Eagle PaulPAUL EAGLE (Labour—Rongotai): Thank you Madam Assistant Speaker. It's a pleasure to be here. First of all can I just acknowledge the new leadership team from the Opposition—not here right now but that's OK. I'm sure—ASSISTANT SPEAKER (Poto Williams): Order! [Interruption] Order! You cannot refer to members who aren't present in the House.PAUL EAGLE: OK. I tried not to mention any names Madam Assistant Speaker but that's good. But look what I will do is say thank you to those who have brought this bill to us. When I got a note from the whip who said Look the reason why"—look I don't sit on the Finance and Expenditure Committee but what I do represent is what's being hailed today as those mum and dad investors commonly referred to in nearly every speech from the Opposition. The whip said to me "We'd like you to come down and talk on behalf of those people the decent Kiwis who make up New Zealand." referred to time and time again in the House this afternoon and so it's an absolute pleasure. Really when you talk to these people—they have names but we'll just call them collectively the mum and dad investors—they would simply like to see some action particularly around the brightline test but I'll certainly get to that in a minute.What I like to do when I see bills that are about the thickness of a Manawatū telephone book is really look through them and say: what are we talking about in this bill? When I look at the words I see words that talk about simplifying and improving and reducing the annual tax chore and I think that's an admirable task. We've been really negative this afternoon going through what's not right what should have happened what could have happened. But the objective of the bill is really to simplify improve and reduce the annual tax chore. I think that's an admirable objective considering for those like me and for many it's an onerous task. Many who are confronted with detailed documents from the tax department can often find it confusing. Even finding your tax code can be confusing. So I want to just applaud that objective first and foremost.Secondly the bill talks about a greater accuracy around the level of tax collected to prevent people from getting into debt. That's a second admirable objective. I thought wow here's a piece of work that's been carefully brought together for the interests of those mum and dad investors so they can not only reduce the annual tax chore but prevent themselves from getting into debt—all at the same time helping out the good old Government to ensure that we have some accuracy around the amount of tax that gets collected. These mum and dad investors are really sick of the questioning and the ideology that protects the wealthy. What they really want is initiatives that will stop their exasperation. You know I have an electorate office thankfully where people do complain about our tax system so I'm really proud that this bill has got to its second reading.In terms of the Supplementary Order Paper (SOP) which has been talked about in negative terms I'm shocked when I hear some of the negativity because when I look at that the Government has been clear in its campaign—clear in its campaign—to say "Look that's what we were going to do and now we're going to do it." So where's the shock in that? A former Prime Minister used to openly say "Oh we've had an election. That's what I said I was going to do and now I'm doing it." So certainly the SOP that's been put forward I fully support.As the Green Party co-leader—sorry Madam Assistant Speaker—who's not here said there's every right there to cater for those people who want to invest for a long period of time. The intention is not to punish those people; instead rightfully punishing those who want to flip property quickly. There was certainly an announcement this afternoon about a chap who did it in Auckland who flipped something very quickly. The intention of this bill is to dampen that type of speculation. I commend this bill.ASSISTANT SPEAKER (Poto Williams): I call Brett Hudson. You have five minutes."