Scott Alastair; Rurawhe AdrianALASTAIR SCOTT (National—Wairarapa): Thank you Mr Assistant Speaker. I think it seems we can at least agree that competition is a good thing. Competition enables resources to be allocated. And businesses—we're talking about particularly—to be run efficiently and motivated to survive and earn a profit must compete with each other. Costs are reduced; the consumer benefits. So generally competition is a good thing.But as we've discussed there is from time to time a need for the Commerce Commission—we're talking about here—to investigate particular industries.Hon Shane Jones: Eggs in the Wairarapa.ALASTAIR SCOTT: But as noted by previous speakers the concern that we have on this side is that the Commerce Commission or the Minister starts barking at the parked cars starts barking at—I think Mr Jones wants to talk about investigating supermarkets but he doesn't know or understand that there's a hell of a lot of competition already in that sector. For example think of the fruit and vege market down at the wharves here in Wellington or on the local green in the provincial towns—lots of competition that consumers are able to access. So if we have a Minister like Mr Jones who decides that for some reason he wants to pick on an industry like supermarkets then we're wasting money. We're wasting taxpayers' money on fixing something that doesn't need to be fixed.So that is the concern that business has—that there is an additional cost an unnecessary burden put on them and we've already talked about mum and dad businesses in the fuel industry the service station industry which is unaffordable which is just another layer. Some of the members—not all the members—on the other side don't seem to concern themselves with small and medium business operators and the costs that these types of regulations impose on them. The other risk of course—and Mr Jones mentioned real estate companies as a possible target. He doesn't like real estate companies either. I tell you what: if you bought or sold a house recently you will know you can shop around and you can get that fee down aggressively. These guys are competing with each other all the time. So again why are we going to be chasing a parked car and particularly the real estate industry when we know here that it is an extremely aggressive and competitive industry?Perhaps rather than focus on that why not look at—no one's talked about the cost of building a house and some of the roadblocks and some of the bottlenecks that are existing—Kieran McAnulty: Like the last Government.ALASTAIR SCOTT: Well that's the Government in charge but we haven't heard anything about the cost of building a house from that side. So how about looking at something like that? How about looking at something about the allocation or the cost of water? Imagine looking at that and running that effectively and efficiently rather than a parked car like the real estate companies and the supermarkets.The Hon Paul Goldsmith mentioned it wouldn't be so bad if you could rely on having a responsible Government or rely on having a reasonable and responsible Commerce Commission to do the job that this legislation allows them to do. But our concern on this side is that it has room to go nowhere—for an inquiry to be a waste of time and space to put a layer of costs on a small business unnecessarily. As I say the Labour Government—coalition Government is what it's called nowadays I think—do not appreciate the costs already imposed by regulators.And I tell you the reason why more regulations are a bad thing. Mr Faafoi's got another idea to regulate loan sharks. He wants to put a cap—I digress slightly Mr Assistant Speaker if I may—on loan sharks. But all that does is it puts the business under the table. It puts that whole industry under the table because people will still want to borrow money and if the loan sharks don't give it to them above the table you know what Mr Faafoi? They'll do it under the table where you can't see where the people will still be suffering and that is the problem with more and more regulations from that side.ASSISTANT SPEAKER (Adrian Rurawhe): This is a split call—five minutes. I call Willow-Jean Prime.