8. Comprehensive and Progressive Trans-Pacific Partnership—Benefits for New ZealandWILLOW-JEAN PRIME (Labour) to the Minister for Trade and Export GrowthComprehensive and Progressive Trans-Pacific Partnership—Benefits for New Zealand8. WILLOW-JEAN PRIME (Labour) to the Minister for Trade and Export Growth: How will workers benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership?Hon DAVID PARKER (Minister for Trade and Export Growth): The Comprehensive and Progressive Trans-Pacific Partnership agreement (CPTPP) is expected to have benefits for New Zealand workers. As New Zealand already has low levels of import tariffs no sector in New Zealand is expected to have significant decline in wages or job numbers as a result of CPTPP. Lower tariffs via exports of wine kiwifruit forestry seafood and meat as well as lower non-tariff barriers for small businesses and the digital sector will lead to significantly higher incomes and greater employment. This agreement works for the freezing worker to the farm owner. Also important to people who work for their living is the ability to buy a home in New Zealand without having to compete with foreign buyers. [Interruption] This coalition Government has ensured that our existing homes from the most expensive to the most modest can only be purchased by New Zealanders.SPEAKER: Order! Before the supplementaries are asked I am going to ask the Hon Dr Nick Smith to tone down both the frequency and the volume of his interjections. He's soon to become the father of the House and he I'm sure has a very positive contribution to make but I think when serious questions are being answered—ones that are important I think to all members of the House—we don't need a barrage of interjections from him which affect the ability of other members to hear the answers.Hon Dr Nick Smith: Speaking to the point of order.SPEAKER: No. It's not a point of order.Willow-Jean Prime: What effect will the increase in exports from the CPTPP have on job growth?Hon DAVID PARKER: The national interest analysis on the Comprehensive and Progressive Trans-Pacific Partnership that was released yesterday shows that around 8500 New Zealanders are employed for every billion dollars of exports. Job growth as a consequence of CPTPP is likely to be stronger in areas where New Zealand has comparative advantage such as the primary sector and niche technology. [Interruption] That is why the four—SPEAKER: Order! The Hon Dr Nick Smith will stand withdraw and apologise.Hon Dr Nick Smith: I stand I withdraw and I apologise Mr Speaker.SPEAKER: Dr Nick Smith we've had this one once before. The member will withdraw and apologise properly.Hon Dr Nick Smith: Mr Speaker could you clarify as to what part of—SPEAKER: No I don't need to clarify. The member has been here now for 27 years. He knows how to withdraw and apologise.Hon Dr Nick Smith: Mr Speaker I stand I withdraw and I apologise.SPEAKER: And that will result in the loss of three supplementary questions from the Opposition and Nick Smith will now withdraw and apologise properly and without any other comment added.Hon Dr Nick Smith: Mr Speaker I withdraw and I apologise.SPEAKER: And from now on for the rest of this question time Nick Smith will not interject. If he needs to speak he can talk to his colleagues and he might be allowed a supplementary.Hon DAVID PARKER: Job growth is likely to be stronger in areas where New Zealand has comparative advantage such as the primary sector and niche technology. This is why the forecast returns to labour from CPTPP are greater than the return to the overall economy. CPTPP is estimated to add up to 1 percent to annual GDP while again for labour is estimated to be up to 1.2 percent.Willow-Jean Prime: How is this Government ensuring the benefits of trade are shared more fairly?Hon DAVID PARKER: Many New Zealanders have been justifiably concerned at the increasing share of wealth going to the top 1 percent. Hon Steven Joyce: That's incorrect.Hon DAVID PARKER: We need to rebuild public confidence in trade—Hon Steven Joyce: Substantiate that answer.Hon DAVID PARKER: It is patently correct Mr Joyce. You are as ignorant—well no that's the wrong word sir. You are as incorrect on that issue as you were on the $11 billion mistake you made. We need to rebuild public confidence in trade as the Deputy Prime Minister has said by making capitalism regain its responsible human face. We're doing this by pursuing productive sustainable inclusive growth to improve the well-being and living standards of all New Zealanders. Our first steps include our Families Package which lowers income inequality banning foreign buyers. It will also improve the opportunity of New Zealanders to own their home. There's much we can do including combating multinational tax avoidance—Hon Steven Joyce: I raise a point of order Mr Speaker. I'm sure you can anticipate the point of order. That has now become a speech from the Minister rather than an answer to a question.SPEAKER: When that member has a bit more experience he'll have a good look at the Standing Orders and Speakers' rulings and he'll know that the only person who can interrupt on that basis is me. Hon Louise Upston: I raise a point of order Mr Speaker. In terms of interjections I thought it was a practice in this House that every elected member of Parliament had the freedom of expression. I am interested to know if you are creating a new ruling today based on your comments to the Hon Dr Nick Smith about participation—SPEAKER: No that member will resume her seat. Firstly she's trifling with the Chair and secondly I think she should probably have a discussion with the Rt Hon David Carter who has made a very similar ruling. I know because he made it to me.Rt Hon Winston Peters: Can I ask the Minister as to whether he's received letters of congratulation for turning a sovereignty sell-out into a national interest sign-up so much so that the anti – Trans-Pacific Partnership interests in the United States are now looking seriously at this new deal that he's organised.Hon Steven Joyce: I raise a point of order Mr Speaker. Earlier you asked my colleague to make sure that he could substantiate a claim in a supplementary question. I don't think with respect to the right honourable Deputy Prime Minister that the claim that he made in his supplementary question could in any way be substantiated. [Interruption] SPEAKER: No I don't need that. The fact that it is being contemplated is something that has been reported in the media and I have no problem with that possibility being put to the Minister.Hon Steven Joyce: I raise a point of order Mr Speaker.SPEAKER: I hope the member is not going to trifle.Hon Steven Joyce: No. I would never seek to trifle with the Speaker.SPEAKER: No I'm not saying whether the member is seeking to; the question is about whether he is going to try.Hon Steven Joyce: I'm pointing out that I was referring to a different aspect of the question which is in relation to the member referring to a sell-out of sovereignty and he would need to substantiate that if we are applying the same standard as we applied to Jami-Lee Ross earlier.SPEAKER: I heard it. It was marginal. There have been comments made that have been I think stronger than that coming the other way during this very same question time and I did not rule it out. And again I want members to take care as far as their challenging of rulings is concerned. Now I think if the member starts his answer again it might be the right approach.Hon DAVID PARKER: Thank you Mr Speaker. I have received copious quantities of correspondence congratulating the Government for protecting the sovereignty of not just this Parliament but future Parliaments to protect New Zealanders against some of these excesses of globalisation particularly by banning foreign buyers of their homes so that we have a New Zealand not an international market for our homes which would have been lost had the prior Government continued on its course.