statement this morning that the reason 10 years stand by her statement this morning that the reason 10 years was stand by her statement this morning that the reason 10 years was chosen that the reason 10 years was chosen was that the reason 10 years was chosen was so that the reason 10 years was chosen was so that that the reason 10 years was chosen was so that the that the reason 10 years was chosen was so that the test that the reason 10 years was chosen was so that the test could that the reason 10 years was chosen was so that the test could apply that the reason 10 years was chosen was so that the test could apply to was so that the test could apply to "the was so that the test could apply to "the majority was so that the test could apply to "the majority of was so that the test could apply to "the majority of sales", was so that the test could apply to "the majority of sales", and was so that the test could apply to "the majority of sales", and does "the majority of sales", and does she "the majority of sales", and does she consider "the majority of sales", and does she consider the "the majority of sales", and does she consider the majority "the majority of sales", and does she consider the majority of "the majority of sales", and does she consider the majority of rental she consider the majority of rental property she consider the majority of rental property owners she consider the majority of rental property owners to she consider the majority of rental property owners to be she consider the majority of rental property owners to be speculators? property owners to be speculators? Mr property owners to be speculators? Mr Speaker, property owners to be speculators? Mr Speaker, in property owners to be speculators? Mr Speaker, in answer property owners to be speculators? Mr Speaker, in answer to property owners to be speculators? Mr Speaker, in answer to the property owners to be speculators? Mr Speaker, in answer to the last Mr Speaker, in answer to the last part Mr Speaker, in answer to the last part of Mr Speaker, in answer to the last part of the Mr Speaker, in answer to the last part of the member's Mr Speaker, in answer to the last part of the member's question, Mr Speaker, in answer to the last part of the member's question, no. part of the member's question, no. What part of the member's question, no. What I part of the member's question, no. What I was part of the member's question, no. What I was reflecting part of the member's question, no. What I was reflecting was part of the member's question, no. What I was reflecting was the part of the member's question, no. What I was reflecting was the advice What I was reflecting was the advice that What I was reflecting was the advice that we What I was reflecting was the advice that we had What I was reflecting was the advice that we had received, What I was reflecting was the advice that we had received, which What I was reflecting was the advice that we had received, which took that we had received, which took into that we had received, which took into account that we had received, which took into account and that we had received, which took into account and unfortunately that we had received, which took into account and unfortunately we into account and unfortunately we don't into account and unfortunately we don't have into account and unfortunately we don't have the into account and unfortunately we don't have the data into account and unfortunately we don't have the data that into account and unfortunately we don't have the data that delineates don't have the data that delineates between don't have the data that delineates between residential don't have the data that delineates between residential and don't have the data that delineates between residential and investor... between residential and investor... <INTERRUPTION> between residential and investor... <INTERRUPTION> But between residential and investor... <INTERRUPTION> But we between residential and investor... <INTERRUPTION> But we know between residential and investor... <INTERRUPTION> But we know that between residential and investor... <INTERRUPTION> But we know that we <INTERRUPTION> But we know that we see <INTERRUPTION> But we know that we see high <INTERRUPTION> But we know that we see high churn <INTERRUPTION> But we know that we see high churn under <INTERRUPTION> But we know that we see high churn under 10 <INTERRUPTION> But we know that we see high churn under 10 years. <INTERRUPTION> But we know that we see high churn under 10 years. That see high churn under 10 years. That was see high churn under 10 years. That was the see high churn under 10 years. That was the basis see high churn under 10 years. That was the basis on see high churn under 10 years. That was the basis on which see high churn under 10 years. That was the basis on which we see high churn under 10 years. That was the basis on which we received was the basis on which we received advice was the basis on which we received advice from was the basis on which we received advice from The was the basis on which we received advice from The Treasury was the basis on which we received advice from The Treasury to advice from The Treasury to increase. advice from The Treasury to increase. They advice from The Treasury to increase. They suggested advice from The Treasury to increase. They suggested increasing increase. They suggested increasing um increase. They suggested increasing um -- increase. They suggested increasing um -- up increase. They suggested increasing um -- up to increase. They suggested increasing um -- up to 15 increase. They suggested increasing um -- up to 15 or increase. They suggested increasing um -- up to 15 or 20. increase. They suggested increasing um -- up to 15 or 20. The increase. They suggested increasing um -- up to 15 or 20. The reason increase. They suggested increasing um -- up to 15 or 20. The reason we um -- up to 15 or 20. The reason we choose um -- up to 15 or 20. The reason we choose 10 um -- up to 15 or 20. The reason we choose 10 was um -- up to 15 or 20. The reason we choose 10 was based um -- up to 15 or 20. The reason we choose 10 was based on um -- up to 15 or 20. The reason we choose 10 was based on the um -- up to 15 or 20. The reason we choose 10 was based on the evidence choose 10 was based on the evidence provided choose 10 was based on the evidence provided around choose 10 was based on the evidence provided around where choose 10 was based on the evidence provided around where the choose 10 was based on the evidence provided around where the churn choose 10 was based on the evidence provided around where the churn was. provided around where the churn was. When provided around where the churn was. When will provided around where the churn was. When will she provided around where the churn was. When will she respond provided around where the churn was. When will she respond to provided around where the churn was. When will she respond to my provided around where the churn was. When will she respond to my letter, When will she respond to my letter, dated When will she respond to my letter, dated 16 When will she respond to my letter, dated 16 March, When will she respond to my letter, dated 16 March, outlining When will she respond to my letter, dated 16 March, outlining my When will she respond to my letter, dated 16 March, outlining my concern dated 16 March, outlining my concern regarding dated 16 March, outlining my concern regarding the dated 16 March, outlining my concern regarding the conduct dated 16 March, outlining my concern regarding the conduct of dated 16 March, outlining my concern regarding the conduct of the dated 16 March, outlining my concern regarding the conduct of the Rt dated 16 March, outlining my concern regarding the conduct of the Rt Hon regarding the conduct of the Rt Hon Trevor regarding the conduct of the Rt Hon Trevor Mallard? regarding the conduct of the Rt Hon Trevor Mallard? I regarding the conduct of the Rt Hon Trevor Mallard? I did regarding the conduct of the Rt Hon Trevor Mallard? I did ask regarding the conduct of the Rt Hon Trevor Mallard? I did ask my regarding the conduct of the Rt Hon Trevor Mallard? I did ask my office Trevor Mallard? I did ask my office to Trevor Mallard? I did ask my office to ensure Trevor Mallard? I did ask my office to ensure that Trevor Mallard? I did ask my office to ensure that we Trevor Mallard? I did ask my office to ensure that we had Trevor Mallard? I did ask my office to ensure that we had a Trevor Mallard? I did ask my office to ensure that we had a response Trevor Mallard? I did ask my office to ensure that we had a response to to ensure that we had a response to the to ensure that we had a response to the member. to ensure that we had a response to the member. I to ensure that we had a response to the member. I asked to ensure that we had a response to the member. I asked them to ensure that we had a response to the member. I asked them today to ensure that we had a response to the member. I asked them today to the member. I asked them today to make the member. I asked them today to make sure the member. I asked them today to make sure we the member. I asked them today to make sure we had the member. I asked them today to make sure we had a the member. I asked them today to make sure we had a response. the member. I asked them today to make sure we had a response. I make sure we had a response. I expect make sure we had a response. I expect that make sure we had a response. I expect that in make sure we had a response. I expect that in the make sure we had a response. I expect that in the coming make sure we had a response. I expect that in the coming days. expect that in the coming days. Point expect that in the coming days. Point of expect that in the coming days. Point of order. expect that in the coming days. Point of order. A expect that in the coming days. Point of order. A point expect that in the coming days. Point of order. A point of expect that in the coming days. Point of order. A point of order, Point of order. A point of order, the Point of order. A point of order, the Hon Point of order. A point of order, the Hon Judith Point of order. A point of order, the Hon Judith Collins. Point of order. A point of order, the Hon Judith Collins. I Point of order. A point of order, the Hon Judith Collins. I seek Point of order. A point of order, the Hon Judith Collins. I seek leave the Hon Judith Collins. I seek leave to the Hon Judith Collins. I seek leave to table the Hon Judith Collins. I seek leave to table a the Hon Judith Collins. I seek leave to table a letter the Hon Judith Collins. I seek leave to table a letter dated the Hon Judith Collins. I seek leave to table a letter dated 16 the Hon Judith Collins. I seek leave to table a letter dated 16 March to table a letter dated 16 March 2021 to table a letter dated 16 March 2021 to to table a letter dated 16 March 2021 to the to table a letter dated 16 March 2021 to the PM to table a letter dated 16 March 2021 to the PM from to table a letter dated 16 March 2021 to the PM from myself, 2021 to the PM from myself, including 2021 to the PM from myself, including an 2021 to the PM from myself, including an attachment, 2021 to the PM from myself, including an attachment, including 2021 to the PM from myself, including an attachment, including a including an attachment, including a Statement including an attachment, including a Statement of including an attachment, including a Statement of Claim. including an attachment, including a Statement of Claim. I including an attachment, including a Statement of Claim. I am including an attachment, including a Statement of Claim. I am going including an attachment, including a Statement of Claim. I am going to Statement of Claim. I am going to account Statement of Claim. I am going to account the Statement of Claim. I am going to account the member Statement of Claim. I am going to account the member whether Statement of Claim. I am going to account the member whether that Statement of Claim. I am going to account the member whether that is account the member whether that is something account the member whether that is something that account the member whether that is something that has account the member whether that is something that has already account the member whether that is something that has already been something that has already been circulated something that has already been circulated and something that has already been circulated and is something that has already been circulated and is on something that has already been circulated and is on the something that has already been circulated and is on the internet circulated and is on the internet from circulated and is on the internet from the circulated and is on the internet from the member? circulated and is on the internet from the member? Not circulated and is on the internet from the member? Not that circulated and is on the internet from the member? Not that I'm circulated and is on the internet from the member? Not that I'm aware from the member? Not that I'm aware of. from the member? Not that I'm aware of. I from the member? Not that I'm aware of. I have from the member? Not that I'm aware of. I have seen from the member? Not that I'm aware of. I have seen it from the member? Not that I'm aware of. I have seen it there, from the member? Not that I'm aware of. I have seen it there, I'll... from the member? Not that I'm aware of. I have seen it there, I'll... Is of. I have seen it there, I'll... Is there of. I have seen it there, I'll... Is there any of. I have seen it there, I'll... Is there any objection? of. I have seen it there, I'll... Is there any objection? Appears of. I have seen it there, I'll... Is there any objection? Appears to of. I have seen it there, I'll... Is there any objection? Appears to be there any objection? Appears to be none. there any objection? Appears to be none. Sorry. there any objection? Appears to be none. Sorry. We there any objection? Appears to be none. Sorry. We will there any objection? Appears to be none. Sorry. We will go there any objection? Appears to be none. Sorry. We will go to there any objection? Appears to be none. Sorry. We will go to Question none. Sorry. We will go to Question No. none. Sorry. We will go to Question No. 3. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Housing: My question is to the Minister of Housing: What My question is to the Minister of Housing: What recent My question is to the Minister of Housing: What recent announcements Housing: What recent announcements has Housing: What recent announcements has she Housing: What recent announcements has she made Housing: What recent announcements has she made about Housing: What recent announcements has she made about supporting has she made about supporting first-home has she made about supporting first-home buyers? Yesterday Yesterday I Yesterday I announced Yesterday I announced increased Yesterday I announced increased support... Yesterday I announced increased support... The Yesterday I announced increased support... The Hon Yesterday I announced increased support... The Hon Dr Yesterday I announced increased support... The Hon Dr Megan Yesterday I announced increased support... The Hon Dr Megan Woods! support... The Hon Dr Megan Woods! Thank support... The Hon Dr Megan Woods! Thank you. support... The Hon Dr Megan Woods! Thank you. Yesterday support... The Hon Dr Megan Woods! Thank you. Yesterday I support... The Hon Dr Megan Woods! Thank you. Yesterday I announced Thank you. Yesterday I announced increase Thank you. Yesterday I announced increase sud Thank you. Yesterday I announced increase sud port Thank you. Yesterday I announced increase sud port for Thank you. Yesterday I announced increase sud port for first Thank you. Yesterday I announced increase sud port for first home increase sud port for first home buyers increase sud port for first home buyers through increase sud port for first home buyers through the increase sud port for first home buyers through the lifting increase sud port for first home buyers through the lifting of buyers through the lifting of thresholds buyers through the lifting of thresholds for buyers through the lifting of thresholds for first buyers through the lifting of thresholds for first home buyers through the lifting of thresholds for first home products. thresholds for first home products. Income thresholds for first home products. Income caps thresholds for first home products. Income caps to thresholds for first home products. Income caps to get thresholds for first home products. Income caps to get financial Income caps to get financial assistance Income caps to get financial assistance will Income caps to get financial assistance will be Income caps to get financial assistance will be lifted Income caps to get financial assistance will be lifted from assistance will be lifted from $85,000 assistance will be lifted from $85,000 to assistance will be lifted from $85,000 to $95,000 assistance will be lifted from $85,000 to $95,000 for assistance will be lifted from $85,000 to $95,000 for single $85,000 to $95,000 for single buyers, $85,000 to $95,000 for single buyers, and $85,000 to $95,000 for single buyers, and from $85,000 to $95,000 for single buyers, and from $130,000 $85,000 to $95,000 for single buyers, and from $130,000 to buyers, and from $130,000 to $150,000 buyers, and from $130,000 to $150,000 for buyers, and from $130,000 to $150,000 for two buyers, and from $130,000 to $150,000 for two or buyers, and from $130,000 to $150,000 for two or more buyers, and from $130,000 to $150,000 for two or more buyers. $150,000 for two or more buyers. Regional $150,000 for two or more buyers. Regional caps $150,000 for two or more buyers. Regional caps have $150,000 for two or more buyers. Regional caps have also $150,000 for two or more buyers. Regional caps have also been Regional caps have also been increased Regional caps have also been increased in Regional caps have also been increased in areas Regional caps have also been increased in areas where Regional caps have also been increased in areas where the increased in areas where the products increased in areas where the products were increased in areas where the products were backing increased in areas where the products were backing increasingly products were backing increasingly out products were backing increasingly out of products were backing increasingly out of reach products were backing increasingly out of reach for products were backing increasingly out of reach for first products were backing increasingly out of reach for first home products were backing increasingly out of reach for first home buyers. out of reach for first home buyers. How out of reach for first home buyers. How many out of reach for first home buyers. How many people out of reach for first home buyers. How many people will out of reach for first home buyers. How many people will benefit out of reach for first home buyers. How many people will benefit from How many people will benefit from these How many people will benefit from these changes? How many people will benefit from these changes? As How many people will benefit from these changes? As a How many people will benefit from these changes? As a result How many people will benefit from these changes? As a result of How many people will benefit from these changes? As a result of these these changes? As a result of these changes these changes? As a result of these changes it, these changes? As a result of these changes it, is these changes? As a result of these changes it, is we these changes? As a result of these changes it, is we expect these changes? As a result of these changes it, is we expect to these changes? As a result of these changes it, is we expect to see changes it, is we expect to see 9,300 changes it, is we expect to see 9,300 additional changes it, is we expect to see 9,300 additional couples changes it, is we expect to see 9,300 additional couples and changes it, is we expect to see 9,300 additional couples and 3,700 9,300 additional couples and 3,700 additional 9,300 additional couples and 3,700 additional singles 9,300 additional couples and 3,700 additional singles currently 9,300 additional couples and 3,700 additional singles currently renting additional singles currently renting now additional singles currently renting now qualify additional singles currently renting now qualify for additional singles currently renting now qualify for first additional singles currently renting now qualify for first home additional singles currently renting now qualify for first home products. now qualify for first home products. This now qualify for first home products. This builds now qualify for first home products. This builds on now qualify for first home products. This builds on the now qualify for first home products. This builds on the 51,518 now qualify for first home products. This builds on the 51,518 first now qualify for first home products. This builds on the 51,518 first home This builds on the 51,518 first home grants This builds on the 51,518 first home grants in This builds on the 51,518 first home grants in 4,256 This builds on the 51,518 first home grants in 4,256 first This builds on the 51,518 first home grants in 4,256 first home This builds on the 51,518 first home grants in 4,256 first home loans grants in 4,256 first home loans that grants in 4,256 first home loans that we've grants in 4,256 first home loans that we've given grants in 4,256 first home loans that we've given out grants in 4,256 first home loans that we've given out since grants in 4,256 first home loans that we've given out since November that we've given out since November 2017. that we've given out since November 2017. Our that we've given out since November 2017. Our focus that we've given out since November 2017. Our focus is that we've given out since November 2017. Our focus is on that we've given out since November 2017. Our focus is on ensuring that we've given out since November 2017. Our focus is on ensuring that 2017. Our focus is on ensuring that first 2017. Our focus is on ensuring that first home 2017. Our focus is on ensuring that first home buyers 2017. Our focus is on ensuring that first home buyers are 2017. Our focus is on ensuring that first home buyers are given 2017. Our focus is on ensuring that first home buyers are given a 2017. Our focus is on ensuring that first home buyers are given a better first home buyers are given a better shot first home buyers are given a better shot at first home buyers are given a better shot at owning first home buyers are given a better shot at owning their first home buyers are given a better shot at owning their own first home buyers are given a better shot at owning their own home first home buyers are given a better shot at owning their own home and shot at owning their own home and these shot at owning their own home and these changes shot at owning their own home and these changes will shot at owning their own home and these changes will go shot at owning their own home and these changes will go a shot at owning their own home and these changes will go a long shot at owning their own home and these changes will go a long way shot at owning their own home and these changes will go a long way to these changes will go a long way to overcoming these changes will go a long way to overcoming the these changes will go a long way to overcoming the deposit these changes will go a long way to overcoming the deposit barrier. these changes will go a long way to overcoming the deposit barrier. What overcoming the deposit barrier. What impact overcoming the deposit barrier. What impact will overcoming the deposit barrier. What impact will these overcoming the deposit barrier. What impact will these changes overcoming the deposit barrier. What impact will these changes have overcoming the deposit barrier. What impact will these changes have on impact will these changes have on Maori impact will these changes have on Maori and impact will these changes have on Maori and Pacific impact will these changes have on Maori and Pacific families? Maori and Pacific families? Increasing Maori and Pacific families? Increasing income Maori and Pacific families? Increasing income thresholds Maori and Pacific families? Increasing income thresholds and Increasing income thresholds and changes Increasing income thresholds and changes to Increasing income thresholds and changes to the Increasing income thresholds and changes to the regional Increasing income thresholds and changes to the regional price Increasing income thresholds and changes to the regional price caps changes to the regional price caps will changes to the regional price caps will support changes to the regional price caps will support more changes to the regional price caps will support more Maori changes to the regional price caps will support more Maori and changes to the regional price caps will support more Maori and Pacific will support more Maori and Pacific families will support more Maori and Pacific families into will support more Maori and Pacific families into home will support more Maori and Pacific families into home ownership. families into home ownership. Changes families into home ownership. Changes to families into home ownership. Changes to income families into home ownership. Changes to income caps families into home ownership. Changes to income caps will families into home ownership. Changes to income caps will also Changes to income caps will also support Changes to income caps will also support multi-generational support multi-generational households support multi-generational households which support multi-generational households which are support multi-generational households which are often support multi-generational households which are often Maori support multi-generational households which are often Maori and households which are often Maori and Pasifika households which are often Maori and Pasifika families. households which are often Maori and Pasifika families. This households which are often Maori and Pasifika families. This builds households which are often Maori and Pasifika families. This builds on Pasifika families. This builds on the Pasifika families. This builds on the change Pasifika families. This builds on the change during Pasifika families. This builds on the change during the Pasifika families. This builds on the change during the Government the change during the Government build the change during the Government build reset the change during the Government build reset in the change during the Government build reset in 2019 the change during the Government build reset in 2019 when the change during the Government build reset in 2019 when the the change during the Government build reset in 2019 when the cap the change during the Government build reset in 2019 when the cap on build reset in 2019 when the cap on multiple build reset in 2019 when the cap on multiple buyers build reset in 2019 when the cap on multiple buyers were build reset in 2019 when the cap on multiple buyers were removed build reset in 2019 when the cap on multiple buyers were removed to multiple buyers were removed to allow multiple buyers were removed to allow family multiple buyers were removed to allow family and multiple buyers were removed to allow family and friends multiple buyers were removed to allow family and friends to multiple buyers were removed to allow family and friends to pool allow family and friends to pool deposits allow family and friends to pool deposits and allow family and friends to pool deposits and still allow family and friends to pool deposits and still access allow family and friends to pool deposits and still access first allow family and friends to pool deposits and still access first home deposits and still access first home products. deposits and still access first home products. Question deposits and still access first home products. Question No. deposits and still access first home products. Question No. 4. deposits and still access first home products. Question No. 4. The deposits and still access first home products. Question No. 4. The Hon products. Question No. 4. The Hon Julie products. Question No. 4. The Hon Julie Anne products. Question No. 4. The Hon Julie Anne Genter. products. Question No. 4. The Hon Julie Anne Genter. Tena products. Question No. 4. The Hon Julie Anne Genter. Tena koe. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Finance: My question is to the Minister of Finance: Does My question is to the Minister of Finance: Does he My question is to the Minister of Finance: Does he stand My question is to the Minister of Finance: Does he stand by My question is to the Minister of Finance: Does he stand by his Finance: Does he stand by his statement Finance: Does he stand by his statement that Finance: Does he stand by his statement that "What Finance: Does he stand by his statement that "What we Finance: Does he stand by his statement that "What we are statement that "What we are committed statement that "What we are committed to statement that "What we are committed to is statement that "What we are committed to is making statement that "What we are committed to is making sure statement that "What we are committed to is making sure that committed to is making sure that houses committed to is making sure that houses are committed to is making sure that houses are more committed to is making sure that houses are more affordable"; committed to is making sure that houses are more affordable"; if committed to is making sure that houses are more affordable"; if so, houses are more affordable"; if so, does houses are more affordable"; if so, does the houses are more affordable"; if so, does the Government houses are more affordable"; if so, does the Government have houses are more affordable"; if so, does the Government have a houses are more affordable"; if so, does the Government have a position does the Government have a position on does the Government have a position on what does the Government have a position on what ratio does the Government have a position on what ratio of does the Government have a position on what ratio of median does the Government have a position on what ratio of median house does the Government have a position on what ratio of median house price on what ratio of median house price to on what ratio of median house price to median on what ratio of median house price to median household on what ratio of median house price to median household income on what ratio of median house price to median household income would to median household income would mean to median household income would mean we to median household income would mean we have to median household income would mean we have affordable to median household income would mean we have affordable housing to median household income would mean we have affordable housing in mean we have affordable housing in Aotearoa? I I do I do stand I do stand by I do stand by my I do stand by my previous I do stand by my previous statements, I do stand by my previous statements, given I do stand by my previous statements, given the I do stand by my previous statements, given the multiple statements, given the multiple factors statements, given the multiple factors that statements, given the multiple factors that determine statements, given the multiple factors that determine both statements, given the multiple factors that determine both house factors that determine both house price factors that determine both house price changes factors that determine both house price changes and factors that determine both house price changes and income factors that determine both house price changes and income growth. factors that determine both house price changes and income growth. I price changes and income growth. I don't price changes and income growth. I don't want price changes and income growth. I don't want to price changes and income growth. I don't want to put price changes and income growth. I don't want to put a price changes and income growth. I don't want to put a single price changes and income growth. I don't want to put a single number price changes and income growth. I don't want to put a single number on don't want to put a single number on what don't want to put a single number on what the don't want to put a single number on what the right don't want to put a single number on what the right ratio don't want to put a single number on what the right ratio is. don't want to put a single number on what the right ratio is. But don't want to put a single number on what the right ratio is. But I don't want to put a single number on what the right ratio is. But I am what the right ratio is. But I am clear what the right ratio is. But I am clear that what the right ratio is. But I am clear that it what the right ratio is. But I am clear that it is what the right ratio is. But I am clear that it is important what the right ratio is. But I am clear that it is important that what the right ratio is. But I am clear that it is important that we clear that it is important that we continue clear that it is important that we continue to clear that it is important that we continue to see clear that it is important that we continue to see incomes clear that it is important that we continue to see incomes lift clear that it is important that we continue to see incomes lift and clear that it is important that we continue to see incomes lift and we continue to see incomes lift and we do continue to see incomes lift and we do not continue to see incomes lift and we do not see continue to see incomes lift and we do not see the continue to see incomes lift and we do not see the unsustainable continue to see incomes lift and we do not see the unsustainable house do not see the unsustainable house price do not see the unsustainable house price rises do not see the unsustainable house price rises that do not see the unsustainable house price rises that we do not see the unsustainable house price rises that we have do not see the unsustainable house price rises that we have seen do not see the unsustainable house price rises that we have seen in price rises that we have seen in recent price rises that we have seen in recent times. price rises that we have seen in recent times. What price rises that we have seen in recent times. What rate price rises that we have seen in recent times. What rate of price rises that we have seen in recent times. What rate of income recent times. What rate of income growth recent times. What rate of income growth and recent times. What rate of income growth and what recent times. What rate of income growth and what rate recent times. What rate of income growth and what rate of recent times. What rate of income growth and what rate of house recent times. What rate of income growth and what rate of house price growth and what rate of house price growth growth and what rate of house price growth does growth and what rate of house price growth does he growth and what rate of house price growth does he think growth and what rate of house price growth does he think is growth and what rate of house price growth does he think is realistic? growth does he think is realistic? As growth does he think is realistic? As I growth does he think is realistic? As I said growth does he think is realistic? As I said in growth does he think is realistic? As I said in my growth does he think is realistic? As I said in my primary growth does he think is realistic? As I said in my primary answer, growth does he think is realistic? As I said in my primary answer, we As I said in my primary answer, we do As I said in my primary answer, we do want As I said in my primary answer, we do want to As I said in my primary answer, we do want to see As I said in my primary answer, we do want to see wages As I said in my primary answer, we do want to see wages increase As I said in my primary answer, we do want to see wages increase and As I said in my primary answer, we do want to see wages increase and we do want to see wages increase and we have do want to see wages increase and we have seen do want to see wages increase and we have seen wages do want to see wages increase and we have seen wages increase do want to see wages increase and we have seen wages increase under do want to see wages increase and we have seen wages increase under this have seen wages increase under this Government have seen wages increase under this Government and have seen wages increase under this Government and that have seen wages increase under this Government and that is have seen wages increase under this Government and that is important. have seen wages increase under this Government and that is important. We Government and that is important. We will Government and that is important. We will continue Government and that is important. We will continue to Government and that is important. We will continue to push Government and that is important. We will continue to push on Government and that is important. We will continue to push on that. Government and that is important. We will continue to push on that. We will continue to push on that. We have will continue to push on that. We have information will continue to push on that. We have information that will continue to push on that. We have information that comes will continue to push on that. We have information that comes to will continue to push on that. We have information that comes to us, have information that comes to us, via have information that comes to us, via Budget have information that comes to us, via Budget forecasts, have information that comes to us, via Budget forecasts, about have information that comes to us, via Budget forecasts, about where via Budget forecasts, about where The via Budget forecasts, about where The Treasury via Budget forecasts, about where The Treasury thinks via Budget forecasts, about where The Treasury thinks that via Budget forecasts, about where The Treasury thinks that will via Budget forecasts, about where The Treasury thinks that will go. The Treasury thinks that will go. It's The Treasury thinks that will go. It's been The Treasury thinks that will go. It's been in The Treasury thinks that will go. It's been in the The Treasury thinks that will go. It's been in the order The Treasury thinks that will go. It's been in the order of The Treasury thinks that will go. It's been in the order of 3 The Treasury thinks that will go. It's been in the order of 3 to The Treasury thinks that will go. It's been in the order of 3 to 4% It's been in the order of 3 to 4% recently. It's been in the order of 3 to 4% recently. We It's been in the order of 3 to 4% recently. We want It's been in the order of 3 to 4% recently. We want to It's been in the order of 3 to 4% recently. We want to keep It's been in the order of 3 to 4% recently. We want to keep that recently. We want to keep that going, recently. We want to keep that going, as recently. We want to keep that going, as much recently. We want to keep that going, as much as recently. We want to keep that going, as much as we recently. We want to keep that going, as much as we can. recently. We want to keep that going, as much as we can. In recently. We want to keep that going, as much as we can. In terms going, as much as we can. In terms of going, as much as we can. In terms of the going, as much as we can. In terms of the house going, as much as we can. In terms of the house price going, as much as we can. In terms of the house price rises, going, as much as we can. In terms of the house price rises, we going, as much as we can. In terms of the house price rises, we will of the house price rises, we will have of the house price rises, we will have to of the house price rises, we will have to see of the house price rises, we will have to see how of the house price rises, we will have to see how this of the house price rises, we will have to see how this package of the house price rises, we will have to see how this package lands, have to see how this package lands, but have to see how this package lands, but we have to see how this package lands, but we are have to see how this package lands, but we are confident have to see how this package lands, but we are confident that have to see how this package lands, but we are confident that it have to see how this package lands, but we are confident that it will but we are confident that it will lead but we are confident that it will lead to but we are confident that it will lead to a but we are confident that it will lead to a stopping but we are confident that it will lead to a stopping of but we are confident that it will lead to a stopping of the lead to a stopping of the unsustainable lead to a stopping of the unsustainable house lead to a stopping of the unsustainable house price lead to a stopping of the unsustainable house price growth lead to a stopping of the unsustainable house price growth we unsustainable house price growth we have unsustainable house price growth we have seen unsustainable house price growth we have seen but unsustainable house price growth we have seen but that's unsustainable house price growth we have seen but that's why unsustainable house price growth we have seen but that's why we unsustainable house price growth we have seen but that's why we can't have seen but that's why we can't give have seen but that's why we can't give an have seen but that's why we can't give an exact have seen but that's why we can't give an exact figure have seen but that's why we can't give an exact figure because have seen but that's why we can't give an exact figure because we give an exact figure because we haven't give an exact figure because we haven't yet give an exact figure because we haven't yet seen give an exact figure because we haven't yet seen where give an exact figure because we haven't yet seen where the give an exact figure because we haven't yet seen where the package haven't yet seen where the package will haven't yet seen where the package will end. haven't yet seen where the package will end. Can haven't yet seen where the package will end. Can he haven't yet seen where the package will end. Can he confirm haven't yet seen where the package will end. Can he confirm that haven't yet seen where the package will end. Can he confirm that when will end. Can he confirm that when the will end. Can he confirm that when the Government will end. Can he confirm that when the Government says, will end. Can he confirm that when the Government says, "We will end. Can he confirm that when the Government says, "We need the Government says, "We need sustained the Government says, "We need sustained moderate the Government says, "We need sustained moderate growth the Government says, "We need sustained moderate growth in the Government says, "We need sustained moderate growth in house sustained moderate growth in house prices", sustained moderate growth in house prices", it's sustained moderate growth in house prices", it's saying, sustained moderate growth in house prices", it's saying, "We sustained moderate growth in house prices", it's saying, "We need sustained moderate growth in house prices", it's saying, "We need to prices", it's saying, "We need to wait prices", it's saying, "We need to wait decades prices", it's saying, "We need to wait decades if prices", it's saying, "We need to wait decades if we prices", it's saying, "We need to wait decades if we have prices", it's saying, "We need to wait decades if we have 4% prices", it's saying, "We need to wait decades if we have 4% increases wait decades if we have 4% increases in wait decades if we have 4% increases in incomes wait decades if we have 4% increases in incomes to wait decades if we have 4% increases in incomes to get wait decades if we have 4% increases in incomes to get back wait decades if we have 4% increases in incomes to get back to wait decades if we have 4% increases in incomes to get back to the wait decades if we have 4% increases in incomes to get back to the level in incomes to get back to the level of in incomes to get back to the level of affordability in incomes to get back to the level of affordability that in incomes to get back to the level of affordability that we in incomes to get back to the level of affordability that we had in incomes to get back to the level of affordability that we had in of affordability that we had in 2001? of affordability that we had in 2001? Not. of affordability that we had in 2001? Not. The of affordability that we had in 2001? Not. The phrase of affordability that we had in 2001? Not. The phrase "sustained 2001? Not. The phrase "sustained moderation" 2001? Not. The phrase "sustained moderation" is 2001? Not. The phrase "sustained moderation" is one 2001? Not. The phrase "sustained moderation" is one we 2001? Not. The phrase "sustained moderation" is one we have 2001? Not. The phrase "sustained moderation" is one we have used 2001? Not. The phrase "sustained moderation" is one we have used to moderation" is one we have used to highlight moderation" is one we have used to highlight the moderation" is one we have used to highlight the fact moderation" is one we have used to highlight the fact that moderation" is one we have used to highlight the fact that we moderation" is one we have used to highlight the fact that we cannot highlight the fact that we cannot continue highlight the fact that we cannot continue with highlight the fact that we cannot continue with unsustainable highlight the fact that we cannot continue with unsustainable house continue with unsustainable house price continue with unsustainable house price rises continue with unsustainable house price rises in continue with unsustainable house price rises in the continue with unsustainable house price rises in the 20% continue with unsustainable house price rises in the 20% area. continue with unsustainable house price rises in the 20% area. On continue with unsustainable house price rises in the 20% area. On the price rises in the 20% area. On the other price rises in the 20% area. On the other side price rises in the 20% area. On the other side of price rises in the 20% area. On the other side of the price rises in the 20% area. On the other side of the coin, price rises in the 20% area. On the other side of the coin, we price rises in the 20% area. On the other side of the coin, we also price rises in the 20% area. On the other side of the coin, we also know other side of the coin, we also know that other side of the coin, we also know that for other side of the coin, we also know that for most other side of the coin, we also know that for most New other side of the coin, we also know that for most New Zealanders, other side of the coin, we also know that for most New Zealanders, their that for most New Zealanders, their home, that for most New Zealanders, their home, their that for most New Zealanders, their home, their family that for most New Zealanders, their home, their family home, that for most New Zealanders, their home, their family home, the that for most New Zealanders, their home, their family home, the only home, their family home, the only home home, their family home, the only home they home, their family home, the only home they own, home, their family home, the only home they own, is home, their family home, the only home they own, is their home, their family home, the only home they own, is their primary home they own, is their primary asset home they own, is their primary asset and home they own, is their primary asset and we home they own, is their primary asset and we do home they own, is their primary asset and we do not home they own, is their primary asset and we do not want home they own, is their primary asset and we do not want to asset and we do not want to underblind asset and we do not want to underblind the asset and we do not want to underblind the value asset and we do not want to underblind the value of asset and we do not want to underblind the value of that asset and we do not want to underblind the value of that to asset and we do not want to underblind the value of that to an underblind the value of that to an extent underblind the value of that to an extent that underblind the value of that to an extent that would underblind the value of that to an extent that would lead underblind the value of that to an extent that would lead to underblind the value of that to an extent that would lead to further extent that would lead to further economic extent that would lead to further economic shocks extent that would lead to further economic shocks to extent that would lead to further economic shocks to the extent that would lead to further economic shocks to the country. extent that would lead to further economic shocks to the country. Does economic shocks to the country. Does he economic shocks to the country. Does he disagree economic shocks to the country. Does he disagree with economic shocks to the country. Does he disagree with the economic shocks to the country. Does he disagree with the New economic shocks to the country. Does he disagree with the New Zealand he disagree with the New Zealand Herald he disagree with the New Zealand Herald editorial he disagree with the New Zealand Herald editorial which he disagree with the New Zealand Herald editorial which says, he disagree with the New Zealand Herald editorial which says, "House Herald editorial which says, "House prices Herald editorial which says, "House prices need Herald editorial which says, "House prices need to Herald editorial which says, "House prices need to fall Herald editorial which says, "House prices need to fall and Herald editorial which says, "House prices need to fall and sooner prices need to fall and sooner rather prices need to fall and sooner rather than prices need to fall and sooner rather than later"? prices need to fall and sooner rather than later"? As prices need to fall and sooner rather than later"? As we prices need to fall and sooner rather than later"? As we have prices need to fall and sooner rather than later"? As we have said rather than later"? As we have said many rather than later"? As we have said many times, rather than later"? As we have said many times, our rather than later"? As we have said many times, our goal rather than later"? As we have said many times, our goal here rather than later"? As we have said many times, our goal here is rather than later"? As we have said many times, our goal here is to rather than later"? As we have said many times, our goal here is to stop many times, our goal here is to stop the many times, our goal here is to stop the unsustainable many times, our goal here is to stop the unsustainable house many times, our goal here is to stop the unsustainable house price many times, our goal here is to stop the unsustainable house price rises the unsustainable house price rises that the unsustainable house price rises that we the unsustainable house price rises that we have the unsustainable house price rises that we have seen. the unsustainable house price rises that we have seen. We the unsustainable house price rises that we have seen. We know the unsustainable house price rises that we have seen. We know all the unsustainable house price rises that we have seen. We know all New that we have seen. We know all New Zealanders that we have seen. We know all New Zealanders know that we have seen. We know all New Zealanders know that that we have seen. We know all New Zealanders know that the that we have seen. We know all New Zealanders know that the situation Zealanders know that the situation of Zealanders know that the situation of the Zealanders know that the situation of the last Zealanders know that the situation of the last part Zealanders know that the situation of the last part of Zealanders know that the situation of the last part of last Zealanders know that the situation of the last part of last year Zealanders know that the situation of the last part of last year does of the last part of last year does mean of the last part of last year does mean we of the last part of last year does mean we are of the last part of last year does mean we are seeing of the last part of last year does mean we are seeing first of the last part of last year does mean we are seeing first home of the last part of last year does mean we are seeing first home buyers mean we are seeing first home buyers locked mean we are seeing first home buyers locked out. mean we are seeing first home buyers locked out. We mean we are seeing first home buyers locked out. We have mean we are seeing first home buyers locked out. We have announced mean we are seeing first home buyers locked out. We have announced a locked out. We have announced a package locked out. We have announced a package of locked out. We have announced a package of initiatives locked out. We have announced a package of initiatives that locked out. We have announced a package of initiatives that will package of initiatives that will make package of initiatives that will make sure package of initiatives that will make sure that package of initiatives that will make sure that things package of initiatives that will make sure that things are package of initiatives that will make sure that things are more make sure that things are more affordable. make sure that things are more affordable. But make sure that things are more affordable. But also make sure that things are more affordable. But also we make sure that things are more affordable. But also we have make sure that things are more affordable. But also we have to affordable. But also we have to recognise affordable. But also we have to recognise that affordable. But also we have to recognise that this affordable. But also we have to recognise that this is affordable. But also we have to recognise that this is a affordable. But also we have to recognise that this is a big, recognise that this is a big, complex, recognise that this is a big, complex, longstanding recognise that this is a big, complex, longstanding challenge recognise that this is a big, complex, longstanding challenge that complex, longstanding challenge that will complex, longstanding challenge that will require complex, longstanding challenge that will require sustained complex, longstanding challenge that will require sustained action complex, longstanding challenge that will require sustained action in will require sustained action in order will require sustained action in order to will require sustained action in order to be will require sustained action in order to be able will require sustained action in order to be able to will require sustained action in order to be able to achieve will require sustained action in order to be able to achieve more order to be able to achieve more affordable order to be able to achieve more affordable homes order to be able to achieve more affordable homes for order to be able to achieve more affordable homes for New order to be able to achieve more affordable homes for New Zealanders. affordable homes for New Zealanders. So affordable homes for New Zealanders. So if, affordable homes for New Zealanders. So if, as affordable homes for New Zealanders. So if, as he affordable homes for New Zealanders. So if, as he hopes, affordable homes for New Zealanders. So if, as he hopes, house affordable homes for New Zealanders. So if, as he hopes, house prices So if, as he hopes, house prices don't So if, as he hopes, house prices don't fall So if, as he hopes, house prices don't fall from So if, as he hopes, house prices don't fall from where So if, as he hopes, house prices don't fall from where they So if, as he hopes, house prices don't fall from where they are So if, as he hopes, house prices don't fall from where they are right don't fall from where they are right now don't fall from where they are right now and don't fall from where they are right now and incomes don't fall from where they are right now and incomes continue don't fall from where they are right now and incomes continue to don't fall from where they are right now and incomes continue to grow don't fall from where they are right now and incomes continue to grow at now and incomes continue to grow at an now and incomes continue to grow at an elevated now and incomes continue to grow at an elevated rate now and incomes continue to grow at an elevated rate of now and incomes continue to grow at an elevated rate of 4% now and incomes continue to grow at an elevated rate of 4% a now and incomes continue to grow at an elevated rate of 4% a year, now and incomes continue to grow at an elevated rate of 4% a year, is an elevated rate of 4% a year, is his an elevated rate of 4% a year, is his Government an elevated rate of 4% a year, is his Government happy an elevated rate of 4% a year, is his Government happy that an elevated rate of 4% a year, is his Government happy that it an elevated rate of 4% a year, is his Government happy that it will his Government happy that it will take his Government happy that it will take at his Government happy that it will take at least his Government happy that it will take at least half his Government happy that it will take at least half a his Government happy that it will take at least half a century his Government happy that it will take at least half a century to his Government happy that it will take at least half a century to get take at least half a century to get back take at least half a century to get back to take at least half a century to get back to the take at least half a century to get back to the affordability take at least half a century to get back to the affordability we take at least half a century to get back to the affordability we had take at least half a century to get back to the affordability we had in back to the affordability we had in 2001? back to the affordability we had in 2001? The back to the affordability we had in 2001? The point back to the affordability we had in 2001? The point that back to the affordability we had in 2001? The point that I'm back to the affordability we had in 2001? The point that I'm making back to the affordability we had in 2001? The point that I'm making is 2001? The point that I'm making is that 2001? The point that I'm making is that house 2001? The point that I'm making is that house prices 2001? The point that I'm making is that house prices and 2001? The point that I'm making is that house prices and where 2001? The point that I'm making is that house prices and where they 2001? The point that I'm making is that house prices and where they go that house prices and where they go are that house prices and where they go are the that house prices and where they go are the function that house prices and where they go are the function of that house prices and where they go are the function of a that house prices and where they go are the function of a number that house prices and where they go are the function of a number of are the function of a number of factors. are the function of a number of factors. Some are the function of a number of factors. Some of are the function of a number of factors. Some of which are the function of a number of factors. Some of which the factors. Some of which the government factors. Some of which the government has factors. Some of which the government has some factors. Some of which the government has some control factors. Some of which the government has some control of, factors. Some of which the government has some control of, some government has some control of, some of government has some control of, some of which government has some control of, some of which the government has some control of, some of which the government government has some control of, some of which the government does government has some control of, some of which the government does not of which the government does not have of which the government does not have control of which the government does not have control of. of which the government does not have control of. So of which the government does not have control of. So it's of which the government does not have control of. So it's not, of which the government does not have control of. So it's not, in of which the government does not have control of. So it's not, in my have control of. So it's not, in my view, have control of. So it's not, in my view, fair have control of. So it's not, in my view, fair to have control of. So it's not, in my view, fair to characterise have control of. So it's not, in my view, fair to characterise it have control of. So it's not, in my view, fair to characterise it the view, fair to characterise it the way view, fair to characterise it the way the view, fair to characterise it the way the member view, fair to characterise it the way the member did. view, fair to characterise it the way the member did. What view, fair to characterise it the way the member did. What we view, fair to characterise it the way the member did. What we are way the member did. What we are working way the member did. What we are working towards way the member did. What we are working towards is way the member did. What we are working towards is an way the member did. What we are working towards is an environment working towards is an environment where working towards is an environment where first working towards is an environment where first home working towards is an environment where first home buyers working towards is an environment where first home buyers get working towards is an environment where first home buyers get a working towards is an environment where first home buyers get a fair where first home buyers get a fair go, where first home buyers get a fair go, where where first home buyers get a fair go, where we where first home buyers get a fair go, where we make where first home buyers get a fair go, where we make sure where first home buyers get a fair go, where we make sure we where first home buyers get a fair go, where we make sure we encourage go, where we make sure we encourage investment go, where we make sure we encourage investment in go, where we make sure we encourage investment in new go, where we make sure we encourage investment in new builds. go, where we make sure we encourage investment in new builds. Where go, where we make sure we encourage investment in new builds. Where we investment in new builds. Where we make investment in new builds. Where we make sure investment in new builds. Where we make sure we investment in new builds. Where we make sure we do investment in new builds. Where we make sure we do haven't investment in new builds. Where we make sure we do haven't an make sure we do haven't an environment make sure we do haven't an environment where make sure we do haven't an environment where renters make sure we do haven't an environment where renters can make sure we do haven't an environment where renters can live environment where renters can live in environment where renters can live in warm, environment where renters can live in warm, dry, environment where renters can live in warm, dry, safe environment where renters can live in warm, dry, safe housing. environment where renters can live in warm, dry, safe housing. All in warm, dry, safe housing. All those in warm, dry, safe housing. All those things in warm, dry, safe housing. All those things will in warm, dry, safe housing. All those things will take in warm, dry, safe housing. All those things will take time, in warm, dry, safe housing. All those things will take time, I those things will take time, I acknowledge those things will take time, I acknowledge that. those things will take time, I acknowledge that. But those things will take time, I acknowledge that. But I those things will take time, I acknowledge that. But I wouldn't acknowledge that. But I wouldn't characterise acknowledge that. But I wouldn't characterise our acknowledge that. But I wouldn't characterise our policy acknowledge that. But I wouldn't characterise our policy the acknowledge that. But I wouldn't characterise our policy the way acknowledge that. But I wouldn't characterise our policy the way that characterise our policy the way that the characterise our policy the way that the member characterise our policy the way that the member has. characterise our policy the way that the member has. Does characterise our policy the way that the member has. Does he characterise our policy the way that the member has. Does he consider the member has. Does he consider affordable the member has. Does he consider affordable housing the member has. Does he consider affordable housing in the member has. Does he consider affordable housing in terms the member has. Does he consider affordable housing in terms of the member has. Does he consider affordable housing in terms of both affordable housing in terms of both house affordable housing in terms of both house prices affordable housing in terms of both house prices and affordable housing in terms of both house prices and rent affordable housing in terms of both house prices and rent to affordable housing in terms of both house prices and rent to be affordable housing in terms of both house prices and rent to be a affordable housing in terms of both house prices and rent to be a human house prices and rent to be a human house prices and rent to be a human house prices and rent to be a human right? sorry, house prices and rent to be a human right? sorry, I house prices and rent to be a human right? sorry, I missed house prices and rent to be a human right? sorry, I missed the house prices and rent to be a human right? sorry, I missed the end house prices and rent to be a human right? sorry, I missed the end of right? sorry, I missed the end of that. right? sorry, I missed the end of that. Does right? sorry, I missed the end of that. Does he right? sorry, I missed the end of that. Does he consider right? sorry, I missed the end of that. Does he consider affordable that. Does he consider affordable housing, that. Does he consider affordable housing, both that. Does he consider affordable housing, both in that. Does he consider affordable housing, both in terms that. Does he consider affordable housing, both in terms of that. Does he consider affordable housing, both in terms of rent that. Does he consider affordable housing, both in terms of rent and housing, both in terms of rent and house housing, both in terms of rent and house prices housing, both in terms of rent and house prices to housing, both in terms of rent and house prices to be housing, both in terms of rent and house prices to be a housing, both in terms of rent and house prices to be a human housing, both in terms of rent and house prices to be a human right? house prices to be a human right? Certainly house prices to be a human right? Certainly I house prices to be a human right? Certainly I believe house prices to be a human right? Certainly I believe that house prices to be a human right? Certainly I believe that on house prices to be a human right? Certainly I believe that on behalf Certainly I believe that on behalf of Certainly I believe that on behalf of this Certainly I believe that on behalf of this Government Certainly I believe that on behalf of this Government that Certainly I believe that on behalf of this Government that we Certainly I believe that on behalf of this Government that we believe of this Government that we believe that of this Government that we believe that every of this Government that we believe that every New of this Government that we believe that every New Zealander of this Government that we believe that every New Zealander should of this Government that we believe that every New Zealander should be that every New Zealander should be able that every New Zealander should be able to that every New Zealander should be able to live that every New Zealander should be able to live in that every New Zealander should be able to live in a that every New Zealander should be able to live in a warm, that every New Zealander should be able to live in a warm, dry, that every New Zealander should be able to live in a warm, dry, safe able to live in a warm, dry, safe and able to live in a warm, dry, safe and affordable able to live in a warm, dry, safe and affordable home. able to live in a warm, dry, safe and affordable home. <INTERRUPTION>. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister for My question is to the Minister for Social My question is to the Minister for Social Development My question is to the Minister for Social Development and My question is to the Minister for Social Development and Employment: Social Development and Employment: What Social Development and Employment: What reports Social Development and Employment: What reports has Social Development and Employment: What reports has she Social Development and Employment: What reports has she seen Social Development and Employment: What reports has she seen about What reports has she seen about employment What reports has she seen about employment in What reports has she seen about employment in the What reports has she seen about employment in the construction employment in the construction sector? One One of One of the One of the highlightings One of the highlightings of One of the highlightings of last One of the highlightings of last month's One of the highlightings of last month's household One of the highlightings of last month's household labour One of the highlightings of last month's household labour force month's household labour force survey month's household labour force survey was month's household labour force survey was the month's household labour force survey was the year month's household labour force survey was the year on month's household labour force survey was the year on year month's household labour force survey was the year on year increase survey was the year on year increase in survey was the year on year increase in the survey was the year on year increase in the number survey was the year on year increase in the number of survey was the year on year increase in the number of people survey was the year on year increase in the number of people employed survey was the year on year increase in the number of people employed in in the number of people employed in the in the number of people employed in the construction in the number of people employed in the construction sector. in the number of people employed in the construction sector. There in the number of people employed in the construction sector. There are the construction sector. There are now the construction sector. There are now 278,000 the construction sector. There are now 278,000 people the construction sector. There are now 278,000 people employed the construction sector. There are now 278,000 people employed in the construction sector. There are now 278,000 people employed in the now 278,000 people employed in the sector, now 278,000 people employed in the sector, an now 278,000 people employed in the sector, an increase now 278,000 people employed in the sector, an increase of now 278,000 people employed in the sector, an increase of 21,000 now 278,000 people employed in the sector, an increase of 21,000 people sector, an increase of 21,000 people since sector, an increase of 21,000 people since December sector, an increase of 21,000 people since December 2019. sector, an increase of 21,000 people since December 2019. This sector, an increase of 21,000 people since December 2019. This increase since December 2019. This increase shows since December 2019. This increase shows that since December 2019. This increase shows that not since December 2019. This increase shows that not only since December 2019. This increase shows that not only has since December 2019. This increase shows that not only has the shows that not only has the construction shows that not only has the construction sector shows that not only has the construction sector weathered construction sector weathered COVID-19, construction sector weathered COVID-19, it construction sector weathered COVID-19, it has construction sector weathered COVID-19, it has rebounded construction sector weathered COVID-19, it has rebounded and construction sector weathered COVID-19, it has rebounded and it construction sector weathered COVID-19, it has rebounded and it is COVID-19, it has rebounded and it is providing COVID-19, it has rebounded and it is providing more COVID-19, it has rebounded and it is providing more employment providing more employment opportunities providing more employment opportunities for providing more employment opportunities for New providing more employment opportunities for New Zealanders. opportunities for New Zealanders. How opportunities for New Zealanders. How has opportunities for New Zealanders. How has MSD opportunities for New Zealanders. How has MSD worked opportunities for New Zealanders. How has MSD worked with opportunities for New Zealanders. How has MSD worked with the How has MSD worked with the construction How has MSD worked with the construction industry How has MSD worked with the construction industry to How has MSD worked with the construction industry to prepare How has MSD worked with the construction industry to prepare job construction industry to prepare job seekers construction industry to prepare job seekers for construction industry to prepare job seekers for opportunities construction industry to prepare job seekers for opportunities in construction industry to prepare job seekers for opportunities in the seekers for opportunities in the construction seekers for opportunities in the construction industry? seekers for opportunities in the construction industry? Mr seekers for opportunities in the construction industry? Mr Speaker, construction industry? Mr Speaker, through construction industry? Mr Speaker, through MSD's construction industry? Mr Speaker, through MSD's industry construction industry? Mr Speaker, through MSD's industry partnership, through MSD's industry partnership, MSD through MSD's industry partnership, MSD worked through MSD's industry partnership, MSD worked closely through MSD's industry partnership, MSD worked closely with through MSD's industry partnership, MSD worked closely with employers, MSD worked closely with employers, including MSD worked closely with employers, including in MSD worked closely with employers, including in the MSD worked closely with employers, including in the construction including in the construction industry, including in the construction industry, to including in the construction industry, to identify including in the construction industry, to identify what including in the construction industry, to identify what skills industry, to identify what skills are industry, to identify what skills are needed industry, to identify what skills are needed for industry, to identify what skills are needed for new industry, to identify what skills are needed for new employees. are needed for new employees. Through are needed for new employees. Through the are needed for new employees. Through the construction are needed for new employees. Through the construction skills Through the construction skills action Through the construction skills action plan Through the construction skills action plan and Through the construction skills action plan and construction Through the construction skills action plan and construction accord, action plan and construction accord, launched action plan and construction accord, launched in action plan and construction accord, launched in 2018, action plan and construction accord, launched in 2018, MSD action plan and construction accord, launched in 2018, MSD aimed action plan and construction accord, launched in 2018, MSD aimed to launched in 2018, MSD aimed to support launched in 2018, MSD aimed to support 4,000 launched in 2018, MSD aimed to support 4,000 training launched in 2018, MSD aimed to support 4,000 training and support 4,000 training and employment support 4,000 training and employment places support 4,000 training and employment places to support 4,000 training and employment places to prepare support 4,000 training and employment places to prepare people employment places to prepare people to employment places to prepare people to work employment places to prepare people to work in employment places to prepare people to work in the employment places to prepare people to work in the construction to work in the construction industry. to work in the construction industry. We've to work in the construction industry. We've delivered to work in the construction industry. We've delivered early to work in the construction industry. We've delivered early on industry. We've delivered early on that industry. We've delivered early on that target, industry. We've delivered early on that target, supporting industry. We've delivered early on that target, supporting more industry. We've delivered early on that target, supporting more than that target, supporting more than 9,300 that target, supporting more than 9,300 people that target, supporting more than 9,300 people taking that target, supporting more than 9,300 people taking up that target, supporting more than 9,300 people taking up education that target, supporting more than 9,300 people taking up education or 9,300 people taking up education or employment 9,300 people taking up education or employment opportunities 9,300 people taking up education or employment opportunities in 9,300 people taking up education or employment opportunities in the employment opportunities in the construction employment opportunities in the construction sector employment opportunities in the construction sector to employment opportunities in the construction sector to date. employment opportunities in the construction sector to date. What construction sector to date. What help construction sector to date. What help is construction sector to date. What help is available construction sector to date. What help is available for construction sector to date. What help is available for employers construction sector to date. What help is available for employers in help is available for employers in the help is available for employers in the construction help is available for employers in the construction industry, help is available for employers in the construction industry, who help is available for employers in the construction industry, who need the construction industry, who need staff? the construction industry, who need staff? Through the construction industry, who need staff? Through the the construction industry, who need staff? Through the apprenticeship staff? Through the apprenticeship boost staff? Through the apprenticeship boost initiative staff? Through the apprenticeship boost initiative employers staff? Through the apprenticeship boost initiative employers can boost initiative employers can access boost initiative employers can access a boost initiative employers can access a subsidy boost initiative employers can access a subsidy of boost initiative employers can access a subsidy of $1,000 boost initiative employers can access a subsidy of $1,000 per boost initiative employers can access a subsidy of $1,000 per month access a subsidy of $1,000 per month for access a subsidy of $1,000 per month for first access a subsidy of $1,000 per month for first year access a subsidy of $1,000 per month for first year apprentices, access a subsidy of $1,000 per month for first year apprentices, and access a subsidy of $1,000 per month for first year apprentices, and $500 for first year apprentices, and $500 per for first year apprentices, and $500 per month for first year apprentices, and $500 per month for for first year apprentices, and $500 per month for second-year per month for second-year apprentices. per month for second-year apprentices. Last per month for second-year apprentices. Last week, per month for second-year apprentices. Last week, Minister apprentices. Last week, Minister Hipkins apprentices. Last week, Minister Hipkins and apprentices. Last week, Minister Hipkins and I apprentices. Last week, Minister Hipkins and I announced apprentices. Last week, Minister Hipkins and I announced a apprentices. Last week, Minister Hipkins and I announced a 4-month Hipkins and I announced a 4-month extension Hipkins and I announced a 4-month extension to Hipkins and I announced a 4-month extension to this Hipkins and I announced a 4-month extension to this support. Hipkins and I announced a 4-month extension to this support. Flexi extension to this support. Flexi wage extension to this support. Flexi wage is extension to this support. Flexi wage is another extension to this support. Flexi wage is another important extension to this support. Flexi wage is another important initiative wage is another important initiative which wage is another important initiative which subsidises wage is another important initiative which subsidises employees, wage is another important initiative which subsidises employees, wages wage is another important initiative which subsidises employees, wages to which subsidises employees, wages to give which subsidises employees, wages to give employers which subsidises employees, wages to give employers confidence which subsidises employees, wages to give employers confidence to which subsidises employees, wages to give employers confidence to take which subsidises employees, wages to give employers confidence to take on give employers confidence to take on and give employers confidence to take on and train give employers confidence to take on and train people, give employers confidence to take on and train people, as give employers confidence to take on and train people, as well give employers confidence to take on and train people, as well as give employers confidence to take on and train people, as well as to give employers confidence to take on and train people, as well as to help and train people, as well as to help sustain and train people, as well as to help sustain and and train people, as well as to help sustain and grow and train people, as well as to help sustain and grow their and train people, as well as to help sustain and grow their business. and train people, as well as to help sustain and grow their business. On sustain and grow their business. On top sustain and grow their business. On top of sustain and grow their business. On top of this, sustain and grow their business. On top of this, last sustain and grow their business. On top of this, last week sustain and grow their business. On top of this, last week I sustain and grow their business. On top of this, last week I announced sustain and grow their business. On top of this, last week I announced a top of this, last week I announced a $5.5 top of this, last week I announced a $5.5 million top of this, last week I announced a $5.5 million boost top of this, last week I announced a $5.5 million boost for top of this, last week I announced a $5.5 million boost for providers top of this, last week I announced a $5.5 million boost for providers as $5.5 million boost for providers as part $5.5 million boost for providers as part of $5.5 million boost for providers as part of Maori $5.5 million boost for providers as part of Maori Trades $5.5 million boost for providers as part of Maori Trades and $5.5 million boost for providers as part of Maori Trades and Training. part of Maori Trades and Training. Through part of Maori Trades and Training. Through working part of Maori Trades and Training. Through working together part of Maori Trades and Training. Through working together with Through working together with industry, Through working together with industry, we Through working together with industry, we are Through working together with industry, we are seeing Through working together with industry, we are seeing positive industry, we are seeing positive steps industry, we are seeing positive steps forward industry, we are seeing positive steps forward to industry, we are seeing positive steps forward to ensure industry, we are seeing positive steps forward to ensure we industry, we are seeing positive steps forward to ensure we have industry, we are seeing positive steps forward to ensure we have a steps forward to ensure we have a workforce steps forward to ensure we have a workforce ready steps forward to ensure we have a workforce ready to steps forward to ensure we have a workforce ready to meet steps forward to ensure we have a workforce ready to meet the steps forward to ensure we have a workforce ready to meet the demands workforce ready to meet the demands of workforce ready to meet the demands of the workforce ready to meet the demands of the future. workforce ready to meet the demands of the future. Andrew workforce ready to meet the demands of the future. Andrew Bayly. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Finance: My question is to the Minister of Finance: Does My question is to the Minister of Finance: Does he My question is to the Minister of Finance: Does he stand My question is to the Minister of Finance: Does he stand by My question is to the Minister of Finance: Does he stand by all My question is to the Minister of Finance: Does he stand by all of My question is to the Minister of Finance: Does he stand by all of his Finance: Does he stand by all of his statements Finance: Does he stand by all of his statements and Finance: Does he stand by all of his statements and actions? Yes, Yes, including Yes, including my Yes, including my answer Yes, including my answer to Yes, including my answer to the Yes, including my answer to the member's Yes, including my answer to the member's identical Yes, including my answer to the member's identical question member's identical question yesterday. member's identical question yesterday. <INTERRUPTION> yesterday. <INTERRUPTION> Why yesterday. <INTERRUPTION> Why did yesterday. <INTERRUPTION> Why did he yesterday. <INTERRUPTION> Why did he tell yesterday. <INTERRUPTION> Why did he tell Mike yesterday. <INTERRUPTION> Why did he tell Mike Hoskings yesterday. <INTERRUPTION> Why did he tell Mike Hoskings this Why did he tell Mike Hoskings this morning Why did he tell Mike Hoskings this morning his Why did he tell Mike Hoskings this morning his property Why did he tell Mike Hoskings this morning his property tax Why did he tell Mike Hoskings this morning his property tax changes Why did he tell Mike Hoskings this morning his property tax changes are morning his property tax changes are a morning his property tax changes are a reaction morning his property tax changes are a reaction to morning his property tax changes are a reaction to a morning his property tax changes are a reaction to a "very morning his property tax changes are a reaction to a "very specific morning his property tax changes are a reaction to a "very specific set a reaction to a "very specific set of a reaction to a "very specific set of circumstances", a reaction to a "very specific set of circumstances", and a reaction to a "very specific set of circumstances", and does a reaction to a "very specific set of circumstances", and does this of circumstances", and does this mean of circumstances", and does this mean he of circumstances", and does this mean he thinks of circumstances", and does this mean he thinks housing of circumstances", and does this mean he thinks housing has of circumstances", and does this mean he thinks housing has only of circumstances", and does this mean he thinks housing has only back mean he thinks housing has only back unaffordable mean he thinks housing has only back unaffordable in mean he thinks housing has only back unaffordable in the mean he thinks housing has only back unaffordable in the last mean he thinks housing has only back unaffordable in the last six mean he thinks housing has only back unaffordable in the last six months? unaffordable in the last six months? In unaffordable in the last six months? In answer unaffordable in the last six months? In answer to unaffordable in the last six months? In answer to the unaffordable in the last six months? In answer to the second unaffordable in the last six months? In answer to the second part unaffordable in the last six months? In answer to the second part of unaffordable in the last six months? In answer to the second part of the In answer to the second part of the question, In answer to the second part of the question, no. In answer to the second part of the question, no. In In answer to the second part of the question, no. In answer In answer to the second part of the question, no. In answer to In answer to the second part of the question, no. In answer to the In answer to the second part of the question, no. In answer to the first question, no. In answer to the first part question, no. In answer to the first part of question, no. In answer to the first part of the question, no. In answer to the first part of the question, question, no. In answer to the first part of the question, the question, no. In answer to the first part of the question, the member question, no. In answer to the first part of the question, the member may part of the question, the member may not part of the question, the member may not have part of the question, the member may not have seen part of the question, the member may not have seen the part of the question, the member may not have seen the reports part of the question, the member may not have seen the reports throughout not have seen the reports throughout 2020 not have seen the reports throughout 2020 that not have seen the reports throughout 2020 that people not have seen the reports throughout 2020 that people expected not have seen the reports throughout 2020 that people expected that not have seen the reports throughout 2020 that people expected that the 2020 that people expected that the effect 2020 that people expected that the effect of 2020 that people expected that the effect of COVID-19 2020 that people expected that the effect of COVID-19 would 2020 that people expected that the effect of COVID-19 would be 2020 that people expected that the effect of COVID-19 would be a effect of COVID-19 would be a significant effect of COVID-19 would be a significant reduction effect of COVID-19 would be a significant reduction in effect of COVID-19 would be a significant reduction in house significant reduction in house prices. significant reduction in house prices. And significant reduction in house prices. And the significant reduction in house prices. And the opposite significant reduction in house prices. And the opposite occurred. prices. And the opposite occurred. Was prices. And the opposite occurred. Was he prices. And the opposite occurred. Was he aware prices. And the opposite occurred. Was he aware when prices. And the opposite occurred. Was he aware when he prices. And the opposite occurred. Was he aware when he made prices. And the opposite occurred. Was he aware when he made his Was he aware when he made his promise Was he aware when he made his promise not Was he aware when he made his promise not to Was he aware when he made his promise not to change Was he aware when he made his promise not to change the promise not to change the bright-line promise not to change the bright-line test promise not to change the bright-line test six promise not to change the bright-line test six months promise not to change the bright-line test six months ago bright-line test six months ago house bright-line test six months ago house prices bright-line test six months ago house prices had bright-line test six months ago house prices had already bright-line test six months ago house prices had already increased house prices had already increased 160,000 house prices had already increased 160,000 since house prices had already increased 160,000 since he house prices had already increased 160,000 since he had house prices had already increased 160,000 since he had been house prices had already increased 160,000 since he had been Finance 160,000 since he had been Finance Minister? 160,000 since he had been Finance Minister? And 160,000 since he had been Finance Minister? And is 160,000 since he had been Finance Minister? And is he 160,000 since he had been Finance Minister? And is he seriously 160,000 since he had been Finance Minister? And is he seriously trying Minister? And is he seriously trying to Minister? And is he seriously trying to justify Minister? And is he seriously trying to justify his Minister? And is he seriously trying to justify his broken Minister? And is he seriously trying to justify his broken promise to justify his broken promise business to justify his broken promise business claiming to justify his broken promise business claiming it to justify his broken promise business claiming it wasn't to justify his broken promise business claiming it wasn't a business claiming it wasn't a problem business claiming it wasn't a problem last business claiming it wasn't a problem last September? business claiming it wasn't a problem last September? Answer business claiming it wasn't a problem last September? Answer the problem last September? Answer the question, problem last September? Answer the question, it's problem last September? Answer the question, it's not... problem last September? Answer the question, it's not... What problem last September? Answer the question, it's not... What I problem last September? Answer the question, it's not... What I can question, it's not... What I can tell question, it's not... What I can tell the question, it's not... What I can tell the member question, it's not... What I can tell the member is question, it's not... What I can tell the member is that question, it's not... What I can tell the member is that I question, it's not... What I can tell the member is that I think question, it's not... What I can tell the member is that I think on tell the member is that I think on about tell the member is that I think on about the tell the member is that I think on about the 14th tell the member is that I think on about the 14th or tell the member is that I think on about the 14th or 15 tell the member is that I think on about the 14th or 15 September tell the member is that I think on about the 14th or 15 September The about the 14th or 15 September The Treasury about the 14th or 15 September The Treasury released about the 14th or 15 September The Treasury released the about the 14th or 15 September The Treasury released the pre-election Treasury released the pre-election fiscal Treasury released the pre-election fiscal update, Treasury released the pre-election fiscal update, which Treasury released the pre-election fiscal update, which projected Treasury released the pre-election fiscal update, which projected house fiscal update, which projected house prices fiscal update, which projected house prices would fiscal update, which projected house prices would be fiscal update, which projected house prices would be declining. fiscal update, which projected house prices would be declining. That's prices would be declining. That's right! prices would be declining. That's right! Why prices would be declining. That's right! Why did prices would be declining. That's right! Why did he prices would be declining. That's right! Why did he tell prices would be declining. That's right! Why did he tell renters prices would be declining. That's right! Why did he tell renters that right! Why did he tell renters that they right! Why did he tell renters that they could right! Why did he tell renters that they could "locals right! Why did he tell renters that they could "locals where", right! Why did he tell renters that they could "locals where", when they could "locals where", when their they could "locals where", when their rents they could "locals where", when their rents went they could "locals where", when their rents went up they could "locals where", when their rents went up and they could "locals where", when their rents went up and what they could "locals where", when their rents went up and what is they could "locals where", when their rents went up and what is his their rents went up and what is his response their rents went up and what is his response to their rents went up and what is his response to Michael their rents went up and what is his response to Michael who their rents went up and what is his response to Michael who told their rents went up and what is his response to Michael who told the response to Michael who told the Herald response to Michael who told the Herald that response to Michael who told the Herald that it response to Michael who told the Herald that it was response to Michael who told the Herald that it was easier response to Michael who told the Herald that it was easier to response to Michael who told the Herald that it was easier to find response to Michael who told the Herald that it was easier to find a Herald that it was easier to find a job Herald that it was easier to find a job rather Herald that it was easier to find a job rather than Herald that it was easier to find a job rather than a Herald that it was easier to find a job rather than a flat Herald that it was easier to find a job rather than a flat in job rather than a flat in Wellington? job rather than a flat in Wellington? Well, job rather than a flat in Wellington? Well, Mr job rather than a flat in Wellington? Well, Mr Speaker, job rather than a flat in Wellington? Well, Mr Speaker, I Wellington? Well, Mr Speaker, I think Wellington? Well, Mr Speaker, I think the Wellington? Well, Mr Speaker, I think the member Wellington? Well, Mr Speaker, I think the member is think the member is mischaracterising think the member is mischaracterising what think the member is mischaracterising what I think the member is mischaracterising what I said. think the member is mischaracterising what I said. What mischaracterising what I said. What I mischaracterising what I said. What I said mischaracterising what I said. What I said was mischaracterising what I said. What I said was in mischaracterising what I said. What I said was in response mischaracterising what I said. What I said was in response to mischaracterising what I said. What I said was in response to a mischaracterising what I said. What I said was in response to a question I said was in response to a question about I said was in response to a question about somebody I said was in response to a question about somebody increasing I said was in response to a question about somebody increasing rents I said was in response to a question about somebody increasing rents by about somebody increasing rents by $150 about somebody increasing rents by $150 a about somebody increasing rents by $150 a week about somebody increasing rents by $150 a week as about somebody increasing rents by $150 a week as a about somebody increasing rents by $150 a week as a result about somebody increasing rents by $150 a week as a result of about somebody increasing rents by $150 a week as a result of the $150 a week as a result of the Government's $150 a week as a result of the Government's announcements Government's announcements yesterday, Government's announcements yesterday, that Government's announcements yesterday, that actually Government's announcements yesterday, that actually there Government's announcements yesterday, that actually there would yesterday, that actually there would be yesterday, that actually there would be a yesterday, that actually there would be a number yesterday, that actually there would be a number of yesterday, that actually there would be a number of factors yesterday, that actually there would be a number of factors in yesterday, that actually there would be a number of factors in why yesterday, that actually there would be a number of factors in why - be a number of factors in why - what... be a number of factors in why - what... <INTERRUPTION> be a number of factors in why - what... <INTERRUPTION> What what... <INTERRUPTION> What constructs what... <INTERRUPTION> What constructs a what... <INTERRUPTION> What constructs a rental what... <INTERRUPTION> What constructs a rental price. what... <INTERRUPTION> What constructs a rental price. That constructs a rental price. That includes constructs a rental price. That includes supply constructs a rental price. That includes supply and constructs a rental price. That includes supply and demand constructs a rental price. That includes supply and demand and includes supply and demand and people's includes supply and demand and people's ability includes supply and demand and people's ability to includes supply and demand and people's ability to pay. includes supply and demand and people's ability to pay. What people's ability to pay. What interest people's ability to pay. What interest rates people's ability to pay. What interest rates me, people's ability to pay. What interest rates me, Mr people's ability to pay. What interest rates me, Mr Speaker, people's ability to pay. What interest rates me, Mr Speaker, what interest rates me, Mr Speaker, what interests interest rates me, Mr Speaker, what interests me interest rates me, Mr Speaker, what interests me in interest rates me, Mr Speaker, what interests me in the interest rates me, Mr Speaker, what interests me in the response interest rates me, Mr Speaker, what interests me in the response of interest rates me, Mr Speaker, what interests me in the response of Mr interests me in the response of Mr Bayly interests me in the response of Mr Bayly and interests me in the response of Mr Bayly and the interests me in the response of Mr Bayly and the National interests me in the response of Mr Bayly and the National Party interests me in the response of Mr Bayly and the National Party to interests me in the response of Mr Bayly and the National Party to this Bayly and the National Party to this package Bayly and the National Party to this package is Bayly and the National Party to this package is they Bayly and the National Party to this package is they clearly Bayly and the National Party to this package is they clearly have Bayly and the National Party to this package is they clearly have chosen package is they clearly have chosen their package is they clearly have chosen their side package is they clearly have chosen their side and package is they clearly have chosen their side and that package is they clearly have chosen their side and that is package is they clearly have chosen their side and that is the package is they clearly have chosen their side and that is the side package is they clearly have chosen their side and that is the side of their side and that is the side of speculators. their side and that is the side of speculators. <INTERRUPTION> their side and that is the side of speculators. <INTERRUPTION> Further speculators. <INTERRUPTION> Further supplementary speculators. <INTERRUPTION> Further supplementary snot speculators. <INTERRUPTION> Further supplementary snot when speculators. <INTERRUPTION> Further supplementary snot when he speculators. <INTERRUPTION> Further supplementary snot when he said speculators. <INTERRUPTION> Further supplementary snot when he said he supplementary snot when he said he was supplementary snot when he said he was too supplementary snot when he said he was too definitive, supplementary snot when he said he was too definitive, when supplementary snot when he said he was too definitive, when he supplementary snot when he said he was too definitive, when he promised was too definitive, when he promised not was too definitive, when he promised not to was too definitive, when he promised not to extent was too definitive, when he promised not to extent the was too definitive, when he promised not to extent the bright-line was too definitive, when he promised not to extent the bright-line test, not to extent the bright-line test, what not to extent the bright-line test, what other not to extent the bright-line test, what other definitive not to extent the bright-line test, what other definitive promises what other definitive promises should what other definitive promises should New what other definitive promises should New Zealanders what other definitive promises should New Zealanders now what other definitive promises should New Zealanders now expect what other definitive promises should New Zealanders now expect him should New Zealanders now expect him to should New Zealanders now expect him to change should New Zealanders now expect him to change his should New Zealanders now expect him to change his mind should New Zealanders now expect him to change his mind on? should New Zealanders now expect him to change his mind on? Mr should New Zealanders now expect him to change his mind on? Mr Speaker, to change his mind on? Mr Speaker, none. to change his mind on? Mr Speaker, none. <INTERRUPTION>. to change his mind on? Mr Speaker, none. <INTERRUPTION>. Question to change his mind on? Mr Speaker, none. <INTERRUPTION>. Question No. none. <INTERRUPTION>. Question No. 7. none. <INTERRUPTION>. Question No. 7. <INTERRUPTION> My My question My question is My question is to My question is to the My question is to the Prime My question is to the Prime Minister: My question is to the Prime Minister: Does My question is to the Prime Minister: Does she My question is to the Prime Minister: Does she stand My question is to the Prime Minister: Does she stand by My question is to the Prime Minister: Does she stand by her Minister: Does she stand by her statement Minister: Does she stand by her statement regarding Minister: Does she stand by her statement regarding the Minister: Does she stand by her statement regarding the Government's statement regarding the Government's housing statement regarding the Government's housing policy, statement regarding the Government's housing policy, that statement regarding the Government's housing policy, that it statement regarding the Government's housing policy, that it will statement regarding the Government's housing policy, that it will "tip housing policy, that it will "tip the housing policy, that it will "tip the balance housing policy, that it will "tip the balance in housing policy, that it will "tip the balance in favour housing policy, that it will "tip the balance in favour of housing policy, that it will "tip the balance in favour of first-home the balance in favour of first-home buyers the balance in favour of first-home buyers through the balance in favour of first-home buyers through our the balance in favour of first-home buyers through our demand the balance in favour of first-home buyers through our demand measures"? Is Is I Is I stand Is I stand by Is I stand by my Is I stand by my full Is I stand by my full statement Is I stand by my full statement in Is I stand by my full statement in the Is I stand by my full statement in the house Is I stand by my full statement in the house yesterday Is I stand by my full statement in the house yesterday which Is I stand by my full statement in the house yesterday which was, Is I stand by my full statement in the house yesterday which was, "The the house yesterday which was, "The Government's the house yesterday which was, "The Government's decision the house yesterday which was, "The Government's decision to the house yesterday which was, "The Government's decision to support Government's decision to support more Government's decision to support more first Government's decision to support more first home Government's decision to support more first home buyers Government's decision to support more first home buyers with Government's decision to support more first home buyers with the more first home buyers with the deposit more first home buyers with the deposit on more first home buyers with the deposit on their more first home buyers with the deposit on their first more first home buyers with the deposit on their first home more first home buyers with the deposit on their first home tipped deposit on their first home tipped the deposit on their first home tipped the balance deposit on their first home tipped the balance in deposit on their first home tipped the balance in favour deposit on their first home tipped the balance in favour of deposit on their first home tipped the balance in favour of first deposit on their first home tipped the balance in favour of first home the balance in favour of first home buyers the balance in favour of first home buyers through the balance in favour of first home buyers through our the balance in favour of first home buyers through our demand the balance in favour of first home buyers through our demand measures, buyers through our demand measures, incentivise buyers through our demand measures, incentivise investment buyers through our demand measures, incentivise investment in buyers through our demand measures, incentivise investment in newly incentivise investment in newly built incentivise investment in newly built homes, incentivise investment in newly built homes, and incentivise investment in newly built homes, and jump incentivise investment in newly built homes, and jump start built homes, and jump start developments built homes, and jump start developments by built homes, and jump start developments by funding built homes, and jump start developments by funding the built homes, and jump start developments by funding the vital developments by funding the vital infrastructure developments by funding the vital infrastructure like developments by funding the vital infrastructure like pipes developments by funding the vital infrastructure like pipes and infrastructure like pipes and transport infrastructure like pipes and transport links infrastructure like pipes and transport links needed infrastructure like pipes and transport links needed for infrastructure like pipes and transport links needed for new transport links needed for new housing. transport links needed for new housing. New transport links needed for new housing. New Zealand's transport links needed for new housing. New Zealand's housing housing. New Zealand's housing crisis housing. New Zealand's housing crisis has housing. New Zealand's housing crisis has been housing. New Zealand's housing crisis has been decades housing. New Zealand's housing crisis has been decades in housing. New Zealand's housing crisis has been decades in the crisis has been decades in the making crisis has been decades in the making and crisis has been decades in the making and there crisis has been decades in the making and there is crisis has been decades in the making and there is no crisis has been decades in the making and there is no silver crisis has been decades in the making and there is no silver bullet making and there is no silver bullet or making and there is no silver bullet or quick making and there is no silver bullet or quick fix. making and there is no silver bullet or quick fix. It making and there is no silver bullet or quick fix. It is making and there is no silver bullet or quick fix. It is an making and there is no silver bullet or quick fix. It is an issue making and there is no silver bullet or quick fix. It is an issue that or quick fix. It is an issue that will or quick fix. It is an issue that will take or quick fix. It is an issue that will take time or quick fix. It is an issue that will take time to or quick fix. It is an issue that will take time to turnaround. or quick fix. It is an issue that will take time to turnaround. But will take time to turnaround. But our will take time to turnaround. But our package will take time to turnaround. But our package of will take time to turnaround. But our package of urgent will take time to turnaround. But our package of urgent and will take time to turnaround. But our package of urgent and long-term our package of urgent and long-term changes our package of urgent and long-term changes will our package of urgent and long-term changes will increase our package of urgent and long-term changes will increase housing changes will increase housing supply, changes will increase housing supply, relief changes will increase housing supply, relief pressure changes will increase housing supply, relief pressure on changes will increase housing supply, relief pressure on the supply, relief pressure on the market supply, relief pressure on the market and supply, relief pressure on the market and make supply, relief pressure on the market and make it supply, relief pressure on the market and make it easier supply, relief pressure on the market and make it easier for supply, relief pressure on the market and make it easier for home market and make it easier for home buyers." market and make it easier for home buyers." If market and make it easier for home buyers." If the market and make it easier for home buyers." If the housing market and make it easier for home buyers." If the housing market market and make it easier for home buyers." If the housing market is buyers." If the housing market is being buyers." If the housing market is being rebalanced buyers." If the housing market is being rebalanced towards buyers." If the housing market is being rebalanced towards first buyers." If the housing market is being rebalanced towards first home being rebalanced towards first home buyers, being rebalanced towards first home buyers, who being rebalanced towards first home buyers, who is being rebalanced towards first home buyers, who is it being rebalanced towards first home buyers, who is it being being rebalanced towards first home buyers, who is it being rebalanced buyers, who is it being rebalanced away buyers, who is it being rebalanced away from? buyers, who is it being rebalanced away from? Mr buyers, who is it being rebalanced away from? Mr Speaker, buyers, who is it being rebalanced away from? Mr Speaker, you buyers, who is it being rebalanced away from? Mr Speaker, you can buyers, who is it being rebalanced away from? Mr Speaker, you can see away from? Mr Speaker, you can see by away from? Mr Speaker, you can see by what away from? Mr Speaker, you can see by what we're away from? Mr Speaker, you can see by what we're trying away from? Mr Speaker, you can see by what we're trying to away from? Mr Speaker, you can see by what we're trying to do away from? Mr Speaker, you can see by what we're trying to do on away from? Mr Speaker, you can see by what we're trying to do on the by what we're trying to do on the demand by what we're trying to do on the demand side by what we're trying to do on the demand side that by what we're trying to do on the demand side that we by what we're trying to do on the demand side that we are by what we're trying to do on the demand side that we are trying by what we're trying to do on the demand side that we are trying to demand side that we are trying to reduce demand side that we are trying to reduce some demand side that we are trying to reduce some of demand side that we are trying to reduce some of the demand side that we are trying to reduce some of the demand demand side that we are trying to reduce some of the demand we've demand side that we are trying to reduce some of the demand we've seen reduce some of the demand we've seen by reduce some of the demand we've seen by those reduce some of the demand we've seen by those who reduce some of the demand we've seen by those who are reduce some of the demand we've seen by those who are operating reduce some of the demand we've seen by those who are operating in reduce some of the demand we've seen by those who are operating in a by those who are operating in a speculative by those who are operating in a speculative way by those who are operating in a speculative way and by those who are operating in a speculative way and you by those who are operating in a speculative way and you can by those who are operating in a speculative way and you can also by those who are operating in a speculative way and you can also see speculative way and you can also see that speculative way and you can also see that from speculative way and you can also see that from the speculative way and you can also see that from the recent speculative way and you can also see that from the recent data speculative way and you can also see that from the recent data we speculative way and you can also see that from the recent data we have that from the recent data we have had that from the recent data we have had an that from the recent data we have had an additional that from the recent data we have had an additional proportion that from the recent data we have had an additional proportion of that from the recent data we have had an additional proportion of the had an additional proportion of the housing had an additional proportion of the housing market had an additional proportion of the housing market taken had an additional proportion of the housing market taken up had an additional proportion of the housing market taken up by had an additional proportion of the housing market taken up by those had an additional proportion of the housing market taken up by those who housing market taken up by those who identify housing market taken up by those who identify as housing market taken up by those who identify as investors housing market taken up by those who identify as investors and housing market taken up by those who identify as investors and by housing market taken up by those who identify as investors and by those identify as investors and by those who identify as investors and by those who have identify as investors and by those who have multiple identify as investors and by those who have multiple homes identify as investors and by those who have multiple homes already. identify as investors and by those who have multiple homes already. And who have multiple homes already. And so who have multiple homes already. And so that, who have multiple homes already. And so that, in who have multiple homes already. And so that, in the who have multiple homes already. And so that, in the last who have multiple homes already. And so that, in the last quarter, who have multiple homes already. And so that, in the last quarter, my so that, in the last quarter, my recollection, so that, in the last quarter, my recollection, is so that, in the last quarter, my recollection, is we so that, in the last quarter, my recollection, is we are so that, in the last quarter, my recollection, is we are making so that, in the last quarter, my recollection, is we are making about recollection, is we are making about 40% recollection, is we are making about 40% of recollection, is we are making about 40% of the recollection, is we are making about 40% of the market. recollection, is we are making about 40% of the market. And recollection, is we are making about 40% of the market. And so recollection, is we are making about 40% of the market. And so we recollection, is we are making about 40% of the market. And so we expect 40% of the market. And so we expect that 40% of the market. And so we expect that some 40% of the market. And so we expect that some of 40% of the market. And so we expect that some of our 40% of the market. And so we expect that some of our demand 40% of the market. And so we expect that some of our demand measures that some of our demand measures will that some of our demand measures will have that some of our demand measures will have an that some of our demand measures will have an effect that some of our demand measures will have an effect there that some of our demand measures will have an effect there and that some of our demand measures will have an effect there and will will have an effect there and will make will have an effect there and will make it's will have an effect there and will make it's your will have an effect there and will make it's your for will have an effect there and will make it's your for those will have an effect there and will make it's your for those who will have an effect there and will make it's your for those who are make it's your for those who are purchasing make it's your for those who are purchasing their make it's your for those who are purchasing their own make it's your for those who are purchasing their own homes. purchasing their own homes. Supplementary. purchasing their own homes. Supplementary. Will purchasing their own homes. Supplementary. Will the purchasing their own homes. Supplementary. Will the changes purchasing their own homes. Supplementary. Will the changes to Supplementary. Will the changes to the Supplementary. Will the changes to the bright-line Supplementary. Will the changes to the bright-line test Supplementary. Will the changes to the bright-line test result Supplementary. Will the changes to the bright-line test result in Supplementary. Will the changes to the bright-line test result in any the bright-line test result in any people the bright-line test result in any people who the bright-line test result in any people who own the bright-line test result in any people who own a the bright-line test result in any people who own a single the bright-line test result in any people who own a single home the bright-line test result in any people who own a single home being people who own a single home being taxed? people who own a single home being taxed? Mr people who own a single home being taxed? Mr Speaker, people who own a single home being taxed? Mr Speaker, the people who own a single home being taxed? Mr Speaker, the purpose people who own a single home being taxed? Mr Speaker, the purpose of taxed? Mr Speaker, the purpose of the taxed? Mr Speaker, the purpose of the bright-line taxed? Mr Speaker, the purpose of the bright-line test, taxed? Mr Speaker, the purpose of the bright-line test, as taxed? Mr Speaker, the purpose of the bright-line test, as it taxed? Mr Speaker, the purpose of the bright-line test, as it was the bright-line test, as it was introduced the bright-line test, as it was introduced by the bright-line test, as it was introduced by National, the bright-line test, as it was introduced by National, was the bright-line test, as it was introduced by National, was to introduced by National, was to always introduced by National, was to always make introduced by National, was to always make sure introduced by National, was to always make sure that introduced by National, was to always make sure that if introduced by National, was to always make sure that if it introduced by National, was to always make sure that if it was introduced by National, was to always make sure that if it was the always make sure that if it was the primary always make sure that if it was the primary home, always make sure that if it was the primary home, that always make sure that if it was the primary home, that it always make sure that if it was the primary home, that it was always make sure that if it was the primary home, that it was exempt primary home, that it was exempt from primary home, that it was exempt from the primary home, that it was exempt from the bright-line primary home, that it was exempt from the bright-line test. primary home, that it was exempt from the bright-line test. And primary home, that it was exempt from the bright-line test. And so from the bright-line test. And so that from the bright-line test. And so that is from the bright-line test. And so that is the from the bright-line test. And so that is the way from the bright-line test. And so that is the way it from the bright-line test. And so that is the way it was from the bright-line test. And so that is the way it was designed. that is the way it was designed. We're that is the way it was designed. We're continuing that is the way it was designed. We're continuing with that is the way it was designed. We're continuing with that. that is the way it was designed. We're continuing with that. We that is the way it was designed. We're continuing with that. We have We're continuing with that. We have put We're continuing with that. We have put extra We're continuing with that. We have put extra clarification We're continuing with that. We have put extra clarification around We're continuing with that. We have put extra clarification around the put extra clarification around the change put extra clarification around the change of put extra clarification around the change of use put extra clarification around the change of use test, put extra clarification around the change of use test, which put extra clarification around the change of use test, which is change of use test, which is essentially change of use test, which is essentially when change of use test, which is essentially when someone change of use test, which is essentially when someone is change of use test, which is essentially when someone is no essentially when someone is no longer essentially when someone is no longer using essentially when someone is no longer using it essentially when someone is no longer using it as essentially when someone is no longer using it as their essentially when someone is no longer using it as their home. essentially when someone is no longer using it as their home. How longer using it as their home. How many longer using it as their home. How many more longer using it as their home. How many more first longer using it as their home. How many more first home longer using it as their home. How many more first home buyers longer using it as their home. How many more first home buyers does longer using it as their home. How many more first home buyers does she many more first home buyers does she expect many more first home buyers does she expect will many more first home buyers does she expect will buy many more first home buyers does she expect will buy homes many more first home buyers does she expect will buy homes over many more first home buyers does she expect will buy homes over the many more first home buyers does she expect will buy homes over the next expect will buy homes over the next 24 expect will buy homes over the next 24 months expect will buy homes over the next 24 months as expect will buy homes over the next 24 months as a expect will buy homes over the next 24 months as a result expect will buy homes over the next 24 months as a result of expect will buy homes over the next 24 months as a result of the 24 months as a result of the policies 24 months as a result of the policies she 24 months as a result of the policies she announced 24 months as a result of the policies she announced yesterday, 24 months as a result of the policies she announced yesterday, or policies she announced yesterday, or would policies she announced yesterday, or would she policies she announced yesterday, or would she prefer policies she announced yesterday, or would she prefer not policies she announced yesterday, or would she prefer not to policies she announced yesterday, or would she prefer not to be policies she announced yesterday, or would she prefer not to be held would she prefer not to be held accountable would she prefer not to be held accountable to would she prefer not to be held accountable to any would she prefer not to be held accountable to any specific would she prefer not to be held accountable to any specific target? accountable to any specific target? Mr accountable to any specific target? Mr Speaker, accountable to any specific target? Mr Speaker, obviously accountable to any specific target? Mr Speaker, obviously there accountable to any specific target? Mr Speaker, obviously there are Mr Speaker, obviously there are going Mr Speaker, obviously there are going to Mr Speaker, obviously there are going to be Mr Speaker, obviously there are going to be a Mr Speaker, obviously there are going to be a range Mr Speaker, obviously there are going to be a range of Mr Speaker, obviously there are going to be a range of factors Mr Speaker, obviously there are going to be a range of factors that going to be a range of factors that will going to be a range of factors that will affect going to be a range of factors that will affect the going to be a range of factors that will affect the number going to be a range of factors that will affect the number of going to be a range of factors that will affect the number of first going to be a range of factors that will affect the number of first home will affect the number of first home buyers. will affect the number of first home buyers. <INTERRUPTION> will affect the number of first home buyers. <INTERRUPTION> ..that will affect the number of first home buyers. <INTERRUPTION> ..that are buyers. <INTERRUPTION> ..that are entering buyers. <INTERRUPTION> ..that are entering into buyers. <INTERRUPTION> ..that are entering into the buyers. <INTERRUPTION> ..that are entering into the market. buyers. <INTERRUPTION> ..that are entering into the market. What buyers. <INTERRUPTION> ..that are entering into the market. What I buyers. <INTERRUPTION> ..that are entering into the market. What I can entering into the market. What I can tell entering into the market. What I can tell the entering into the market. What I can tell the member entering into the market. What I can tell the member is entering into the market. What I can tell the member is that entering into the market. What I can tell the member is that the tell the member is that the estimates tell the member is that the estimates for tell the member is that the estimates for just tell the member is that the estimates for just one tell the member is that the estimates for just one element tell the member is that the estimates for just one element of estimates for just one element of the estimates for just one element of the package, estimates for just one element of the package, which estimates for just one element of the package, which is estimates for just one element of the package, which is the estimates for just one element of the package, which is the change estimates for just one element of the package, which is the change in the package, which is the change in caps the package, which is the change in caps and the package, which is the change in caps and income the package, which is the change in caps and income tests the package, which is the change in caps and income tests for the package, which is the change in caps and income tests for our the package, which is the change in caps and income tests for our first caps and income tests for our first home caps and income tests for our first home buyer caps and income tests for our first home buyer products caps and income tests for our first home buyer products will caps and income tests for our first home buyer products will have home buyer products will have roughly home buyer products will have roughly 9,300 home buyer products will have roughly 9,300 additional home buyer products will have roughly 9,300 additional couples home buyer products will have roughly 9,300 additional couples who roughly 9,300 additional couples who will roughly 9,300 additional couples who will be roughly 9,300 additional couples who will be eligible roughly 9,300 additional couples who will be eligible and roughly 9,300 additional couples who will be eligible and up roughly 9,300 additional couples who will be eligible and up to roughly 9,300 additional couples who will be eligible and up to 3,000 will be eligible and up to 3,000 singles will be eligible and up to 3,000 singles who will be eligible and up to 3,000 singles who will will be eligible and up to 3,000 singles who will be will be eligible and up to 3,000 singles who will be eligible. will be eligible and up to 3,000 singles who will be eligible. So, singles who will be eligible. So, those singles who will be eligible. So, those are singles who will be eligible. So, those are the singles who will be eligible. So, those are the numbers singles who will be eligible. So, those are the numbers that singles who will be eligible. So, those are the numbers that we singles who will be eligible. So, those are the numbers that we have those are the numbers that we have on those are the numbers that we have on just those are the numbers that we have on just one those are the numbers that we have on just one element those are the numbers that we have on just one element of those are the numbers that we have on just one element of the those are the numbers that we have on just one element of the package. on just one element of the package. Is on just one element of the package. Is she on just one element of the package. Is she concerned on just one element of the package. Is she concerned that on just one element of the package. Is she concerned that changes on just one element of the package. Is she concerned that changes to on just one element of the package. Is she concerned that changes to the Is she concerned that changes to the bright-line Is she concerned that changes to the bright-line test Is she concerned that changes to the bright-line test will Is she concerned that changes to the bright-line test will result Is she concerned that changes to the bright-line test will result in bright-line test will result in fewer bright-line test will result in fewer homes bright-line test will result in fewer homes for bright-line test will result in fewer homes for sale? bright-line test will result in fewer homes for sale? Mr bright-line test will result in fewer homes for sale? Mr Speaker, bright-line test will result in fewer homes for sale? Mr Speaker, as fewer homes for sale? Mr Speaker, as we've fewer homes for sale? Mr Speaker, as we've already fewer homes for sale? Mr Speaker, as we've already heard, fewer homes for sale? Mr Speaker, as we've already heard, the fewer homes for sale? Mr Speaker, as we've already heard, the Revenue we've already heard, the Revenue Minister we've already heard, the Revenue Minister talking we've already heard, the Revenue Minister talking about we've already heard, the Revenue Minister talking about previously, Minister talking about previously, if Minister talking about previously, if someone Minister talking about previously, if someone is Minister talking about previously, if someone is choosing Minister talking about previously, if someone is choosing to Minister talking about previously, if someone is choosing to no Minister talking about previously, if someone is choosing to no longer if someone is choosing to no longer be if someone is choosing to no longer be an if someone is choosing to no longer be an investor if someone is choosing to no longer be an investor in if someone is choosing to no longer be an investor in the if someone is choosing to no longer be an investor in the market, if someone is choosing to no longer be an investor in the market, that's be an investor in the market, that's not be an investor in the market, that's not removing be an investor in the market, that's not removing the be an investor in the market, that's not removing the number be an investor in the market, that's not removing the number of be an investor in the market, that's not removing the number of houses not removing the number of houses that not removing the number of houses that are not removing the number of houses that are available. not removing the number of houses that are available. The not removing the number of houses that are available. The quantum that are available. The quantum remains that are available. The quantum remains the that are available. The quantum remains the same. that are available. The quantum remains the same. What that are available. The quantum remains the same. What we that are available. The quantum remains the same. What we want that are available. The quantum remains the same. What we want to that are available. The quantum remains the same. What we want to do remains the same. What we want to do is remains the same. What we want to do is get remains the same. What we want to do is get additionaliality remains the same. What we want to do is get additionaliality and remains the same. What we want to do is get additionaliality and that remains the same. What we want to do is get additionaliality and that is is get additionaliality and that is where is get additionaliality and that is where we is get additionaliality and that is where we use is get additionaliality and that is where we use incentives is get additionaliality and that is where we use incentives to is get additionaliality and that is where we use incentives to try is get additionaliality and that is where we use incentives to try and where we use incentives to try and encourage where we use incentives to try and encourage those where we use incentives to try and encourage those who where we use incentives to try and encourage those who may where we use incentives to try and encourage those who may want where we use incentives to try and encourage those who may want to encourage those who may want to enter encourage those who may want to enter as encourage those who may want to enter as an encourage those who may want to enter as an investors encourage those who may want to enter as an investors to encourage those who may want to enter as an investors to buy encourage those who may want to enter as an investors to buy a encourage those who may want to enter as an investors to buy a new enter as an investors to buy a new build. enter as an investors to buy a new build. That enter as an investors to buy a new build. That may enter as an investors to buy a new build. That may free enter as an investors to buy a new build. That may free up, enter as an investors to buy a new build. That may free up, if enter as an investors to buy a new build. That may free up, if you're build. That may free up, if you're going build. That may free up, if you're going to build. That may free up, if you're going to an build. That may free up, if you're going to an action build. That may free up, if you're going to an action or build. That may free up, if you're going to an action or you're build. That may free up, if you're going to an action or you're in build. That may free up, if you're going to an action or you're in the going to an action or you're in the market, going to an action or you're in the market, the going to an action or you're in the market, the amount going to an action or you're in the market, the amount of going to an action or you're in the market, the amount of competition market, the amount of competition that market, the amount of competition that is market, the amount of competition that is in market, the amount of competition that is in the market, the amount of competition that is in the market market, the amount of competition that is in the market already that is in the market already between that is in the market already between investors, that is in the market already between investors, speculators that is in the market already between investors, speculators and between investors, speculators and first between investors, speculators and first home between investors, speculators and first home buyers. between investors, speculators and first home buyers. Supplementary. first home buyers. Supplementary. What first home buyers. Supplementary. What are first home buyers. Supplementary. What are the first home buyers. Supplementary. What are the key first home buyers. Supplementary. What are the key differences first home buyers. Supplementary. What are the key differences between What are the key differences between the What are the key differences between the bright-line What are the key differences between the bright-line test What are the key differences between the bright-line test and What are the key differences between the bright-line test and a What are the key differences between the bright-line test and a capital the bright-line test and a capital gains the bright-line test and a capital gains tax? the bright-line test and a capital gains tax? Mr the bright-line test and a capital gains tax? Mr Speaker, the bright-line test and a capital gains tax? Mr Speaker, I the bright-line test and a capital gains tax? Mr Speaker, I refer the bright-line test and a capital gains tax? Mr Speaker, I refer back gains tax? Mr Speaker, I refer back to gains tax? Mr Speaker, I refer back to the gains tax? Mr Speaker, I refer back to the National gains tax? Mr Speaker, I refer back to the National Party's gains tax? Mr Speaker, I refer back to the National Party's references to the National Party's references at to the National Party's references at the to the National Party's references at the time. to the National Party's references at the time. I to the National Party's references at the time. I believe to the National Party's references at the time. I believe John to the National Party's references at the time. I believe John Key to the National Party's references at the time. I believe John Key said at the time. I believe John Key said that at the time. I believe John Key said that a at the time. I believe John Key said that a capital at the time. I believe John Key said that a capital gains at the time. I believe John Key said that a capital gains tax at the time. I believe John Key said that a capital gains tax would at the time. I believe John Key said that a capital gains tax would be that a capital gains tax would be applied that a capital gains tax would be applied to that a capital gains tax would be applied to a that a capital gains tax would be applied to a property that a capital gains tax would be applied to a property no that a capital gains tax would be applied to a property no matter that a capital gains tax would be applied to a property no matter when applied to a property no matter when it applied to a property no matter when it is applied to a property no matter when it is sold, applied to a property no matter when it is sold, after applied to a property no matter when it is sold, after how applied to a property no matter when it is sold, after how long applied to a property no matter when it is sold, after how long it applied to a property no matter when it is sold, after how long it is it is sold, after how long it is sold it is sold, after how long it is sold for, it is sold, after how long it is sold for, and it is sold, after how long it is sold for, and so it is sold, after how long it is sold for, and so on. it is sold, after how long it is sold for, and so on. I it is sold, after how long it is sold for, and so on. I would it is sold, after how long it is sold for, and so on. I would also sold for, and so on. I would also add sold for, and so on. I would also add capital sold for, and so on. I would also add capital gains sold for, and so on. I would also add capital gains tax, sold for, and so on. I would also add capital gains tax, as sold for, and so on. I would also add capital gains tax, as they sold for, and so on. I would also add capital gains tax, as they have add capital gains tax, as they have been add capital gains tax, as they have been proposed add capital gains tax, as they have been proposed in add capital gains tax, as they have been proposed in this add capital gains tax, as they have been proposed in this country, add capital gains tax, as they have been proposed in this country, have been proposed in this country, have been been proposed in this country, have been comprehensive. been proposed in this country, have been comprehensive. They been proposed in this country, have been comprehensive. They include been comprehensive. They include small been comprehensive. They include small businesses been comprehensive. They include small businesses and been comprehensive. They include small businesses and the been comprehensive. They include small businesses and the like. small businesses and the like. That's small businesses and the like. That's right! small businesses and the like. That's right! Finally, small businesses and the like. That's right! Finally, what small businesses and the like. That's right! Finally, what I'd small businesses and the like. That's right! Finally, what I'd also That's right! Finally, what I'd also add That's right! Finally, what I'd also add is That's right! Finally, what I'd also add is they That's right! Finally, what I'd also add is they don't That's right! Finally, what I'd also add is they don't have That's right! Finally, what I'd also add is they don't have the That's right! Finally, what I'd also add is they don't have the level That's right! Finally, what I'd also add is they don't have the level of add is they don't have the level of exemptions add is they don't have the level of exemptions that add is they don't have the level of exemptions that we add is they don't have the level of exemptions that we have, add is they don't have the level of exemptions that we have, including exemptions that we have, including around exemptions that we have, including around new exemptions that we have, including around new builds. exemptions that we have, including around new builds. The exemptions that we have, including around new builds. The Hon exemptions that we have, including around new builds. The Hon Megan around new builds. The Hon Megan Woods. around new builds. The Hon Megan Woods. Has around new builds. The Hon Megan Woods. Has the around new builds. The Hon Megan Woods. Has the PM around new builds. The Hon Megan Woods. Has the PM seen around new builds. The Hon Megan Woods. Has the PM seen reaction around new builds. The Hon Megan Woods. Has the PM seen reaction from Woods. Has the PM seen reaction from the Woods. Has the PM seen reaction from the property Woods. Has the PM seen reaction from the property industry, Woods. Has the PM seen reaction from the property industry, such Woods. Has the PM seen reaction from the property industry, such as Woods. Has the PM seen reaction from the property industry, such as Wendy the property industry, such as Wendy Alexander the property industry, such as Wendy Alexander from the property industry, such as Wendy Alexander from the the property industry, such as Wendy Alexander from the real the property industry, such as Wendy Alexander from the real estate Alexander from the real estate Institute Alexander from the real estate Institute of Alexander from the real estate Institute of New Alexander from the real estate Institute of New Zealand, Alexander from the real estate Institute of New Zealand, who Alexander from the real estate Institute of New Zealand, who said, Institute of New Zealand, who said, "However Institute of New Zealand, who said, "However the Institute of New Zealand, who said, "However the fact Institute of New Zealand, who said, "However the fact that Institute of New Zealand, who said, "However the fact that new Institute of New Zealand, who said, "However the fact that new builds "However the fact that new builds are "However the fact that new builds are to "However the fact that new builds are to be "However the fact that new builds are to be exempt "However the fact that new builds are to be exempt from "However the fact that new builds are to be exempt from the are to be exempt from the bright-line are to be exempt from the bright-line test are to be exempt from the bright-line test is are to be exempt from the bright-line test is welcome are to be exempt from the bright-line test is welcome news are to be exempt from the bright-line test is welcome news and bright-line test is welcome news and could bright-line test is welcome news and could go bright-line test is welcome news and could go some bright-line test is welcome news and could go some way bright-line test is welcome news and could go some way to bright-line test is welcome news and could go some way to helping bright-line test is welcome news and could go some way to helping to could go some way to helping to boost could go some way to helping to boost the could go some way to helping to boost the overall could go some way to helping to boost the overall supply could go some way to helping to boost the overall supply of boost the overall supply of housing"? boost the overall supply of housing"? Yes. boost the overall supply of housing"? Yes. I boost the overall supply of housing"? Yes. I have boost the overall supply of housing"? Yes. I have actually boost the overall supply of housing"? Yes. I have actually seen housing"? Yes. I have actually seen a housing"? Yes. I have actually seen a number housing"? Yes. I have actually seen a number of housing"? Yes. I have actually seen a number of quotes housing"? Yes. I have actually seen a number of quotes from housing"? Yes. I have actually seen a number of quotes from different a number of quotes from different representative a number of quotes from different representative bodies a number of quotes from different representative bodies supporting a number of quotes from different representative bodies supporting the representative bodies supporting the packages representative bodies supporting the packages we representative bodies supporting the packages we announced representative bodies supporting the packages we announced yesterday. representative bodies supporting the packages we announced yesterday. I packages we announced yesterday. I would packages we announced yesterday. I would add packages we announced yesterday. I would add to packages we announced yesterday. I would add to that packages we announced yesterday. I would add to that the packages we announced yesterday. I would add to that the President packages we announced yesterday. I would add to that the President of would add to that the President of LGNZ would add to that the President of LGNZ who would add to that the President of LGNZ who said, would add to that the President of LGNZ who said, "Today's would add to that the President of LGNZ who said, "Today's announcement LGNZ who said, "Today's announcement will LGNZ who said, "Today's announcement will be LGNZ who said, "Today's announcement will be welcome LGNZ who said, "Today's announcement will be welcome by LGNZ who said, "Today's announcement will be welcome by communities will be welcome by communities across will be welcome by communities across New will be welcome by communities across New Zealand will be welcome by communities across New Zealand who will be welcome by communities across New Zealand who have will be welcome by communities across New Zealand who have been across New Zealand who have been locked across New Zealand who have been locked out across New Zealand who have been locked out of across New Zealand who have been locked out of the across New Zealand who have been locked out of the home across New Zealand who have been locked out of the home ownership across New Zealand who have been locked out of the home ownership by locked out of the home ownership by property locked out of the home ownership by property speculator, locked out of the home ownership by property speculator, taking locked out of the home ownership by property speculator, taking van locked out of the home ownership by property speculator, taking van of property speculator, taking van of historically property speculator, taking van of historically -- property speculator, taking van of historically -- advantage property speculator, taking van of historically -- advantage of historically -- advantage of historically historically -- advantage of historically low historically -- advantage of historically low interest historically -- advantage of historically low interest rates." historically low interest rates." Why historically low interest rates." Why is historically low interest rates." Why is she historically low interest rates." Why is she rushing historically low interest rates." Why is she rushing tax historically low interest rates." Why is she rushing tax changes Why is she rushing tax changes through Why is she rushing tax changes through Parliament Why is she rushing tax changes through Parliament without through Parliament without consultation, through Parliament without consultation, but through Parliament without consultation, but is through Parliament without consultation, but is unable through Parliament without consultation, but is unable to consultation, but is unable to deliver consultation, but is unable to deliver immediate consultation, but is unable to deliver immediate changes consultation, but is unable to deliver immediate changes to consultation, but is unable to deliver immediate changes to help deliver immediate changes to help boost deliver immediate changes to help boost housing deliver immediate changes to help boost housing supply? deliver immediate changes to help boost housing supply? Mr deliver immediate changes to help boost housing supply? Mr Speaker, boost housing supply? Mr Speaker, two boost housing supply? Mr Speaker, two things boost housing supply? Mr Speaker, two things I boost housing supply? Mr Speaker, two things I would boost housing supply? Mr Speaker, two things I would quickly boost housing supply? Mr Speaker, two things I would quickly say. two things I would quickly say. Tonne two things I would quickly say. Tonne legislative two things I would quickly say. Tonne legislative changes two things I would quickly say. Tonne legislative changes that two things I would quickly say. Tonne legislative changes that help Tonne legislative changes that help create Tonne legislative changes that help create housing Tonne legislative changes that help create housing supply, Tonne legislative changes that help create housing supply, the Tonne legislative changes that help create housing supply, the close create housing supply, the close example, create housing supply, the close example, of create housing supply, the close example, of course, create housing supply, the close example, of course, would create housing supply, the close example, of course, would be create housing supply, the close example, of course, would be things example, of course, would be things that example, of course, would be things that we example, of course, would be things that we can example, of course, would be things that we can do example, of course, would be things that we can do to example, of course, would be things that we can do to planning example, of course, would be things that we can do to planning and that we can do to planning and resource that we can do to planning and resource management. that we can do to planning and resource management. We that we can do to planning and resource management. We actually resource management. We actually have resource management. We actually have already resource management. We actually have already created resource management. We actually have already created a resource management. We actually have already created a fast-track have already created a fast-track process have already created a fast-track process already. have already created a fast-track process already. That's have already created a fast-track process already. That's right! have already created a fast-track process already. That's right! That process already. That's right! That is process already. That's right! That is in process already. That's right! That is in place. process already. That's right! That is in place. We process already. That's right! That is in place. We are process already. That's right! That is in place. We are youlising process already. That's right! That is in place. We are youlising that. is in place. We are youlising that. The is in place. We are youlising that. The member is in place. We are youlising that. The member sitting is in place. We are youlising that. The member sitting next is in place. We are youlising that. The member sitting next to is in place. We are youlising that. The member sitting next to you The member sitting next to you already The member sitting next to you already knows The member sitting next to you already knows housing The member sitting next to you already knows housing development The member sitting next to you already knows housing development in already knows housing development in his already knows housing development in his area already knows housing development in his area that already knows housing development in his area that is already knows housing development in his area that is subjected already knows housing development in his area that is subjected to already knows housing development in his area that is subjected to that already knows housing development in his area that is subjected to that - his area that is subjected to that - that his area that is subjected to that - that is his area that is subjected to that - that is the his area that is subjected to that - that is the subject his area that is subjected to that - that is the subject of his area that is subjected to that - that is the subject of that that is the subject of that fast-track that is the subject of that fast-track process. that is the subject of that fast-track process. When that is the subject of that fast-track process. When it that is the subject of that fast-track process. When it comes that is the subject of that fast-track process. When it comes to fast-track process. When it comes to the fast-track process. When it comes to the decision fast-track process. When it comes to the decision yesterday fast-track process. When it comes to the decision yesterday to fast-track process. When it comes to the decision yesterday to put the decision yesterday to put changes the decision yesterday to put changes to the decision yesterday to put changes to the the decision yesterday to put changes to the bright-line the decision yesterday to put changes to the bright-line test, the decision yesterday to put changes to the bright-line test, we changes to the bright-line test, we are changes to the bright-line test, we are very changes to the bright-line test, we are very aware changes to the bright-line test, we are very aware that changes to the bright-line test, we are very aware that changes changes to the bright-line test, we are very aware that changes in changes to the bright-line test, we are very aware that changes in this are very aware that changes in this area are very aware that changes in this area can are very aware that changes in this area can cause are very aware that changes in this area can cause extra are very aware that changes in this area can cause extra heat are very aware that changes in this area can cause extra heat in are very aware that changes in this area can cause extra heat in the area can cause extra heat in the market. area can cause extra heat in the market. We area can cause extra heat in the market. We wanted area can cause extra heat in the market. We wanted to area can cause extra heat in the market. We wanted to avoid area can cause extra heat in the market. We wanted to avoid that. area can cause extra heat in the market. We wanted to avoid that. So, market. We wanted to avoid that. So, both market. We wanted to avoid that. So, both interest market. We wanted to avoid that. So, both interest deductibility market. We wanted to avoid that. So, both interest deductibility and both interest deductibility and bright-line both interest deductibility and bright-line changes both interest deductibility and bright-line changes will both interest deductibility and bright-line changes will be both interest deductibility and bright-line changes will be made both interest deductibility and bright-line changes will be made - bright-line changes will be made - will bright-line changes will be made - will apply bright-line changes will be made - will apply to bright-line changes will be made - will apply to houses bright-line changes will be made - will apply to houses purchased bright-line changes will be made - will apply to houses purchased after will apply to houses purchased after 27 will apply to houses purchased after 27 March. will apply to houses purchased after 27 March. But will apply to houses purchased after 27 March. But on will apply to houses purchased after 27 March. But on interest 27 March. But on interest deductibility, 27 March. But on interest deductibility, we 27 March. But on interest deductibility, we are 27 March. But on interest deductibility, we are consulting 27 March. But on interest deductibility, we are consulting on deductibility, we are consulting on some deductibility, we are consulting on some elements deductibility, we are consulting on some elements of deductibility, we are consulting on some elements of that deductibility, we are consulting on some elements of that to deductibility, we are consulting on some elements of that to make deductibility, we are consulting on some elements of that to make sure some elements of that to make sure we some elements of that to make sure we get some elements of that to make sure we get the some elements of that to make sure we get the definitions some elements of that to make sure we get the definitions right some elements of that to make sure we get the definitions right for some elements of that to make sure we get the definitions right for new we get the definitions right for new build we get the definitions right for new build exemptions. we get the definitions right for new build exemptions. Question we get the definitions right for new build exemptions. Question No. we get the definitions right for new build exemptions. Question No. 8. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Revenue: My question is to the Minister of Revenue: Why My question is to the Minister of Revenue: Why is My question is to the Minister of Revenue: Why is the My question is to the Minister of Revenue: Why is the Government Revenue: Why is the Government exempting Revenue: Why is the Government exempting new Revenue: Why is the Government exempting new builds Revenue: Why is the Government exempting new builds from Revenue: Why is the Government exempting new builds from changes Revenue: Why is the Government exempting new builds from changes to exempting new builds from changes to the exempting new builds from changes to the bright-line exempting new builds from changes to the bright-line test exempting new builds from changes to the bright-line test and exempting new builds from changes to the bright-line test and interest the bright-line test and interest deductibility the bright-line test and interest deductibility rules? On On behalf On behalf of On behalf of the On behalf of the Minister, On behalf of the Minister, Labour's On behalf of the Minister, Labour's housing On behalf of the Minister, Labour's housing plan On behalf of the Minister, Labour's housing plan will On behalf of the Minister, Labour's housing plan will incentivise housing plan will incentivise investment housing plan will incentivise investment in housing plan will incentivise investment in new housing plan will incentivise investment in new build housing plan will incentivise investment in new build homes, investment in new build homes, driving investment in new build homes, driving development investment in new build homes, driving development and investment in new build homes, driving development and ensuring driving development and ensuring more driving development and ensuring more houses driving development and ensuring more houses are driving development and ensuring more houses are being driving development and ensuring more houses are being built. driving development and ensuring more houses are being built. This more houses are being built. This means more houses are being built. This means if more houses are being built. This means if someone more houses are being built. This means if someone invests more houses are being built. This means if someone invests in more houses are being built. This means if someone invests in a means if someone invests in a new-build means if someone invests in a new-build property, means if someone invests in a new-build property, they means if someone invests in a new-build property, they will means if someone invests in a new-build property, they will be new-build property, they will be exempt new-build property, they will be exempt from new-build property, they will be exempt from changes new-build property, they will be exempt from changes to new-build property, they will be exempt from changes to the exempt from changes to the bright-line exempt from changes to the bright-line test exempt from changes to the bright-line test and exempt from changes to the bright-line test and interest bright-line test and interest deductibility bright-line test and interest deductibility policy. bright-line test and interest deductibility policy. This bright-line test and interest deductibility policy. This will bright-line test and interest deductibility policy. This will make deductibility policy. This will make investing deductibility policy. This will make investing in deductibility policy. This will make investing in new deductibility policy. This will make investing in new build deductibility policy. This will make investing in new build a deductibility policy. This will make investing in new build a more investing in new build a more attractive investing in new build a more attractive option investing in new build a more attractive option for investing in new build a more attractive option for investors investing in new build a more attractive option for investors and attractive option for investors and drive attractive option for investors and attractive attractive option for investors and drive demand for attractive option for investors and drive demand for new attractive option for investors and drive demand for new houses, attractive option for investors and drive demand for new houses, which drive demand for new houses, which will drive demand for new houses, which will help drive demand for new houses, which will help ease drive demand for new houses, which will help ease the drive demand for new houses, which will help ease the pressure drive demand for new houses, which will help ease the pressure on drive demand for new houses, which will help ease the pressure on first will help ease the pressure on first home will help ease the pressure on first home buyers will help ease the pressure on first home buyers and will help ease the pressure on first home buyers and ultimately will help ease the pressure on first home buyers and ultimately help home buyers and ultimately help build home buyers and ultimately help build more home buyers and ultimately help build more houses. home buyers and ultimately help build more houses. <INTERRUPTION> build more houses. <INTERRUPTION> Supplementary. build more houses. <INTERRUPTION> Supplementary. What build more houses. <INTERRUPTION> Supplementary. What feedback build more houses. <INTERRUPTION> Supplementary. What feedback has build more houses. <INTERRUPTION> Supplementary. What feedback has he Supplementary. What feedback has he received Supplementary. What feedback has he received regarding Supplementary. What feedback has he received regarding the Supplementary. What feedback has he received regarding the Government's received regarding the Government's new received regarding the Government's new build received regarding the Government's new build exemptions? received regarding the Government's new build exemptions? On received regarding the Government's new build exemptions? On behalf received regarding the Government's new build exemptions? On behalf of new build exemptions? On behalf of the new build exemptions? On behalf of the Minister, new build exemptions? On behalf of the Minister, "I new build exemptions? On behalf of the Minister, "I have new build exemptions? On behalf of the Minister, "I have received new build exemptions? On behalf of the Minister, "I have received many the Minister, "I have received many positive the Minister, "I have received many positive responses the Minister, "I have received many positive responses to the Minister, "I have received many positive responses to the the Minister, "I have received many positive responses to the new the Minister, "I have received many positive responses to the new build positive responses to the new build exemptions. positive responses to the new build exemptions. People positive responses to the new build exemptions. People are positive responses to the new build exemptions. People are recognising exemptions. People are recognising the exemptions. People are recognising the Government exemptions. People are recognising the Government made exemptions. People are recognising the Government made a exemptions. People are recognising the Government made a deliberate the Government made a deliberate decision the Government made a deliberate decision with the Government made a deliberate decision with our the Government made a deliberate decision with our demand the Government made a deliberate decision with our demand side decision with our demand side measures decision with our demand side measures to decision with our demand side measures to tilt decision with our demand side measures to tilt the decision with our demand side measures to tilt the balance decision with our demand side measures to tilt the balance towards measures to tilt the balance towards supply measures to tilt the balance towards supply by measures to tilt the balance towards supply by exempting measures to tilt the balance towards supply by exempting new measures to tilt the balance towards supply by exempting new builds measures to tilt the balance towards supply by exempting new builds to supply by exempting new builds to encourage supply by exempting new builds to encourage investment supply by exempting new builds to encourage investment in supply by exempting new builds to encourage investment in building supply by exempting new builds to encourage investment in building new encourage investment in building new homes. encourage investment in building new homes. Kiwi encourage investment in building new homes. Kiwi Bank's encourage investment in building new homes. Kiwi Bank's chief encourage investment in building new homes. Kiwi Bank's chief economist homes. Kiwi Bank's chief economist Jarrod homes. Kiwi Bank's chief economist Jarrod Kerr homes. Kiwi Bank's chief economist Jarrod Kerr said homes. Kiwi Bank's chief economist Jarrod Kerr said that homes. Kiwi Bank's chief economist Jarrod Kerr said that rather homes. Kiwi Bank's chief economist Jarrod Kerr said that rather than Jarrod Kerr said that rather than try Jarrod Kerr said that rather than try to Jarrod Kerr said that rather than try to get Jarrod Kerr said that rather than try to get rid Jarrod Kerr said that rather than try to get rid of Jarrod Kerr said that rather than try to get rid of investors try to get rid of investors entirely, try to get rid of investors entirely, they try to get rid of investors entirely, they recognise try to get rid of investors entirely, they recognise the try to get rid of investors entirely, they recognise the fact entirely, they recognise the fact that entirely, they recognise the fact that they entirely, they recognise the fact that they are entirely, they recognise the fact that they are the entirely, they recognise the fact that they are the ones entirely, they recognise the fact that they are the ones that entirely, they recognise the fact that they are the ones that do entirely, they recognise the fact that they are the ones that do the that they are the ones that do the development. that they are the ones that do the development. Poring that they are the ones that do the development. Poring more that they are the ones that do the development. Poring more resources development. Poring more resources into development. Poring more resources into new development. Poring more resources into new dwellings development. Poring more resources into new dwellings is development. Poring more resources into new dwellings is incredibly into new dwellings is incredibly important into new dwellings is incredibly important right into new dwellings is incredibly important right now. into new dwellings is incredibly important right now. And into new dwellings is incredibly important right now. And even into new dwellings is incredibly important right now. And even the important right now. And even the real important right now. And even the real estate important right now. And even the real estate Institute important right now. And even the real estate Institute has important right now. And even the real estate Institute has said important right now. And even the real estate Institute has said that real estate Institute has said that the real estate Institute has said that the fact real estate Institute has said that the fact that real estate Institute has said that the fact that new real estate Institute has said that the fact that new builds real estate Institute has said that the fact that new builds are real estate Institute has said that the fact that new builds are to real estate Institute has said that the fact that new builds are to be the fact that new builds are to be excerpt the fact that new builds are to be excerpt from the fact that new builds are to be excerpt from the the fact that new builds are to be excerpt from the bright-line the fact that new builds are to be excerpt from the bright-line test the fact that new builds are to be excerpt from the bright-line test is excerpt from the bright-line test is welcome excerpt from the bright-line test is welcome news excerpt from the bright-line test is welcome news and excerpt from the bright-line test is welcome news and could excerpt from the bright-line test is welcome news and could go excerpt from the bright-line test is welcome news and could go some excerpt from the bright-line test is welcome news and could go some way welcome news and could go some way to welcome news and could go some way to helping welcome news and could go some way to helping to welcome news and could go some way to helping to boost welcome news and could go some way to helping to boost the welcome news and could go some way to helping to boost the overall to helping to boost the overall supply to helping to boost the overall supply of to helping to boost the overall supply of housing." to helping to boost the overall supply of housing." <INTERRUPTION> supply of housing." <INTERRUPTION> Supplementary. supply of housing." <INTERRUPTION> Supplementary. Will supply of housing." <INTERRUPTION> Supplementary. Will new supply of housing." <INTERRUPTION> Supplementary. Will new builds, Supplementary. Will new builds, built Supplementary. Will new builds, built for Supplementary. Will new builds, built for the Supplementary. Will new builds, built for the purposes Supplementary. Will new builds, built for the purposes of Supplementary. Will new builds, built for the purposes of renting, built for the purposes of renting, be built for the purposes of renting, be exempt? built for the purposes of renting, be exempt? On built for the purposes of renting, be exempt? On behalf built for the purposes of renting, be exempt? On behalf of built for the purposes of renting, be exempt? On behalf of the be exempt? On behalf of the minister, be exempt? On behalf of the minister, "It be exempt? On behalf of the minister, "It is be exempt? On behalf of the minister, "It is important be exempt? On behalf of the minister, "It is important to be exempt? On behalf of the minister, "It is important to cheer minister, "It is important to cheer up minister, "It is important to cheer up some minister, "It is important to cheer up some of minister, "It is important to cheer up some of the minister, "It is important to cheer up some of the misinformation minister, "It is important to cheer up some of the misinformation that up some of the misinformation that has up some of the misinformation that has been up some of the misinformation that has been spread up some of the misinformation that has been spread by up some of the misinformation that has been spread by some up some of the misinformation that has been spread by some members up some of the misinformation that has been spread by some members in has been spread by some members in this has been spread by some members in this House." has been spread by some members in this House." <INTERRUPTION> this House." <INTERRUPTION> "Property this House." <INTERRUPTION> "Property developers this House." <INTERRUPTION> "Property developers building this House." <INTERRUPTION> "Property developers building new "Property developers building new homes "Property developers building new homes and "Property developers building new homes and - "Property developers building new homes and - or "Property developers building new homes and - or purchases "Property developers building new homes and - or purchases of "Property developers building new homes and - or purchases of new homes and - or purchases of new builds homes and - or purchases of new builds will homes and - or purchases of new builds will be homes and - or purchases of new builds will be exempt homes and - or purchases of new builds will be exempt from homes and - or purchases of new builds will be exempt from the builds will be exempt from the 10-year builds will be exempt from the 10-year bright-line builds will be exempt from the 10-year bright-line test builds will be exempt from the 10-year bright-line test and builds will be exempt from the 10-year bright-line test and the 10-year bright-line test and the interest 10-year bright-line test and the interest deductibility 10-year bright-line test and the interest deductibility changes interest deductibility changes regardless interest deductibility changes regardless of interest deductibility changes regardless of what interest deductibility changes regardless of what the interest deductibility changes regardless of what the home interest deductibility changes regardless of what the home is interest deductibility changes regardless of what the home is used regardless of what the home is used for. regardless of what the home is used for. This regardless of what the home is used for. This includes regardless of what the home is used for. This includes new regardless of what the home is used for. This includes new rental regardless of what the home is used for. This includes new rental builds for. This includes new rental builds purchased for. This includes new rental builds purchased by for. This includes new rental builds purchased by investors." for. This includes new rental builds purchased by investors." Order. for. This includes new rental builds purchased by investors." Order. The purchased by investors." Order. The member purchased by investors." Order. The member not purchased by investors." Order. The member not only purchased by investors." Order. The member not only addressed purchased by investors." Order. The member not only addressed the member not only addressed the question, member not only addressed the question, she member not only addressed the question, she answered member not only addressed the question, she answered it. member not only addressed the question, she answered it. Question question, she answered it. Question No. question, she answered it. Question No. 9, question, she answered it. Question No. 9, Nicola question, she answered it. Question No. 9, Nicola Willis. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Housing: My question is to the Minister of Housing: Does My question is to the Minister of Housing: Does she My question is to the Minister of Housing: Does she stand My question is to the Minister of Housing: Does she stand by My question is to the Minister of Housing: Does she stand by her Housing: Does she stand by her response Housing: Does she stand by her response to Housing: Does she stand by her response to concerns Housing: Does she stand by her response to concerns that Housing: Does she stand by her response to concerns that the Housing: Does she stand by her response to concerns that the First response to concerns that the First Home response to concerns that the First Home Grants response to concerns that the First Home Grants and response to concerns that the First Home Grants and Loans response to concerns that the First Home Grants and Loans caps response to concerns that the First Home Grants and Loans caps are response to concerns that the First Home Grants and Loans caps are too Home Grants and Loans caps are too low, Home Grants and Loans caps are too low, "so Home Grants and Loans caps are too low, "so for Home Grants and Loans caps are too low, "so for the Home Grants and Loans caps are too low, "so for the lower Home Grants and Loans caps are too low, "so for the lower quartile, Home Grants and Loans caps are too low, "so for the lower quartile, the low, "so for the lower quartile, the fourth low, "so for the lower quartile, the fourth quartile low, "so for the lower quartile, the fourth quartile of low, "so for the lower quartile, the fourth quartile of that, low, "so for the lower quartile, the fourth quartile of that, that low, "so for the lower quartile, the fourth quartile of that, that is low, "so for the lower quartile, the fourth quartile of that, that is the fourth quartile of that, that is the median fourth quartile of that, that is the median point fourth quartile of that, that is the median point of fourth quartile of that, that is the median point of houses fourth quartile of that, that is the median point of houses currently median point of houses currently that median point of houses currently that had median point of houses currently that had been median point of houses currently that had been sold median point of houses currently that had been sold in median point of houses currently that had been sold in March median point of houses currently that had been sold in March in that had been sold in March in 2021"; that had been sold in March in 2021"; if that had been sold in March in 2021"; if so, that had been sold in March in 2021"; if so, how that had been sold in March in 2021"; if so, how many that had been sold in March in 2021"; if so, how many homes that had been sold in March in 2021"; if so, how many homes at that had been sold in March in 2021"; if so, how many homes at this 2021"; if so, how many homes at this price 2021"; if so, how many homes at this price point 2021"; if so, how many homes at this price point will 2021"; if so, how many homes at this price point will the 2021"; if so, how many homes at this price point will the Housing price point will the Housing Acceleration price point will the Housing Acceleration Fund price point will the Housing Acceleration Fund aim price point will the Housing Acceleration Fund aim to price point will the Housing Acceleration Fund aim to get price point will the Housing Acceleration Fund aim to get built Acceleration Fund aim to get built in Acceleration Fund aim to get built in the Acceleration Fund aim to get built in the next Acceleration Fund aim to get built in the next 24 Acceleration Fund aim to get built in the next 24 months? Thank Thank you. Thank you. I Thank you. I stand Thank you. I stand by Thank you. I stand by my Thank you. I stand by my full Thank you. I stand by my full response Thank you. I stand by my full response for Thank you. I stand by my full response for determining Thank you. I stand by my full response for determining the response for determining the increase response for determining the increase to response for determining the increase to first response for determining the increase to first home response for determining the increase to first home grants response for determining the increase to first home grants and increase to first home grants and loan increase to first home grants and loan caps. increase to first home grants and loan caps. They increase to first home grants and loan caps. They are increase to first home grants and loan caps. They are based increase to first home grants and loan caps. They are based on increase to first home grants and loan caps. They are based on prices loan caps. They are based on prices in loan caps. They are based on prices in the loan caps. They are based on prices in the lower loan caps. They are based on prices in the lower qua loan caps. They are based on prices in the lower qua tile loan caps. They are based on prices in the lower qua tile part loan caps. They are based on prices in the lower qua tile part of loan caps. They are based on prices in the lower qua tile part of the in the lower qua tile part of the market, in the lower qua tile part of the market, which in the lower qua tile part of the market, which is in the lower qua tile part of the market, which is where in the lower qua tile part of the market, which is where many in the lower qua tile part of the market, which is where many first market, which is where many first home market, which is where many first home buyers market, which is where many first home buyers are market, which is where many first home buyers are purchasing. market, which is where many first home buyers are purchasing. I market, which is where many first home buyers are purchasing. I will home buyers are purchasing. I will remind home buyers are purchasing. I will remind that home buyers are purchasing. I will remind that member home buyers are purchasing. I will remind that member that home buyers are purchasing. I will remind that member that the home buyers are purchasing. I will remind that member that the package remind that member that the package has remind that member that the package has two remind that member that the package has two distinct remind that member that the package has two distinct components remind that member that the package has two distinct components - remind that member that the package has two distinct components - demand has two distinct components - demand measures has two distinct components - demand measures and has two distinct components - demand measures and supply has two distinct components - demand measures and supply measures. has two distinct components - demand measures and supply measures. The measures and supply measures. The member measures and supply measures. The member is measures and supply measures. The member is confusing measures and supply measures. The member is confusing our measures and supply measures. The member is confusing our Government's member is confusing our Government's help member is confusing our Government's help for member is confusing our Government's help for first member is confusing our Government's help for first home member is confusing our Government's help for first home buyers member is confusing our Government's help for first home buyers with member is confusing our Government's help for first home buyers with the help for first home buyers with the supply help for first home buyers with the supply side help for first home buyers with the supply side component help for first home buyers with the supply side component of help for first home buyers with the supply side component of our supply side component of our supply side component of our supply side component of our package. In supply side component of our package. In answer supply side component of our package. In answer to supply side component of our package. In answer to the supply side component of our package. In answer to the second package. In answer to the second part package. In answer to the second part of package. In answer to the second part of the package. In answer to the second part of the member's package. In answer to the second part of the member's question, package. In answer to the second part of the member's question, the part of the member's question, the intent part of the member's question, the intent of part of the member's question, the intent of the part of the member's question, the intent of the $3.8 part of the member's question, the intent of the $3.8 billion part of the member's question, the intent of the $3.8 billion housing intent of the $3.8 billion housing acceleration intent of the $3.8 billion housing acceleration fund, intent of the $3.8 billion housing acceleration fund, is intent of the $3.8 billion housing acceleration fund, is to intent of the $3.8 billion housing acceleration fund, is to increase acceleration fund, is to increase supply acceleration fund, is to increase supply by acceleration fund, is to increase supply by creating acceleration fund, is to increase supply by creating build-ready acceleration fund, is to increase supply by creating build-ready land supply by creating build-ready land for supply by creating build-ready land for housing supply by creating build-ready land for housing to supply by creating build-ready land for housing to be supply by creating build-ready land for housing to be built supply by creating build-ready land for housing to be built on. supply by creating build-ready land for housing to be built on. This supply by creating build-ready land for housing to be built on. This is for housing to be built on. This is the for housing to be built on. This is the - for housing to be built on. This is the - something for housing to be built on. This is the - something that for housing to be built on. This is the - something that councils for housing to be built on. This is the - something that councils and the - something that councils and developers the - something that councils and developers have the - something that councils and developers have told the - something that councils and developers have told us the - something that councils and developers have told us is the - something that councils and developers have told us is missing developers have told us is missing from developers have told us is missing from the developers have told us is missing from the system developers have told us is missing from the system and developers have told us is missing from the system and we developers have told us is missing from the system and we are developers have told us is missing from the system and we are acting developers have told us is missing from the system and we are acting on from the system and we are acting on it. from the system and we are acting on it. This from the system and we are acting on it. This fund from the system and we are acting on it. This fund is from the system and we are acting on it. This fund is there from the system and we are acting on it. This fund is there to from the system and we are acting on it. This fund is there to enable it. This fund is there to enable houses it. This fund is there to enable houses to it. This fund is there to enable houses to be it. This fund is there to enable houses to be built. it. This fund is there to enable houses to be built. Within it. This fund is there to enable houses to be built. Within the it. This fund is there to enable houses to be built. Within the fund, houses to be built. Within the fund, there houses to be built. Within the fund, there is houses to be built. Within the fund, there is an houses to be built. Within the fund, there is an allocation houses to be built. Within the fund, there is an allocation as houses to be built. Within the fund, there is an allocation as part houses to be built. Within the fund, there is an allocation as part of there is an allocation as part of the there is an allocation as part of the land there is an allocation as part of the land for there is an allocation as part of the land for housing there is an allocation as part of the land for housing programme there is an allocation as part of the land for housing programme to the land for housing programme to focus the land for housing programme to focus on the land for housing programme to focus on non-market the land for housing programme to focus on non-market outcomes, the land for housing programme to focus on non-market outcomes, such focus on non-market outcomes, such as focus on non-market outcomes, such as pace focus on non-market outcomes, such as pace and focus on non-market outcomes, such as pace and affordability. focus on non-market outcomes, such as pace and affordability. The as pace and affordability. The housing as pace and affordability. The housing acceleration as pace and affordability. The housing acceleration fund as pace and affordability. The housing acceleration fund will as pace and affordability. The housing acceleration fund will begin housing acceleration fund will begin making housing acceleration fund will begin making investments housing acceleration fund will begin making investments in housing acceleration fund will begin making investments in the housing acceleration fund will begin making investments in the second making investments in the second half making investments in the second half of making investments in the second half of this making investments in the second half of this year making investments in the second half of this year and making investments in the second half of this year and work making investments in the second half of this year and work will half of this year and work will commence half of this year and work will commence within half of this year and work will commence within the half of this year and work will commence within the next half of this year and work will commence within the next 12 half of this year and work will commence within the next 12 to half of this year and work will commence within the next 12 to 18 commence within the next 12 to 18 months. commence within the next 12 to 18 months. By commence within the next 12 to 18 months. By the commence within the next 12 to 18 months. By the end commence within the next 12 to 18 months. By the end of commence within the next 12 to 18 months. By the end of June, commence within the next 12 to 18 months. By the end of June, I commence within the next 12 to 18 months. By the end of June, I will months. By the end of June, I will take months. By the end of June, I will take the months. By the end of June, I will take the final months. By the end of June, I will take the final design, months. By the end of June, I will take the final design, including take the final design, including criteria take the final design, including criteria to take the final design, including criteria to Cabinet, take the final design, including criteria to Cabinet, and take the final design, including criteria to Cabinet, and I take the final design, including criteria to Cabinet, and I expect criteria to Cabinet, and I expect the criteria to Cabinet, and I expect the criteria criteria to Cabinet, and I expect the criteria will criteria to Cabinet, and I expect the criteria will include criteria to Cabinet, and I expect the criteria will include a the criteria will include a performance the criteria will include a performance framework the criteria will include a performance framework to the criteria will include a performance framework to measure the criteria will include a performance framework to measure its performance framework to measure its success. success. <INTERRUPTION> <INTERRUPTION> What <INTERRUPTION> What did <INTERRUPTION> What did she <INTERRUPTION> What did she mean <INTERRUPTION> What did she mean when <INTERRUPTION> What did she mean when said <INTERRUPTION> What did she mean when said on <INTERRUPTION> What did she mean when said on raid What did she mean when said on raid you What did she mean when said on raid you news.abc.net.au What did she mean when said on raid you news.abc.net.au -- What did she mean when said on raid you news.abc.net.au -- radio What did she mean when said on raid you news.abc.net.au -- radio New you news.abc.net.au -- radio New Zealand, you news.abc.net.au -- radio New Zealand, "It you news.abc.net.au -- radio New Zealand, "It is you news.abc.net.au -- radio New Zealand, "It is base you news.abc.net.au -- radio New Zealand, "It is base on you news.abc.net.au -- radio New Zealand, "It is base on the you news.abc.net.au -- radio New Zealand, "It is base on the data, you news.abc.net.au -- radio New Zealand, "It is base on the data, so Zealand, "It is base on the data, so what Zealand, "It is base on the data, so what we Zealand, "It is base on the data, so what we know Zealand, "It is base on the data, so what we know is Zealand, "It is base on the data, so what we know is what Zealand, "It is base on the data, so what we know is what the Zealand, "It is base on the data, so what we know is what the four Zealand, "It is base on the data, so what we know is what the four qua what we know is what the four qua tiles what we know is what the four qua tiles of what we know is what the four qua tiles of housing what we know is what the four qua tiles of housing are. what we know is what the four qua tiles of housing are. 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What I'm proud of is the fact that What I'm proud of is the fact that our What I'm proud of is the fact that our Government What I'm proud of is the fact that our Government has What I'm proud of is the fact that our Government has been What I'm proud of is the fact that our Government has been delivering our Government has been delivering over our Government has been delivering over 16,892 our Government has been delivering over 16,892 first our Government has been delivering over 16,892 first home our Government has been delivering over 16,892 first home grants our Government has been delivering over 16,892 first home grants a over 16,892 first home grants a year. over 16,892 first home grants a year. This over 16,892 first home grants a year. This compared over 16,892 first home grants a year. This compared to over 16,892 first home grants a year. This compared to National over 16,892 first home grants a year. This compared to National in year. This compared to National in Government, year. This compared to National in Government, who year. This compared to National in Government, who were year. This compared to National in Government, who were only year. This compared to National in Government, who were only delivering Government, who were only delivering 6,275. Government, who were only delivering 6,275. <INTERRUPTION> 6,275. <INTERRUPTION> Does 6,275. <INTERRUPTION> Does she 6,275. <INTERRUPTION> Does she agree 6,275. <INTERRUPTION> Does she agree with 6,275. <INTERRUPTION> Does she agree with analysis 6,275. <INTERRUPTION> Does she agree with analysis based Does she agree with analysis based on Does she agree with analysis based on real Does she agree with analysis based on real estate Does she agree with analysis based on real estate Innes Does she agree with analysis based on real estate Innes Tate Does she agree with analysis based on real estate Innes Tate sales Does she agree with analysis based on real estate Innes Tate sales data on real estate Innes Tate sales data that on real estate Innes Tate sales data that only on real estate Innes Tate sales data that only an on real estate Innes Tate sales data that only an additional on real estate Innes Tate sales data that only an additional 487 on real estate Innes Tate sales data that only an additional 487 houses that only an additional 487 houses would that only an additional 487 houses would have that only an additional 487 houses would have qualified that only an additional 487 houses would have qualified for that only an additional 487 houses would have qualified for the would have qualified for the adjusted would have qualified for the adjusted first would have qualified for the adjusted first home would have qualified for the adjusted first home grant would have qualified for the adjusted first home grant scheme would have qualified for the adjusted first home grant scheme had adjusted first home grant scheme had it adjusted first home grant scheme had it applied adjusted first home grant scheme had it applied last adjusted first home grant scheme had it applied last year, adjusted first home grant scheme had it applied last year, and adjusted first home grant scheme had it applied last year, and if adjusted first home grant scheme had it applied last year, and if not, it applied last year, and if not, what it applied last year, and if not, what is it applied last year, and if not, what is the it applied last year, and if not, what is the number? it applied last year, and if not, what is the number? Mr it applied last year, and if not, what is the number? Mr Speaker, it applied last year, and if not, what is the number? Mr Speaker, what what is the number? Mr Speaker, what I what is the number? Mr Speaker, what I can what is the number? Mr Speaker, what I can tell what is the number? Mr Speaker, what I can tell that what is the number? Mr Speaker, what I can tell that member what is the number? Mr Speaker, what I can tell that member is what is the number? Mr Speaker, what I can tell that member is just I can tell that member is just before I can tell that member is just before I I can tell that member is just before I came I can tell that member is just before I came down I can tell that member is just before I came down to I can tell that member is just before I came down to question I can tell that member is just before I came down to question time before I came down to question time there before I came down to question time there were before I came down to question time there were over before I came down to question time there were over 1,400 before I came down to question time there were over 1,400 homes before I came down to question time there were over 1,400 homes below there were over 1,400 homes below the there were over 1,400 homes below the price there were over 1,400 homes below the price cap there were over 1,400 homes below the price cap available there were over 1,400 homes below the price cap available in there were over 1,400 homes below the price cap available in Auckland the price cap available in Auckland alone! alone! <INTERRUPTION> <INTERRUPTION> How <INTERRUPTION> How can <INTERRUPTION> How can we <INTERRUPTION> How can we trust <INTERRUPTION> How can we trust this <INTERRUPTION> How can we trust this Minister <INTERRUPTION> How can we trust this Minister to How can we trust this Minister to deliver How can we trust this Minister to deliver for How can we trust this Minister to deliver for first How can we trust this Minister to deliver for first home How can we trust this Minister to deliver for first home buyers How can we trust this Minister to deliver for first home buyers when deliver for first home buyers when in deliver for first home buyers when in December deliver for first home buyers when in December 2018 deliver for first home buyers when in December 2018 the deliver for first home buyers when in December 2018 the previous in December 2018 the previous Minister in December 2018 the previous Minister for in December 2018 the previous Minister for Housing in December 2018 the previous Minister for Housing made in December 2018 the previous Minister for Housing made changes in December 2018 the previous Minister for Housing made changes to Minister for Housing made changes to the Minister for Housing made changes to the first Minister for Housing made changes to the first home Minister for Housing made changes to the first home grant Minister for Housing made changes to the first home grant and Minister for Housing made changes to the first home grant and loan the first home grant and loan scheme, the first home grant and loan scheme, promising the first home grant and loan scheme, promising it the first home grant and loan scheme, promising it would the first home grant and loan scheme, promising it would fund the first home grant and loan scheme, promising it would fund an scheme, promising it would fund an additional scheme, promising it would fund an additional 230 scheme, promising it would fund an additional 230 grants scheme, promising it would fund an additional 230 grants per scheme, promising it would fund an additional 230 grants per year, scheme, promising it would fund an additional 230 grants per year, but additional 230 grants per year, but between additional 230 grants per year, but between then additional 230 grants per year, but between then and additional 230 grants per year, but between then and now additional 230 grants per year, but between then and now the additional 230 grants per year, but between then and now the number additional 230 grants per year, but between then and now the number of between then and now the number of first between then and now the number of first home between then and now the number of first home grants between then and now the number of first home grants approved between then and now the number of first home grants approved each between then and now the number of first home grants approved each year first home grants approved each year has first home grants approved each year has decreased first home grants approved each year has decreased by first home grants approved each year has decreased by more first home grants approved each year has decreased by more than first home grants approved each year has decreased by more than 2,000? has decreased by more than 2,000? I've has decreased by more than 2,000? I've already has decreased by more than 2,000? I've already informed has decreased by more than 2,000? I've already informed that has decreased by more than 2,000? I've already informed that member has decreased by more than 2,000? I've already informed that member in I've already informed that member in answer I've already informed that member in answer to I've already informed that member in answer to her I've already informed that member in answer to her previous I've already informed that member in answer to her previous supplementary answer to her previous supplementary question answer to her previous supplementary question that answer to her previous supplementary question that this answer to her previous supplementary question that this Government answer to her previous supplementary question that this Government has question that this Government has been question that this Government has been performing question that this Government has been performing nearly question that this Government has been performing nearly - question that this Government has been performing nearly - at question that this Government has been performing nearly - at nearly been performing nearly - at nearly three been performing nearly - at nearly three times been performing nearly - at nearly three times the been performing nearly - at nearly three times the rate been performing nearly - at nearly three times the rate of been performing nearly - at nearly three times the rate of giving been performing nearly - at nearly three times the rate of giving out three times the rate of giving out first three times the rate of giving out first home three times the rate of giving out first home grants three times the rate of giving out first home grants in three times the rate of giving out first home grants in the three times the rate of giving out first home grants in the previous first home grants in the previous National first home grants in the previous National government. first home grants in the previous National government. We first home grants in the previous National government. We are first home grants in the previous National government. We are a National government. We are a Government National government. We are a Government that National government. We are a Government that have National government. We are a Government that have prioritised Government that have prioritised first Government that have prioritised first home Government that have prioritised first home buyers Government that have prioritised first home buyers and Government that have prioritised first home buyers and are Government that have prioritised first home buyers and are doing first home buyers and are doing everything first home buyers and are doing everything to first home buyers and are doing everything to support first home buyers and are doing everything to support them. first home buyers and are doing everything to support them. Nearly everything to support them. Nearly three everything to support them. Nearly three times everything to support them. Nearly three times more everything to support them. Nearly three times more than everything to support them. Nearly three times more than the everything to support them. Nearly three times more than the previous three times more than the previous Government three times more than the previous Government did! three times more than the previous Government did! <INTERRUPTION> Government did! <INTERRUPTION> Question Government did! <INTERRUPTION> Question number Government did! <INTERRUPTION> Question number 10. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Foreign My question is to the Minister of Foreign Affairs: My question is to the Minister of Foreign Affairs: What My question is to the Minister of Foreign Affairs: What recent Foreign Affairs: What recent announcements Foreign Affairs: What recent announcements has Foreign Affairs: What recent announcements has she Foreign Affairs: What recent announcements has she made Foreign Affairs: What recent announcements has she made about announcements has she made about supporting announcements has she made about supporting the announcements has she made about supporting the COVID-19 announcements has she made about supporting the COVID-19 response supporting the COVID-19 response across supporting the COVID-19 response across the supporting the COVID-19 response across the Pacific? We We are We are ready We are ready to We are ready to extend We are ready to extend help We are ready to extend help across We are ready to extend help across the We are ready to extend help across the Pacific We are ready to extend help across the Pacific if We are ready to extend help across the Pacific if and We are ready to extend help across the Pacific if and when We are ready to extend help across the Pacific if and when called We are ready to extend help across the Pacific if and when called on the Pacific if and when called on during the Pacific if and when called on during the the Pacific if and when called on during the challenging the Pacific if and when called on during the challenging times. the Pacific if and when called on during the challenging times. We during the challenging times. We have during the challenging times. We have recently during the challenging times. We have recently provided during the challenging times. We have recently provided support during the challenging times. We have recently provided support to have recently provided support to the have recently provided support to the Government have recently provided support to the Government of have recently provided support to the Government of Papua have recently provided support to the Government of Papua New have recently provided support to the Government of Papua New Guinea the Government of Papua New Guinea as the Government of Papua New Guinea as they the Government of Papua New Guinea as they confront the Government of Papua New Guinea as they confront an the Government of Papua New Guinea as they confront an outbreak the Government of Papua New Guinea as they confront an outbreak of as they confront an outbreak of COVID-19. as they confront an outbreak of COVID-19. The as they confront an outbreak of COVID-19. The New as they confront an outbreak of COVID-19. The New Zealand as they confront an outbreak of COVID-19. The New Zealand Defence COVID-19. The New Zealand Defence Force COVID-19. The New Zealand Defence Force delivered COVID-19. The New Zealand Defence Force delivered PPE COVID-19. The New Zealand Defence Force delivered PPE to COVID-19. The New Zealand Defence Force delivered PPE to Port COVID-19. The New Zealand Defence Force delivered PPE to Port Moresby Force delivered PPE to Port Moresby last Force delivered PPE to Port Moresby last Saturday. Force delivered PPE to Port Moresby last Saturday. Those Force delivered PPE to Port Moresby last Saturday. Those kits Force delivered PPE to Port Moresby last Saturday. Those kits included last Saturday. Those kits included hand last Saturday. Those kits included hand sanitiser, last Saturday. Those kits included hand sanitiser, goggles, last Saturday. Those kits included hand sanitiser, goggles, biohazard hand sanitiser, goggles, biohazard bags, hand sanitiser, goggles, biohazard bags, sterilising hand sanitiser, goggles, biohazard bags, sterilising tablet, hand sanitiser, goggles, biohazard bags, sterilising tablet, shoe hand sanitiser, goggles, biohazard bags, sterilising tablet, shoe sharp bags, sterilising tablet, shoe sharp boxes, bags, sterilising tablet, shoe sharp boxes, infra-red bags, sterilising tablet, shoe sharp boxes, infra-red she bags, sterilising tablet, shoe sharp boxes, infra-red she Melbourne bags, sterilising tablet, shoe sharp boxes, infra-red she Melbourne Storm boxes, infra-red she Melbourne Storm tear, boxes, infra-red she Melbourne Storm tear, swab, boxes, infra-red she Melbourne Storm tear, swab, gown, boxes, infra-red she Melbourne Storm tear, swab, gown, surgical boxes, infra-red she Melbourne Storm tear, swab, gown, surgical masks boxes, infra-red she Melbourne Storm tear, swab, gown, surgical masks and tear, swab, gown, surgical masks and face tear, swab, gown, surgical masks and face shields tear, swab, gown, surgical masks and face shields making tear, swab, gown, surgical masks and face shields making funding face shields making funding available face shields making funding available to face shields making funding available to the face shields making funding available to the New face shields making funding available to the New Zealand face shields making funding available to the New Zealand High available to the New Zealand High Commission available to the New Zealand High Commission in available to the New Zealand High Commission in Port available to the New Zealand High Commission in Port Moresby available to the New Zealand High Commission in Port Moresby to Commission in Port Moresby to respond Commission in Port Moresby to respond to Commission in Port Moresby to respond to the Commission in Port Moresby to respond to the needs Commission in Port Moresby to respond to the needs on Commission in Port Moresby to respond to the needs on the Commission in Port Moresby to respond to the needs on the ground respond to the needs on the ground as respond to the needs on the ground as requested respond to the needs on the ground as requested by respond to the needs on the ground as requested by partners respond to the needs on the ground as requested by partners in respond to the needs on the ground as requested by partners in Papua as requested by partners in Papua New as requested by partners in Papua New Guinea. as requested by partners in Papua New Guinea. Good as requested by partners in Papua New Guinea. Good work! as requested by partners in Papua New Guinea. Good work! What as requested by partners in Papua New Guinea. Good work! What other New Guinea. Good work! What other support New Guinea. Good work! What other support has New Guinea. Good work! What other support has the New Guinea. Good work! What other support has the minister New Guinea. Good work! What other support has the minister provided New Guinea. Good work! What other support has the minister provided to support has the minister provided to support support has the minister provided to support the support has the minister provided to support the COVID-19 support has the minister provided to support the COVID-19 response support has the minister provided to support the COVID-19 response across support the COVID-19 response across the support the COVID-19 response across the Pacific? support the COVID-19 response across the Pacific? As support the COVID-19 response across the Pacific? As we support the COVID-19 response across the Pacific? As we observe, support the COVID-19 response across the Pacific? As we observe, the the Pacific? As we observe, the increased the Pacific? As we observe, the increased challenge the Pacific? As we observe, the increased challenge of the Pacific? As we observe, the increased challenge of a the Pacific? As we observe, the increased challenge of a response increased challenge of a response across increased challenge of a response across the increased challenge of a response across the Pacific, increased challenge of a response across the Pacific, we increased challenge of a response across the Pacific, we are increased challenge of a response across the Pacific, we are aware across the Pacific, we are aware that across the Pacific, we are aware that Timor-Leste across the Pacific, we are aware that Timor-Leste experienced across the Pacific, we are aware that Timor-Leste experienced the that Timor-Leste experienced the first that Timor-Leste experienced the first outbreak that Timor-Leste experienced the first outbreak of that Timor-Leste experienced the first outbreak of COVID-19 that Timor-Leste experienced the first outbreak of COVID-19 in that Timor-Leste experienced the first outbreak of COVID-19 in the first outbreak of COVID-19 in the community first outbreak of COVID-19 in the community during first outbreak of COVID-19 in the community during the first outbreak of COVID-19 in the community during the past first outbreak of COVID-19 in the community during the past week. first outbreak of COVID-19 in the community during the past week. To community during the past week. To help community during the past week. To help the community during the past week. To help the response community during the past week. To help the response to community during the past week. To help the response to escalating help the response to escalating health help the response to escalating health needs, help the response to escalating health needs, the help the response to escalating health needs, the New help the response to escalating health needs, the New Zealand help the response to escalating health needs, the New Zealand Air health needs, the New Zealand Air Force health needs, the New Zealand Air Force delivered health needs, the New Zealand Air Force delivered 4 health needs, the New Zealand Air Force delivered 4 tonnes health needs, the New Zealand Air Force delivered 4 tonnes of health needs, the New Zealand Air Force delivered 4 tonnes of PPE health needs, the New Zealand Air Force delivered 4 tonnes of PPE on Force delivered 4 tonnes of PPE on Tuesday. Force delivered 4 tonnes of PPE on Tuesday. We've Force delivered 4 tonnes of PPE on Tuesday. We've also Force delivered 4 tonnes of PPE on Tuesday. We've also made Force delivered 4 tonnes of PPE on Tuesday. We've also made emergency Tuesday. We've also made emergency funding Tuesday. We've also made emergency funding available Tuesday. We've also made emergency funding available to Tuesday. We've also made emergency funding available to enable Tuesday. We've also made emergency funding available to enable the Tuesday. We've also made emergency funding available to enable the New funding available to enable the New Zealand funding available to enable the New Zealand Embassy funding available to enable the New Zealand Embassy to funding available to enable the New Zealand Embassy to respond funding available to enable the New Zealand Embassy to respond to Zealand Embassy to respond to locally Zealand Embassy to respond to locally identified Zealand Embassy to respond to locally identified needs Zealand Embassy to respond to locally identified needs associated locally identified needs associated with locally identified needs associated with the locally identified needs associated with the outbreak, locally identified needs associated with the outbreak, and locally identified needs associated with the outbreak, and these with the outbreak, and these contributions with the outbreak, and these contributions are with the outbreak, and these contributions are additional with the outbreak, and these contributions are additional to with the outbreak, and these contributions are additional to the contributions are additional to the COVID-19-related contributions are additional to the COVID-19-related assistance contributions are additional to the COVID-19-related assistance that contributions are additional to the COVID-19-related assistance that we COVID-19-related assistance that we provided COVID-19-related assistance that we provided to COVID-19-related assistance that we provided to Timor-Leste COVID-19-related assistance that we provided to Timor-Leste last COVID-19-related assistance that we provided to Timor-Leste last year, provided to Timor-Leste last year, which provided to Timor-Leste last year, which included provided to Timor-Leste last year, which included the provided to Timor-Leste last year, which included the provision provided to Timor-Leste last year, which included the provision of provided to Timor-Leste last year, which included the provision of PPE which included the provision of PPE and which included the provision of PPE and grants which included the provision of PPE and grants for which included the provision of PPE and grants for NGO which included the provision of PPE and grants for NGO initiatives which included the provision of PPE and grants for NGO initiatives to and grants for NGO initiatives to raise and grants for NGO initiatives to raise community and grants for NGO initiatives to raise community awareness and grants for NGO initiatives to raise community awareness of and grants for NGO initiatives to raise community awareness of the raise community awareness of the disease raise community awareness of the disease and raise community awareness of the disease and reduce raise community awareness of the disease and reduce lockdown raise community awareness of the disease and reduce lockdown impacts disease and reduce lockdown impacts by disease and reduce lockdown impacts by strengthening disease and reduce lockdown impacts by strengthening food disease and reduce lockdown impacts by strengthening food security. disease and reduce lockdown impacts by strengthening food security. What by strengthening food security. What has by strengthening food security. What has been by strengthening food security. What has been the by strengthening food security. What has been the impact by strengthening food security. What has been the impact of by strengthening food security. What has been the impact of COVID-19 by strengthening food security. What has been the impact of COVID-19 more has been the impact of COVID-19 more generally has been the impact of COVID-19 more generally across has been the impact of COVID-19 more generally across the has been the impact of COVID-19 more generally across the Pacific? has been the impact of COVID-19 more generally across the Pacific? What generally across the Pacific? What is generally across the Pacific? What is New generally across the Pacific? What is New Zealand generally across the Pacific? What is New Zealand planning generally across the Pacific? What is New Zealand planning to generally across the Pacific? What is New Zealand planning to do generally across the Pacific? What is New Zealand planning to do to is New Zealand planning to do to support is New Zealand planning to do to support our is New Zealand planning to do to support our Pacific is New Zealand planning to do to support our Pacific neighbours? is New Zealand planning to do to support our Pacific neighbours? Mr support our Pacific neighbours? Mr Speaker, support our Pacific neighbours? Mr Speaker, our support our Pacific neighbours? Mr Speaker, our link support our Pacific neighbours? Mr Speaker, our link to support our Pacific neighbours? Mr Speaker, our link to the support our Pacific neighbours? Mr Speaker, our link to the Pacific Speaker, our link to the Pacific means Speaker, our link to the Pacific means we Speaker, our link to the Pacific means we are Speaker, our link to the Pacific means we are mindful Speaker, our link to the Pacific means we are mindful of Speaker, our link to the Pacific means we are mindful of the Speaker, our link to the Pacific means we are mindful of the economic means we are mindful of the economic impact means we are mindful of the economic impact of means we are mindful of the economic impact of COVID-19 means we are mindful of the economic impact of COVID-19 in means we are mindful of the economic impact of COVID-19 in the means we are mindful of the economic impact of COVID-19 in the Pacific. impact of COVID-19 in the Pacific. While impact of COVID-19 in the Pacific. While most impact of COVID-19 in the Pacific. While most of impact of COVID-19 in the Pacific. While most of the impact of COVID-19 in the Pacific. While most of the Pacific impact of COVID-19 in the Pacific. While most of the Pacific avoided While most of the Pacific avoided the While most of the Pacific avoided the health While most of the Pacific avoided the health impacts While most of the Pacific avoided the health impacts of While most of the Pacific avoided the health impacts of the While most of the Pacific avoided the health impacts of the pandemic, the health impacts of the pandemic, economies the health impacts of the pandemic, economies have the health impacts of the pandemic, economies have been the health impacts of the pandemic, economies have been damaged the health impacts of the pandemic, economies have been damaged and economies have been damaged and development economies have been damaged and development gains economies have been damaged and development gains have economies have been damaged and development gains have been economies have been damaged and development gains have been stalled development gains have been stalled by development gains have been stalled by the development gains have been stalled by the closure development gains have been stalled by the closure of development gains have been stalled by the closure of borders development gains have been stalled by the closure of borders and development gains have been stalled by the closure of borders and the by the closure of borders and the collapse by the closure of borders and the collapse of by the closure of borders and the collapse of the by the closure of borders and the collapse of the tourism by the closure of borders and the collapse of the tourism industry. collapse of the tourism industry. There collapse of the tourism industry. There is collapse of the tourism industry. There is worrying collapse of the tourism industry. There is worrying data collapse of the tourism industry. There is worrying data and collapse of the tourism industry. There is worrying data and analysis There is worrying data and analysis which There is worrying data and analysis which highlights There is worrying data and analysis which highlights stark There is worrying data and analysis which highlights stark economic which highlights stark economic vulnerabilities which highlights stark economic vulnerabilities that which highlights stark economic vulnerabilities that have which highlights stark economic vulnerabilities that have been vulnerabilities that have been heightened vulnerabilities that have been heightened by vulnerabilities that have been heightened by COVID-19 vulnerabilities that have been heightened by COVID-19 - vulnerabilities that have been heightened by COVID-19 - closed heightened by COVID-19 - closed borders, heightened by COVID-19 - closed borders, a heightened by COVID-19 - closed borders, a drop heightened by COVID-19 - closed borders, a drop in heightened by COVID-19 - closed borders, a drop in tourism heightened by COVID-19 - closed borders, a drop in tourism impacting borders, a drop in tourism impacting sector-dependent borders, a drop in tourism impacting sector-dependent businesses. sector-dependent businesses. Declining sector-dependent businesses. Declining living sector-dependent businesses. Declining living standards sector-dependent businesses. Declining living standards and Declining living standards and deepening Declining living standards and deepening inequalities Declining living standards and deepening inequalities will Declining living standards and deepening inequalities will have deepening inequalities will have flow-on deepening inequalities will have flow-on effects deepening inequalities will have flow-on effects for deepening inequalities will have flow-on effects for the deepening inequalities will have flow-on effects for the region's flow-on effects for the region's long-term flow-on effects for the region's long-term resilience. flow-on effects for the region's long-term resilience. Going flow-on effects for the region's long-term resilience. Going forward, long-term resilience. Going forward, we long-term resilience. Going forward, we will long-term resilience. Going forward, we will work long-term resilience. Going forward, we will work alongside long-term resilience. Going forward, we will work alongside Pacific we will work alongside Pacific partners we will work alongside Pacific partners to we will work alongside Pacific partners to support we will work alongside Pacific partners to support a we will work alongside Pacific partners to support a resilience partners to support a resilience strategy partners to support a resilience strategy as partners to support a resilience strategy as we partners to support a resilience strategy as we make partners to support a resilience strategy as we make further partners to support a resilience strategy as we make further ODA strategy as we make further ODA announcements strategy as we make further ODA announcements in strategy as we make further ODA announcements in the strategy as we make further ODA announcements in the near strategy as we make further ODA announcements in the near future. announcements in the near future. Golriz announcements in the near future. Golriz Ghahraman. announcements in the near future. Golriz Ghahraman. Thank announcements in the near future. Golriz Ghahraman. Thank you. announcements in the near future. Golriz Ghahraman. Thank you. Is announcements in the near future. Golriz Ghahraman. Thank you. Is her Golriz Ghahraman. Thank you. Is her statement Golriz Ghahraman. Thank you. Is her statement regarding Golriz Ghahraman. Thank you. Is her statement regarding the Golriz Ghahraman. Thank you. Is her statement regarding the Pacific statement regarding the Pacific that, statement regarding the Pacific that, "We statement regarding the Pacific that, "We need statement regarding the Pacific that, "We need to statement regarding the Pacific that, "We need to look statement regarding the Pacific that, "We need to look beyond statement regarding the Pacific that, "We need to look beyond our that, "We need to look beyond our own that, "We need to look beyond our own borders that, "We need to look beyond our own borders in that, "We need to look beyond our own borders in the that, "We need to look beyond our own borders in the fight that, "We need to look beyond our own borders in the fight to own borders in the fight to eradicate own borders in the fight to eradicate COVID-19", own borders in the fight to eradicate COVID-19", consistent own borders in the fight to eradicate COVID-19", consistent with eradicate COVID-19", consistent with the eradicate COVID-19", consistent with the Government's eradicate COVID-19", consistent with the Government's decision eradicate COVID-19", consistent with the Government's decision not eradicate COVID-19", consistent with the Government's decision not to the Government's decision not to support the Government's decision not to support relaxing the Government's decision not to support relaxing World the Government's decision not to support relaxing World Trade support relaxing World Trade Organization support relaxing World Trade Organization rules support relaxing World Trade Organization rules to support relaxing World Trade Organization rules to enable Organization rules to enable affordable, Organization rules to enable affordable, fair Organization rules to enable affordable, fair and Organization rules to enable affordable, fair and equitable affordable, fair and equitable people's affordable, fair and equitable people's vaccine affordable, fair and equitable people's vaccine to affordable, fair and equitable people's vaccine to the affordable, fair and equitable people's vaccine to the Pacific affordable, fair and equitable people's vaccine to the Pacific and people's vaccine to the Pacific and globally? people's vaccine to the Pacific and globally? Mr people's vaccine to the Pacific and globally? Mr Speaker, people's vaccine to the Pacific and globally? Mr Speaker, yes. people's vaccine to the Pacific and globally? Mr Speaker, yes. We people's vaccine to the Pacific and globally? Mr Speaker, yes. We are globally? Mr Speaker, yes. We are committed globally? Mr Speaker, yes. We are committed to globally? Mr Speaker, yes. We are committed to supporting globally? Mr Speaker, yes. We are committed to supporting the globally? Mr Speaker, yes. We are committed to supporting the Pacific. committed to supporting the Pacific. That committed to supporting the Pacific. That is committed to supporting the Pacific. That is why committed to supporting the Pacific. That is why we committed to supporting the Pacific. That is why we have committed to supporting the Pacific. That is why we have committed committed to supporting the Pacific. That is why we have committed - committed to supporting the Pacific. That is why we have committed - with That is why we have committed - with Australia That is why we have committed - with Australia - That is why we have committed - with Australia - to That is why we have committed - with Australia - to roll That is why we have committed - with Australia - to roll out That is why we have committed - with Australia - to roll out vaccines Australia - to roll out vaccines across Australia - to roll out vaccines across Pacific Australia - to roll out vaccines across Pacific countries. Australia - to roll out vaccines across Pacific countries. Our Australia - to roll out vaccines across Pacific countries. Our ties across Pacific countries. Our ties to across Pacific countries. Our ties to the across Pacific countries. Our ties to the Pacific across Pacific countries. Our ties to the Pacific reinforces across Pacific countries. Our ties to the Pacific reinforces our across Pacific countries. Our ties to the Pacific reinforces our duty to the Pacific reinforces our duty of to the Pacific reinforces our duty of care to the Pacific reinforces our duty of care to to the Pacific reinforces our duty of care to ensure to the Pacific reinforces our duty of care to ensure there to the Pacific reinforces our duty of care to ensure there is to the Pacific reinforces our duty of care to ensure there is the of care to ensure there is the provision of care to ensure there is the provision of of care to ensure there is the provision of vaccines of care to ensure there is the provision of vaccines across of care to ensure there is the provision of vaccines across the provision of vaccines across the Pacific provision of vaccines across the Pacific and provision of vaccines across the Pacific and that's provision of vaccines across the Pacific and that's why provision of vaccines across the Pacific and that's why we provision of vaccines across the Pacific and that's why we are Pacific and that's why we are working Pacific and that's why we are working to Pacific and that's why we are working to ensure Pacific and that's why we are working to ensure widespread working to ensure widespread coverage working to ensure widespread coverage between working to ensure widespread coverage between us. working to ensure widespread coverage between us. We working to ensure widespread coverage between us. We are working to ensure widespread coverage between us. We are still coverage between us. We are still discussing coverage between us. We are still discussing the coverage between us. We are still discussing the trip's coverage between us. We are still discussing the trip's waive coverage between us. We are still discussing the trip's waive tore coverage between us. We are still discussing the trip's waive tore the discussing the trip's waive tore the WTO. discussing the trip's waive tore the WTO. New discussing the trip's waive tore the WTO. New Zealand discussing the trip's waive tore the WTO. New Zealand is discussing the trip's waive tore the WTO. New Zealand is engaging discussing the trip's waive tore the WTO. New Zealand is engaging in discussing the trip's waive tore the WTO. New Zealand is engaging in this WTO. New Zealand is engaging in this discussion WTO. New Zealand is engaging in this discussion fully WTO. New Zealand is engaging in this discussion fully and WTO. New Zealand is engaging in this discussion fully and we WTO. New Zealand is engaging in this discussion fully and we are WTO. New Zealand is engaging in this discussion fully and we are working discussion fully and we are working with discussion fully and we are working with countries discussion fully and we are working with countries around discussion fully and we are working with countries around the discussion fully and we are working with countries around the world discussion fully and we are working with countries around the world to with countries around the world to broaden with countries around the world to broaden the with countries around the world to broaden the discussion with countries around the world to broaden the discussion in with countries around the world to broaden the discussion in the with countries around the world to broaden the discussion in the WTO with countries around the world to broaden the discussion in the WTO to broaden the discussion in the WTO to urgently broaden the discussion in the WTO to urgently address broaden the discussion in the WTO to urgently address the broaden the discussion in the WTO to urgently address the manufacturing urgently address the manufacturing and urgently address the manufacturing and distribution urgently address the manufacturing and distribution of urgently address the manufacturing and distribution of vaccines. and distribution of vaccines. Question and distribution of vaccines. Question number and distribution of vaccines. Question number 11. and distribution of vaccines. Question number 11. The and distribution of vaccines. Question number 11. The Hon and distribution of vaccines. Question number 11. The Hon Dr and distribution of vaccines. Question number 11. The Hon Dr Nick Question number 11. The Hon Dr Nick Smith. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Research, My question is to the Minister of Research, Science My question is to the Minister of Research, Science and My question is to the Minister of Research, Science and Innovation: Research, Science and Innovation: Does Research, Science and Innovation: Does she Research, Science and Innovation: Does she stand Research, Science and Innovation: Does she stand by Research, Science and Innovation: Does she stand by the Research, Science and Innovation: Does she stand by the Government's Does she stand by the Government's research Does she stand by the Government's research and Does she stand by the Government's research and development Does she stand by the Government's research and development policies; research and development policies; if research and development policies; if so, research and development policies; if so, does research and development policies; if so, does she research and development policies; if so, does she agree research and development policies; if so, does she agree with if so, does she agree with PricewaterhouseCoopers' if so, does she agree with PricewaterhouseCoopers' Research if so, does she agree with PricewaterhouseCoopers' Research and PricewaterhouseCoopers' Research and Development PricewaterhouseCoopers' Research and Development National PricewaterhouseCoopers' Research and Development National Director PricewaterhouseCoopers' Research and Development National Director that, Development National Director that, with Development National Director that, with the Development National Director that, with the new Development National Director that, with the new funding Development National Director that, with the new funding system, with the new funding system, "businesses with the new funding system, "businesses would with the new funding system, "businesses would have with the new funding system, "businesses would have no with the new funding system, "businesses would have no choice with the new funding system, "businesses would have no choice but "businesses would have no choice but to "businesses would have no choice but to delay "businesses would have no choice but to delay projects, "businesses would have no choice but to delay projects, in "businesses would have no choice but to delay projects, in the "businesses would have no choice but to delay projects, in the worst-case to delay projects, in the worst-case scenario to delay projects, in the worst-case scenario cancelling to delay projects, in the worst-case scenario cancelling them to delay projects, in the worst-case scenario cancelling them altogether, scenario cancelling them altogether, and scenario cancelling them altogether, and actually scenario cancelling them altogether, and actually having scenario cancelling them altogether, and actually having to scenario cancelling them altogether, and actually having to get scenario cancelling them altogether, and actually having to get rid scenario cancelling them altogether, and actually having to get rid of and actually having to get rid of highly-skilled and actually having to get rid of highly-skilled staff and actually having to get rid of highly-skilled staff ... and actually having to get rid of highly-skilled staff ... It's and actually having to get rid of highly-skilled staff ... It's the highly-skilled staff ... It's the complete highly-skilled staff ... It's the complete opposite highly-skilled staff ... It's the complete opposite effect highly-skilled staff ... It's the complete opposite effect of highly-skilled staff ... It's the complete opposite effect of what highly-skilled staff ... It's the complete opposite effect of what was complete opposite effect of what was intended"? In In answer In answer to In answer to the In answer to the first In answer to the first part In answer to the first part of In answer to the first part of question In answer to the first part of question yes. In answer to the first part of question yes. In In answer to the first part of question yes. In answer In answer to the first part of question yes. In answer to In answer to the first part of question yes. In answer to the question yes. In answer to the second question yes. In answer to the second part, question yes. In answer to the second part, no. question yes. In answer to the second part, no. Was question yes. In answer to the second part, no. Was it question yes. In answer to the second part, no. Was it the second part, no. Was it the Government's second part, no. Was it the Government's intention second part, no. Was it the Government's intention that second part, no. Was it the Government's intention that 250 Government's intention that 250 software Government's intention that 250 software development Government's intention that 250 software development companies, Government's intention that 250 software development companies, like software development companies, like Orion software development companies, like Orion Health, software development companies, like Orion Health, will software development companies, like Orion Health, will have software development companies, like Orion Health, will have cuts software development companies, like Orion Health, will have cuts of software development companies, like Orion Health, will have cuts of 90% Orion Health, will have cuts of 90% in Orion Health, will have cuts of 90% in their Orion Health, will have cuts of 90% in their support Orion Health, will have cuts of 90% in their support for Orion Health, will have cuts of 90% in their support for R&D Orion Health, will have cuts of 90% in their support for R&D from Orion Health, will have cuts of 90% in their support for R&D from 1 in their support for R&D from 1 April in their support for R&D from 1 April as in their support for R&D from 1 April as a in their support for R&D from 1 April as a consequence in their support for R&D from 1 April as a consequence of in their support for R&D from 1 April as a consequence of her in their support for R&D from 1 April as a consequence of her policy April as a consequence of her policy changes, April as a consequence of her policy changes, as April as a consequence of her policy changes, as stated April as a consequence of her policy changes, as stated by April as a consequence of her policy changes, as stated by Tech April as a consequence of her policy changes, as stated by Tech New changes, as stated by Tech New Zealand's changes, as stated by Tech New Zealand's CEO changes, as stated by Tech New Zealand's CEO Graham changes, as stated by Tech New Zealand's CEO Graham Muller? changes, as stated by Tech New Zealand's CEO Graham Muller? As changes, as stated by Tech New Zealand's CEO Graham Muller? As we Zealand's CEO Graham Muller? As we went Zealand's CEO Graham Muller? As we went through Zealand's CEO Graham Muller? As we went through the Zealand's CEO Graham Muller? As we went through the design Zealand's CEO Graham Muller? As we went through the design phase Zealand's CEO Graham Muller? As we went through the design phase of Zealand's CEO Graham Muller? As we went through the design phase of the went through the design phase of the R&D went through the design phase of the R&D tax went through the design phase of the R&D tax incentive went through the design phase of the R&D tax incentive between went through the design phase of the R&D tax incentive between the R&D tax incentive between the initial R&D tax incentive between the initial proposals R&D tax incentive between the initial proposals that R&D tax incentive between the initial proposals that were R&D tax incentive between the initial proposals that were put R&D tax incentive between the initial proposals that were put out initial proposals that were put out and initial proposals that were put out and the initial proposals that were put out and the final initial proposals that were put out and the final design initial proposals that were put out and the final design that initial proposals that were put out and the final design that was and the final design that was legislated, and the final design that was legislated, that and the final design that was legislated, that we and the final design that was legislated, that we worked legislated, that we worked extensively legislated, that we worked extensively with legislated, that we worked extensively with software legislated, that we worked extensively with software sector. legislated, that we worked extensively with software sector. I extensively with software sector. I think extensively with software sector. I think what extensively with software sector. I think what we extensively with software sector. I think what we do extensively with software sector. I think what we do have extensively with software sector. I think what we do have in extensively with software sector. I think what we do have in New extensively with software sector. I think what we do have in New Zealand think what we do have in New Zealand is think what we do have in New Zealand is that think what we do have in New Zealand is that we think what we do have in New Zealand is that we have think what we do have in New Zealand is that we have a think what we do have in New Zealand is that we have a gold think what we do have in New Zealand is that we have a gold standard think what we do have in New Zealand is that we have a gold standard for is that we have a gold standard for an is that we have a gold standard for an R&D is that we have a gold standard for an R&D tax is that we have a gold standard for an R&D tax incentive is that we have a gold standard for an R&D tax incentive for is that we have a gold standard for an R&D tax incentive for what is that we have a gold standard for an R&D tax incentive for what is an R&D tax incentive for what is permissible an R&D tax incentive for what is permissible in an R&D tax incentive for what is permissible in terms an R&D tax incentive for what is permissible in terms of an R&D tax incentive for what is permissible in terms of software permissible in terms of software development. permissible in terms of software development. What permissible in terms of software development. What we permissible in terms of software development. What we will permissible in terms of software development. What we will be permissible in terms of software development. What we will be funding development. What we will be funding is development. What we will be funding is the development. What we will be funding is the creation development. What we will be funding is the creation of development. What we will be funding is the creation of new development. What we will be funding is the creation of new knowledge. is the creation of new knowledge. What is the creation of new knowledge. What we is the creation of new knowledge. What we won't is the creation of new knowledge. What we won't be is the creation of new knowledge. What we won't be funding is the creation of new knowledge. What we won't be funding is is the creation of new knowledge. What we won't be funding is business What we won't be funding is business as What we won't be funding is business as usual What we won't be funding is business as usual coding What we won't be funding is business as usual coding activities. What we won't be funding is business as usual coding activities. Is What we won't be funding is business as usual coding activities. Is it as usual coding activities. Is it the as usual coding activities. Is it the Government's as usual coding activities. Is it the Government's intention as usual coding activities. Is it the Government's intention to as usual coding activities. Is it the Government's intention to cut as usual coding activities. Is it the Government's intention to cut by the Government's intention to cut by 90% the Government's intention to cut by 90% research the Government's intention to cut by 90% research and the Government's intention to cut by 90% research and development the Government's intention to cut by 90% research and development in the Government's intention to cut by 90% research and development in the 90% research and development in the tech 90% research and development in the tech sector? 90% research and development in the tech sector? If 90% research and development in the tech sector? If so, 90% research and development in the tech sector? If so, how 90% research and development in the tech sector? If so, how can 90% research and development in the tech sector? If so, how can that 90% research and development in the tech sector? If so, how can that be tech sector? If so, how can that be consistent tech sector? If so, how can that be consistent with tech sector? If so, how can that be consistent with the tech sector? If so, how can that be consistent with the need tech sector? If so, how can that be consistent with the need for tech sector? If so, how can that be consistent with the need for strong consistent with the need for strong economic consistent with the need for strong economic recovery consistent with the need for strong economic recovery after consistent with the need for strong economic recovery after COVID? consistent with the need for strong economic recovery after COVID? No. economic recovery after COVID? No. How economic recovery after COVID? No. How is economic recovery after COVID? No. How is it economic recovery after COVID? No. How is it that economic recovery after COVID? No. How is it that when economic recovery after COVID? No. How is it that when the economic recovery after COVID? No. How is it that when the sector How is it that when the sector raised How is it that when the sector raised issues How is it that when the sector raised issues with How is it that when the sector raised issues with the How is it that when the sector raised issues with the definition How is it that when the sector raised issues with the definition of raised issues with the definition of "R&D raised issues with the definition of "R&D support" raised issues with the definition of "R&D support" in raised issues with the definition of "R&D support" in 2018, raised issues with the definition of "R&D support" in 2018, did raised issues with the definition of "R&D support" in 2018, did so raised issues with the definition of "R&D support" in 2018, did so again "R&D support" in 2018, did so again with "R&D support" in 2018, did so again with submissions "R&D support" in 2018, did so again with submissions before "R&D support" in 2018, did so again with submissions before the "R&D support" in 2018, did so again with submissions before the select with submissions before the select committee, with submissions before the select committee, that with submissions before the select committee, that Callahan with submissions before the select committee, that Callahan Innovation committee, that Callahan Innovation raised committee, that Callahan Innovation raised the committee, that Callahan Innovation raised the issues... committee, that Callahan Innovation raised the issues... Order! committee, that Callahan Innovation raised the issues... Order! A raised the issues... Order! A question, raised the issues... Order! A question, please. raised the issues... Order! A question, please. Why raised the issues... Order! A question, please. Why three raised the issues... Order! A question, please. Why three years question, please. Why three years after question, please. Why three years after propose question, please. Why three years after propose is question, please. Why three years after propose is this question, please. Why three years after propose is this policy question, please. Why three years after propose is this policy in question, please. Why three years after propose is this policy in such after propose is this policy in such a after propose is this policy in such a mess? after propose is this policy in such a mess? I after propose is this policy in such a mess? I reject after propose is this policy in such a mess? I reject the after propose is this policy in such a mess? I reject the premise after propose is this policy in such a mess? I reject the premise of after propose is this policy in such a mess? I reject the premise of the a mess? I reject the premise of the question. a mess? I reject the premise of the question. But a mess? I reject the premise of the question. But in a mess? I reject the premise of the question. But in answer a mess? I reject the premise of the question. But in answer to a mess? I reject the premise of the question. But in answer to one a mess? I reject the premise of the question. But in answer to one of question. But in answer to one of the question. But in answer to one of the many question. But in answer to one of the many questions question. But in answer to one of the many questions that question. But in answer to one of the many questions that the question. But in answer to one of the many questions that the member the many questions that the member asked, the many questions that the member asked, there the many questions that the member asked, there was the many questions that the member asked, there was a the many questions that the member asked, there was a significant the many questions that the member asked, there was a significant shift asked, there was a significant shift between asked, there was a significant shift between the asked, there was a significant shift between the initial asked, there was a significant shift between the initial policy asked, there was a significant shift between the initial policy that asked, there was a significant shift between the initial policy that was between the initial policy that was proposed between the initial policy that was proposed because between the initial policy that was proposed because of between the initial policy that was proposed because of engagement between the initial policy that was proposed because of engagement with proposed because of engagement with the proposed because of engagement with the tech proposed because of engagement with the tech sector. proposed because of engagement with the tech sector. <INTERRUPTION> proposed because of engagement with the tech sector. <INTERRUPTION> What the tech sector. <INTERRUPTION> What did the tech sector. <INTERRUPTION> What did she the tech sector. <INTERRUPTION> What did she do the tech sector. <INTERRUPTION> What did she do to the tech sector. <INTERRUPTION> What did she do to fix the tech sector. <INTERRUPTION> What did she do to fix the the tech sector. <INTERRUPTION> What did she do to fix the problem the tech sector. <INTERRUPTION> What did she do to fix the problem when did she do to fix the problem when the did she do to fix the problem when the specific did she do to fix the problem when the specific briefing did she do to fix the problem when the specific briefing from did she do to fix the problem when the specific briefing from Callahan the specific briefing from Callahan Innovations the specific briefing from Callahan Innovations said the specific briefing from Callahan Innovations said to the specific briefing from Callahan Innovations said to her the specific briefing from Callahan Innovations said to her last the specific briefing from Callahan Innovations said to her last year, Innovations said to her last year, "Digital Innovations said to her last year, "Digital businesses Innovations said to her last year, "Digital businesses will Innovations said to her last year, "Digital businesses will lose "Digital businesses will lose significant "Digital businesses will lose significant R&D "Digital businesses will lose significant R&D support "Digital businesses will lose significant R&D support from "Digital businesses will lose significant R&D support from 31 significant R&D support from 31 March significant R&D support from 31 March 2021"? significant R&D support from 31 March 2021"? What significant R&D support from 31 March 2021"? What specifically significant R&D support from 31 March 2021"? What specifically did March 2021"? What specifically did she March 2021"? What specifically did she do March 2021"? What specifically did she do to March 2021"? What specifically did she do to fix March 2021"? What specifically did she do to fix it? March 2021"? What specifically did she do to fix it? Order! March 2021"? What specifically did she do to fix it? Order! As March 2021"? What specifically did she do to fix it? Order! As I March 2021"? What specifically did she do to fix it? Order! As I told she do to fix it? Order! As I told that she do to fix it? Order! As I told that member she do to fix it? Order! As I told that member across she do to fix it? Order! As I told that member across multiple she do to fix it? Order! As I told that member across multiple of she do to fix it? Order! As I told that member across multiple of his that member across multiple of his supplementary that member across multiple of his supplementary questions, that member across multiple of his supplementary questions, between that member across multiple of his supplementary questions, between the supplementary questions, between the original supplementary questions, between the original proposal supplementary questions, between the original proposal that supplementary questions, between the original proposal that was supplementary questions, between the original proposal that was set supplementary questions, between the original proposal that was set out original proposal that was set out and original proposal that was set out and the original proposal that was set out and the final original proposal that was set out and the final design original proposal that was set out and the final design that original proposal that was set out and the final design that was and the final design that was legislated, and the final design that was legislated, there and the final design that was legislated, there was and the final design that was legislated, there was significant legislated, there was significant shift legislated, there was significant shift in legislated, there was significant shift in the legislated, there was significant shift in the definition legislated, there was significant shift in the definition of legislated, there was significant shift in the definition of what shift in the definition of what software shift in the definition of what software activities shift in the definition of what software activities could shift in the definition of what software activities could be software activities could be covered. software activities could be covered. That software activities could be covered. That is software activities could be covered. That is because software activities could be covered. That is because we software activities could be covered. That is because we listened covered. That is because we listened to covered. That is because we listened to the covered. That is because we listened to the sector. covered. That is because we listened to the sector. Question covered. That is because we listened to the sector. Question number covered. That is because we listened to the sector. Question number 12. My My question My question is My question is to My question is to the My question is to the Minister My question is to the Minister of My question is to the Minister of Transport: My question is to the Minister of Transport: Is My question is to the Minister of Transport: Is the My question is to the Minister of Transport: Is the Government My question is to the Minister of Transport: Is the Government helping Transport: Is the Government helping to Transport: Is the Government helping to keep Transport: Is the Government helping to keep New Transport: Is the Government helping to keep New Zealand Transport: Is the Government helping to keep New Zealand connected Transport: Is the Government helping to keep New Zealand connected with to keep New Zealand connected with trade to keep New Zealand connected with trade partners to keep New Zealand connected with trade partners and to keep New Zealand connected with trade partners and maintaining trade partners and maintaining international trade partners and maintaining international passenger trade partners and maintaining international passenger services; trade partners and maintaining international passenger services; if international passenger services; if so, international passenger services; if so, how? Yes. Yes. Earlier Yes. Earlier this Yes. Earlier this week Yes. Earlier this week I Yes. Earlier this week I announced Yes. Earlier this week I announced the Yes. Earlier this week I announced the maintaining Yes. Earlier this week I announced the maintaining international Yes. Earlier this week I announced the maintaining international air the maintaining international air connectivity the maintaining international air connectivity scheme, the maintaining international air connectivity scheme, which the maintaining international air connectivity scheme, which will the maintaining international air connectivity scheme, which will run connectivity scheme, which will run through connectivity scheme, which will run through until connectivity scheme, which will run through until the connectivity scheme, which will run through until the end connectivity scheme, which will run through until the end of connectivity scheme, which will run through until the end of October connectivity scheme, which will run through until the end of October to through until the end of October to help through until the end of October to help keep through until the end of October to help keep New through until the end of October to help keep New Zealand through until the end of October to help keep New Zealand connected through until the end of October to help keep New Zealand connected to help keep New Zealand connected to trade help keep New Zealand connected to trade partners help keep New Zealand connected to trade partners and help keep New Zealand connected to trade partners and to help keep New Zealand connected to trade partners and to maintain trade partners and to maintain international trade partners and to maintain international passenger trade partners and to maintain international passenger services. international passenger services. After international passenger services. After the international passenger services. After the global international passenger services. After the global pandemic international passenger services. After the global pandemic hit international passenger services. After the global pandemic hit in After the global pandemic hit in 2020 After the global pandemic hit in 2020 and After the global pandemic hit in 2020 and international After the global pandemic hit in 2020 and international passenger 2020 and international passenger flights 2020 and international passenger flights shut 2020 and international passenger flights shut down, 2020 and international passenger flights shut down, the 2020 and international passenger flights shut down, the Government flights shut down, the Government moved flights shut down, the Government moved quickly flights shut down, the Government moved quickly to flights shut down, the Government moved quickly to accomplish flights shut down, the Government moved quickly to accomplish the moved quickly to accomplish the international moved quickly to accomplish the international air moved quickly to accomplish the international air freight moved quickly to accomplish the international air freight capacity international air freight capacity scheme, international air freight capacity scheme, which international air freight capacity scheme, which has international air freight capacity scheme, which has been international air freight capacity scheme, which has been critical international air freight capacity scheme, which has been critical in scheme, which has been critical in supporting scheme, which has been critical in supporting our scheme, which has been critical in supporting our economic scheme, which has been critical in supporting our economic recovery scheme, which has been critical in supporting our economic recovery and supporting our economic recovery and the supporting our economic recovery and the know supporting our economic recovery and the know of supporting our economic recovery and the know of goods supporting our economic recovery and the know of goods to supporting our economic recovery and the know of goods to and supporting our economic recovery and the know of goods to and from supporting our economic recovery and the know of goods to and from New the know of goods to and from New Zealand, the know of goods to and from New Zealand, including the know of goods to and from New Zealand, including time-critical Zealand, including time-critical goods Zealand, including time-critical goods like Zealand, including time-critical goods like medicine. Zealand, including time-critical goods like medicine. The Zealand, including time-critical goods like medicine. The aviation goods like medicine. The aviation market goods like medicine. The aviation market will goods like medicine. The aviation market will likely goods like medicine. The aviation market will likely start goods like medicine. The aviation market will likely start to goods like medicine. The aviation market will likely start to rebuild market will likely start to rebuild later market will likely start to rebuild later this market will likely start to rebuild later this year, market will likely start to rebuild later this year, so market will likely start to rebuild later this year, so we market will likely start to rebuild later this year, so we have market will likely start to rebuild later this year, so we have changed later this year, so we have changed and later this year, so we have changed and restructured later this year, so we have changed and restructured the later this year, so we have changed and restructured the scheme later this year, so we have changed and restructured the scheme to later this year, so we have changed and restructured the scheme to focus and restructured the scheme to focus on and restructured the scheme to focus on recovery. and restructured the scheme to focus on recovery. The and restructured the scheme to focus on recovery. The new and restructured the scheme to focus on recovery. The new maintaining on recovery. The new maintaining international on recovery. The new maintaining international air on recovery. The new maintaining international air checktivity on recovery. The new maintaining international air checktivity scheme international air checktivity scheme allows international air checktivity scheme allows for international air checktivity scheme allows for support international air checktivity scheme allows for support levels international air checktivity scheme allows for support levels to international air checktivity scheme allows for support levels to reduce allows for support levels to reduce as allows for support levels to reduce as passenger allows for support levels to reduce as passenger numbers allows for support levels to reduce as passenger numbers rebuild allows for support levels to reduce as passenger numbers rebuild clip as passenger numbers rebuild clip and as passenger numbers rebuild clip and has as passenger numbers rebuild clip and has a as passenger numbers rebuild clip and has a strong as passenger numbers rebuild clip and has a strong focus as passenger numbers rebuild clip and has a strong focus on and has a strong focus on maintaining and has a strong focus on maintaining air and has a strong focus on maintaining air links and has a strong focus on maintaining air links which and has a strong focus on maintaining air links which will maintaining air links which will support maintaining air links which will support the maintaining air links which will support the recovery maintaining air links which will support the recovery of maintaining air links which will support the recovery of our maintaining air links which will support the recovery of our tourism support the recovery of our tourism sector. support the recovery of our tourism sector. What support the recovery of our tourism sector. What has support the recovery of our tourism sector. What has the support the recovery of our tourism sector. What has the scheme support the recovery of our tourism sector. What has the scheme meant sector. What has the scheme meant for sector. What has the scheme meant for New sector. What has the scheme meant for New Zealandn'tia sector. What has the scheme meant for New Zealandn'tia our sector. What has the scheme meant for New Zealandn'tia our Pacific for New Zealandn'tia our Pacific partners? for New Zealandn'tia our Pacific partners? As for New Zealandn'tia our Pacific partners? As we for New Zealandn'tia our Pacific partners? As we stand, for New Zealandn'tia our Pacific partners? As we stand, air for New Zealandn'tia our Pacific partners? As we stand, air freight partners? As we stand, air freight capacity partners? As we stand, air freight capacity is partners? As we stand, air freight capacity is currently partners? As we stand, air freight capacity is currently at partners? As we stand, air freight capacity is currently at 90% partners? As we stand, air freight capacity is currently at 90% of capacity is currently at 90% of pre-COVID capacity is currently at 90% of pre-COVID levels, capacity is currently at 90% of pre-COVID levels, thanks capacity is currently at 90% of pre-COVID levels, thanks to capacity is currently at 90% of pre-COVID levels, thanks to the pre-COVID levels, thanks to the scheme pre-COVID levels, thanks to the scheme that pre-COVID levels, thanks to the scheme that has pre-COVID levels, thanks to the scheme that has been pre-COVID levels, thanks to the scheme that has been in pre-COVID levels, thanks to the scheme that has been in place pre-COVID levels, thanks to the scheme that has been in place for scheme that has been in place for the scheme that has been in place for the past scheme that has been in place for the past year. scheme that has been in place for the past year. May scheme that has been in place for the past year. May last scheme that has been in place for the past year. May last year, scheme that has been in place for the past year. May last year, that the past year. May last year, that Government the past year. May last year, that Government support the past year. May last year, that Government support has the past year. May last year, that Government support has enabled the past year. May last year, that Government support has enabled over Government support has enabled over 6,000 Government support has enabled over 6,000 flights, Government support has enabled over 6,000 flights, carrying Government support has enabled over 6,000 flights, carrying 120,000 6,000 flights, carrying 120,000 tonnes 6,000 flights, carrying 120,000 tonnes of 6,000 flights, carrying 120,000 tonnes of air 6,000 flights, carrying 120,000 tonnes of air freight 6,000 flights, carrying 120,000 tonnes of air freight in 6,000 flights, carrying 120,000 tonnes of air freight in and 6,000 flights, carrying 120,000 tonnes of air freight in and out 6,000 flights, carrying 120,000 tonnes of air freight in and out of tonnes of air freight in and out of New tonnes of air freight in and out of New Zealand tonnes of air freight in and out of New Zealand worth tonnes of air freight in and out of New Zealand worth $8 tonnes of air freight in and out of New Zealand worth $8 billion. tonnes of air freight in and out of New Zealand worth $8 billion. More New Zealand worth $8 billion. More than New Zealand worth $8 billion. More than 60,000 New Zealand worth $8 billion. More than 60,000 people New Zealand worth $8 billion. More than 60,000 people returned New Zealand worth $8 billion. More than 60,000 people returned to New Zealand worth $8 billion. More than 60,000 people returned to New than 60,000 people returned to New Zealand than 60,000 people returned to New Zealand on than 60,000 people returned to New Zealand on flights than 60,000 people returned to New Zealand on flights support than 60,000 people returned to New Zealand on flights support bad than 60,000 people returned to New Zealand on flights support bad I than 60,000 people returned to New Zealand on flights support bad I the Zealand on flights support bad I the scheme, Zealand on flights support bad I the scheme, 60% Zealand on flights support bad I the scheme, 60% of Zealand on flights support bad I the scheme, 60% of the Zealand on flights support bad I the scheme, 60% of the total Zealand on flights support bad I the scheme, 60% of the total number Zealand on flights support bad I the scheme, 60% of the total number of scheme, 60% of the total number of people scheme, 60% of the total number of people to scheme, 60% of the total number of people to pass scheme, 60% of the total number of people to pass through scheme, 60% of the total number of people to pass through quarantine people to pass through quarantine facilities. people to pass through quarantine facilities. The people to pass through quarantine facilities. The scheme people to pass through quarantine facilities. The scheme has people to pass through quarantine facilities. The scheme has also facilities. The scheme has also maintained facilities. The scheme has also maintained a facilities. The scheme has also maintained a critical facilities. The scheme has also maintained a critical lifeline facilities. The scheme has also maintained a critical lifeline for maintained a critical lifeline for our maintained a critical lifeline for our Pacific maintained a critical lifeline for our Pacific partners. maintained a critical lifeline for our Pacific partners. There maintained a critical lifeline for our Pacific partners. There would our Pacific partners. There would have our Pacific partners. There would have been our Pacific partners. There would have been no our Pacific partners. There would have been no flights our Pacific partners. There would have been no flights to our Pacific partners. There would have been no flights to Tonga, have been no flights to Tonga, Samoa, have been no flights to Tonga, Samoa, Nui have been no flights to Tonga, Samoa, Nui or have been no flights to Tonga, Samoa, Nui or the have been no flights to Tonga, Samoa, Nui or the Cook have been no flights to Tonga, Samoa, Nui or the Cook Islands Samoa, Nui or the Cook Islands without Samoa, Nui or the Cook Islands without it Samoa, Nui or the Cook Islands without it What Samoa, Nui or the Cook Islands without it What reaction Samoa, Nui or the Cook Islands without it What reaction as Samoa, Nui or the Cook Islands without it What reaction as he Samoa, Nui or the Cook Islands without it What reaction as he seen without it What reaction as he seen to without it What reaction as he seen to the without it What reaction as he seen to the announcement? without it What reaction as he seen to the announcement? There without it What reaction as he seen to the announcement? There has without it What reaction as he seen to the announcement? There has been to the announcement? There has been very to the announcement? There has been very positive to the announcement? There has been very positive response to the announcement? There has been very positive response from to the announcement? There has been very positive response from the very positive response from the broader very positive response from the broader sector, very positive response from the broader sector, exporters, broader sector, exporters, importers, broader sector, exporters, importers, air broader sector, exporters, importers, air freight broader sector, exporters, importers, air freight carriers broader sector, exporters, importers, air freight carriers and importers, air freight carriers and airports. importers, air freight carriers and airports. A importers, air freight carriers and airports. A few importers, air freight carriers and airports. A few of importers, air freight carriers and airports. A few of the importers, air freight carriers and airports. A few of the examples airports. A few of the examples include airports. A few of the examples include the airports. A few of the examples include the executive airports. A few of the examples include the executive director airports. A few of the examples include the executive director of include the executive director of board include the executive director of board of include the executive director of board of airline include the executive director of board of airline representatives include the executive director of board of airline representatives of board of airline representatives of New board of airline representatives of New Zealand board of airline representatives of New Zealand who board of airline representatives of New Zealand who said board of airline representatives of New Zealand who said his board of airline representatives of New Zealand who said his members board of airline representatives of New Zealand who said his members are New Zealand who said his members are grateful New Zealand who said his members are grateful that New Zealand who said his members are grateful that the New Zealand who said his members are grateful that the Government New Zealand who said his members are grateful that the Government is grateful that the Government is introducing grateful that the Government is introducing a grateful that the Government is introducing a scheme grateful that the Government is introducing a scheme that grateful that the Government is introducing a scheme that I grateful that the Government is introducing a scheme that I a grateful that the Government is introducing a scheme that I a hows introducing a scheme that I a hows airlines introducing a scheme that I a hows airlines to introducing a scheme that I a hows airlines to rebuild introducing a scheme that I a hows airlines to rebuild passenger airlines to rebuild passenger numbers airlines to rebuild passenger numbers through airlines to rebuild passenger numbers through freight airlines to rebuild passenger numbers through freight once airlines to rebuild passenger numbers through freight once borders numbers through freight once borders open. numbers through freight once borders open. I numbers through freight once borders open. I also numbers through freight once borders open. I also note numbers through freight once borders open. I also note the numbers through freight once borders open. I also note the comments numbers through freight once borders open. I also note the comments from open. I also note the comments from Lewis open. I also note the comments from Lewis Graygon, open. I also note the comments from Lewis Graygon, who open. I also note the comments from Lewis Graygon, who said, open. I also note the comments from Lewis Graygon, who said, "Without Lewis Graygon, who said, "Without the Lewis Graygon, who said, "Without the support Lewis Graygon, who said, "Without the support offence, Lewis Graygon, who said, "Without the support offence, the Lewis Graygon, who said, "Without the support offence, the past Lewis Graygon, who said, "Without the support offence, the past -- the support offence, the past -- over the support offence, the past -- over the the support offence, the past -- over the 12 the support offence, the past -- over the 12 months", the support offence, the past -- over the 12 months", his the support offence, the past -- over the 12 months", his company over the 12 months", his company would over the 12 months", his company would not over the 12 months", his company would not have over the 12 months", his company would not have been over the 12 months", his company would not have been able over the 12 months", his company would not have been able to over the 12 months", his company would not have been able to bring over the 12 months", his company would not have been able to bring if would not have been able to bring if raw would not have been able to bring if raw materials would not have been able to bring if raw materials and would not have been able to bring if raw materials and equipment would not have been able to bring if raw materials and equipment needed raw materials and equipment needed to raw materials and equipment needed to manufacture. raw materials and equipment needed to manufacture. Finally, raw materials and equipment needed to manufacture. Finally, the to manufacture. Finally, the managing to manufacture. Finally, the managing director to manufacture. Finally, the managing director of to manufacture. Finally, the managing director of GVI to manufacture. Finally, the managing director of GVI Logistics managing director of GVI Logistics says managing director of GVI Logistics managing managing director of GVI Logistics says the scheme managing director of GVI Logistics says the scheme has managing director of GVI Logistics says the scheme has been managing director of GVI Logistics says the scheme has been vital managing director of GVI Logistics says the scheme has been vital for says the scheme has been vital for exporters says the scheme has been vital for exporters and says the scheme has been vital for exporters and importers. says the scheme has been vital for exporters and importers. That exporters and importers. That concludes