Korako Nuk: Riccarton Racecourse Development Enabling Bill Riccarton Racecourse Bill — Second ReadingsText is incorporated into the Bound VolumeKorako Nuk: Riccarton Racecourse Development Enabling Bill Riccarton Racecourse Bill — Second Readings[Sitting date: 01 June 2016. Volume:714;Page:11607. Text is incorporated into the Bound Volume.]NUK KORAKO (National):Talofa e Te Mana Whakawā. Huri noa i Te Whare nei e mihi atu ana ki a koutou katoa. It is indeed my pleasure to take a call on the second reading of the Riccarton Racecourse Bill and the Riccarton Racecourse Development Enabling Bill. In looking at this legislation it also is a completion of the trifecta. What I mean by that seeing as this is related to horse racing is the trifecta that has been won by Cantabrians and the people of Christchurch. What I am talking about is three legislative bills—or actually three plus one. This is the great legislation that is coming out of the Local Government and Environment Committee well chaired by Mr Scott Simpson.The great thing is that we have just put through two wins—the first one was the Environment Canterbury (Transitional Governance Arrangements) Bill; the second one was the Greater Christchurch Regeneration Bill—and the trifecta now is this legislation. Once it gets through its final reading it will be a trifecta win for Christchurch and also for Cantabrians.It is always a pleasure to talk about any legislation that is for the betterment of this great city of Christchurch and Canterbury. In talking about this legislation it has all the hallmarks of a very very successful development.Mr DEPUTY SPEAKER: Right let us talk about it then.NUK KORAKO: I had to just set the scene. This legislation is actually about the fact that the development is a partnership: the working together of firstNgāi Tahu—the iwi; the second one is the Riccarton Racecourse; the third one is the Government; and the fourth one of course is the Christchurch City Council. All of them working together have come up with this excellent development that is going to take place. The interesting thing is that when you talk about Ngāi Tahu the iwi it actually reflects on a lot of goodwill that is being shown here.Originally the land was under the control of the iwi then it was taken and then it was returned again and what we got was a right of first refusal (RFR) if the use was ever changed. This is the case with this bill. The use of the land was changed and so the RFR was triggered but the iwi showed very very goodwill because it basically waived the RFR. This is how we have that real important part of the iwi input through a Treaty settlement in this particular legislation.It is great that the Minister for Treaty of Waitangi Negotiations is sitting here because Māori right across New Zealand show goodwill—they really do—and this is a good reflection of that. Last week the Wanganui iwi also did around the river so that is a really great reflection of what has happened here.The real essence of this legislation is the fact that you have got 40 hectares of land that is currently vested in the Riccarton Racecourse and this will be used for that development. What we are going to get out of that is another really important development of housing in Christchurch. We have the land and what we are doing here is we are going to utilise it now for the benefit of Christchurch people. The other good part of this is that even though there are 600 houses a really good portion of that—180 houses around that—is going to be affordable housing. That is another really important part of this legislation.In saying all of that this is very pragmatic excellent legislation; it is very nimble. The other part of it is that it is a piece of legislation that really does carry the hallmarks of partnership right across the board. This legislation to me should be progressed by this House without delay and I commend it to the House. Kia ora.