Bayly AndrewANDREW BAYLY (National—Port Waikato): Thank you Madam Speaker. I rise to oppose that motion on a number of grounds.The first ground is a technical one—and Mr Parker you might want to listen to this. The Minister has said that the report back date was 27 July 2023. The bill specifies that the Act comes into force on 1 July 2023 so there's an issue in mathematics. Because how can you have a report back date that is after the commencement date of the bill? So technically I'm just hoping the Minister might have the opportunity to hear what I might be saying to him because it sounds like it's a screaming clashing mistake. And it seems like a sort of 101 mistake where you have a report back date after the bill comes into force.Even with Labour doing retrospective tax legislation and doing other stuff like that retrospectively you've got to say that's number one. I think that's the best example of trying to impose something before you've even finished talking to people about it. That's a beauty. I'm just looking at my good colleague here Louise Upston. Have you ever seen anything like this?Hon Louise Upston: Crazy.ANDREW BAYLY: How many years have you been in here? What a clanger. I'm just looking across the other side and of course they're all pretty much new MPs. That's why they're here on an urgency motion. All the Ministers have disappeared; of course it's all the young new MPs sitting over there. Of course they've got no experience about what I'm talking about here. So that's the first thing. What a clanger. What a clanger.But the second thing is there is absolutely no reason why this bill has to go through urgency nor does it have to go before the select committee. Of course this Government doesn't worry about the private sector. You know they might be a bit busy particularly accountants. What do you do at the end of 31 March? Accountants are sort of slightly busy aren't they? I'm just looking at my good colleague Simon Watts here. What do accountants do after the end of the balance date that most entities—only the Government uses a 30 June balance date but most companies have a 31 March so a lot of accountants are actually pretty busy right now.Of course the Minister's so devoid of reality and so disconnected with what's going on in the business community he's proposing that right in their busiest time for some useless reason like this bill—he wants those people to put down their work for their clients and roll along and come to talk to the Finance and Expenditure Committee because this is so pressingly desperately needed.It is not needed because this bill is not an absolute requirement; it is a good thing it's a final hurrah from David Parker before he disappears after the election. And what's driving this ultimately—and he should have been honest about it—is that they want to have this in place because this is a launch pad for the start of the election campaign which starts officially about 1 September. So by having this in place this is what gives them the leverage to be able to talk about capital gains tax increasing company and portfolio investment entities rates because that's the next evolution of what's happened today by increasing the trust tax rate.This is a sham. It's a shocker and the Minister's made an absolute blue and he needs to fix it up. And we're opposing it as we're opposing this bill. What a waste of Parliament's time on a day when we could be out talking to constituents looking after people dealing with their complaints dealing with their issues—many of them by that Government over there. People who can't get a hospital time can't get operations can't get ACC—all the good stuff that all of us are going to have to try and deal with tomorrow Saturday. Oh but some of our members over the other side the list MPs of course don't have to do that.