Wedd CatherineCATHERINE WEDD (National—Tukituki): Madam Speaker thank you. Look we are going to oppose this bill and I am going to speak to the Companies (Address Information) Amendment Bill. I believe in privacy and the ability to protect our privacy—it is really really important. And look I do want to acknowledge and congratulate the Hon Deborah Russell for having that member's bill pulled and putting the spotlight on this issue which is a really important issue. And to Laura Trask for obviously realising the same issue that we do need to have these concerns and we certainly do need to address them because especially for women as you have spoken about already there are potentially issues of stalking and harassment and that is not OK. However we do not believe that this specific piece of legislation is the right way forward.I do thank the member Deborah for giving a bit of a process around the companies website and how it works. Because myself I'm actually quite familiar with that process because I was a former journalist actually working here in Wellington for TV One News. As I'm sure many of you may be aware the media often do try to unravel stories. They try to find out stories and hold people accountable make us all transparent—hold politicians here in this House actually accountable—but they also hold companies accountable. So you know sometimes part of that job was actually to put the spotlight on companies that are actually acting fraudulently and not doing the right thing. So you could use that website to find out who those directors were and who those shareholders were and hold them to account.As a journalist I actually did uncover quite a large story. It was actually an exclusive story and I did about three or four kind of exposés on this specific company that was fraudulently ripping a lot of its clients off. So that was not on and that company was not doing a good thing. So I suppose what I'm trying to get to here is that you know that information on the companies website actually can be very beneficial in some cases.So let's just look at perhaps why we are opposing it which the Minister has already spoken to. But you know—and as I have just mentioned—we do have to be careful and mindful that people can't use it as a tool to evade something and I think that's a really important note to make. You know we don't want to see people using it as a tool to evade theft or fraud. There was obviously also another note there around the bill introducing a fee and perhaps that's something that we also need to look at and perhaps the lack of logic in some areas in terms of—giving the example around the shareholders and the directors and the discrepancy that we perhaps see there.So the Minister's already said that he's going to revise that piece of legislation; we're very well aware of the concerns here—and rightfully so—around privacy and I think all of us can acknowledge that. But how to move forward is not this specific bill. We just need to make sure that we don't have people who are manipulating the system and potentially you know who could evade fraud or other serious legal matters. You know as companies—as the member Duncan Webb also referred to there is a legal responsibility here as well. We also have to respect that legal responsibility when you are a company and when you are a director or a shareholder of that company as well. So I think that is also really really important to note.So you know we're going to welcome the Minister doing some more work on this very important area but we are not going to support the bill today.