Mitchell Clayton; Rurawhe AdrianCLAYTON MITCHELL (NZ First): Thank you Mr Speaker. I'm standing on behalf of New Zealand First to take a call actually on behalf of Fletcher Tabuteau who isn't able to attend this wonderful evening of comradery and convivial relationships across the House. Although at the end of Mr Bayly's contribution I couldn't work out and I was looking around quite perplexed and puzzled because I think everybody on this side of the House was confused whether you were going to be supporting it or not. You certainly came out of the gates pretty passionately which would suggest that you weren't supporting it but that's been articulated now. And we now can see that the National Party are actually going to be supporting this bill which gives me some heartfelt excitement that we can actually work together collegially to come out with the outcomes that are going to benefit all New Zealanders.From time to time I do sit on the Finance and Expenditure Committee. It's a select committee that I think is very well chaired. I think it's a great team that come together to come out with good outcomes for all New Zealanders. The contributions that Mr Bayly makes inside that select committee I think are worthy although his contribution today I thought was a little bit lacklustre—too much passion and not enough information.The number of things that this bill does is quite simply three things—well it's twofold really. It simplifies the tax legislation it modernises the tax legislation and it makes the tax system fairer for all New Zealanders. And when you start talking about tax it's not particularly the most sexy subject of all.Hon David Bennett: Does the alarm go off when you go through the door?CLAYTON MITCHELL: When your contribution comes Mr Bennett I'm sure that you'll be putting some people to sleep with your soporific tones and we'll be looking forward to what you have to say!I'd like to also take this opportunity to congratulate the Minister of Revenue Stuart Nash and of course Kris Faafoi the Minister who has put through Supplementary Order Paper (SOP) 293 which I think is a fantastic piece of work and it's come in at a timely place to certainly discuss those things. Look this omnibus bill covers over essentially three parts of the Act. It deals with the KiwiSaver Act the student loan scheme and various taxation Acts which encompasses a simplifying of taxation to make it easier for people to understand and I'll run through those five points briefly.But the first thing it does is it allows KiwiSaver members to change their contribution rates through their scheme providers or through the Inland Revenue as opposed to just having to do it through their employers. The second thing it does is allow the Commissioner of Inland Revenue to change the tax rates applied for portfolio investors in a greater variety of circumstances rather than leaving the onus solely on the investor. The third thing is to broaden eligibility for refundable research and development tax credits. This is something that is going to help stimulate our economy get particularly small and medium sized businesses which will benefit hugely from this opportunity to invest into getting better returns for their investment and start R & D - ing" themselves into better growth yields better export opportunities and to grow the bandwidth within their organisations. And fourthly it exempts overseas-based borrowers with serious illnesses or disabilities from being required to pay interest on student loan repayments.Now the SOP that's been put forward by Kris Faafoi is I think a very tasteful part of what this collegial Government is all about and that's looking after those people with those congenital conditions where their life expectancy could be somewhat reduced. In my family we are gene carriers of cystic fibrosis and we've got members of my family that carry that. That's a disease that is a double recessive which can actually be passed on when two people carry the genes on to each other and you've got a 50 percent chance of being passed on. So I have a family member that suffers from cystic fibrosis and it's one that I think being captured into this bill would enable them and anybody with one of these congenital diseases—multiple sclerosis I believe is also captured on there. We've talked about Down syndrome 21 which I think is another fantastic opportunity where those people will be able to get hold of their KiwiSaver before the 65-years-of-age requirement.So all these things I think are proof that this Government is working well. It's great to see that across the House they see the sense in this bill moving forward. It's a piece of legislation that I'm absolutely convinced in the future will be here and remain unlike when the previous Government removed the KiwiSaver kick-start programme retrospectively and took the thousand dollars away from the incentive to get new young people and people newly involved in the workforce that opportunity to get going. KiwiSaver is something that we must cherish in this country because of course the large amounts of people that are going into retirement versus the number of people that will be working to pay for their existence is becoming well and truly out-balanced. The KiwiSaver is a positive step forward and these five points that this bill addresses are a wonderful thing. We commend this bill to the House. Thank you.ASSISTANT SPEAKER (Adrian Rurawhe): Before I call the Hon Judith Collins: Mr Bennett some of those interjections were objectionable. Be quiet."