Young Jonathan: Appropriation (2012/13 Estimates) Bill — Third Reading Imprest Supply Debate 
Text is incorporated into the Bound Volume 
Young Jonathan: Appropriation (2012/13 Estimates) Bill — Third Reading Imprest Supply Debate 
[Sitting date: 21 August 2012. Volume:683;Page:4568. Text is incorporated into the Bound Volume.] 
JONATHAN YOUNG (National—New Plymouth) 
: 
 I am very pleased to be able to stand in this third reading of the Appropriation (2012/13 Estimates) Bill and I just want to address a couple of remarks that the Hon David Cunliffe made just recently. It is hard to think that that is Labour’s best contribution that it can make to this country as he simply said that we are a nation that is focusing only on extractive industries such as dairying and oil and gas. Well I come from the province that has the lowest unemployment rate in this nation because of those two industries—dairying and also oil and gas. We have around about 3.6 percent unemployed which is not good enough. We want to get more people into jobs. But we are seeing that those two industries have undergirded a remarkable GDP in our province. 
It is not only those two industries but also the industries that they support whether it be financial services or engineering even to the extent that there has been diversification of manufacturing and engineering. We now have a company called Fitzroy Yachts Ltd which is reputedly the best luxury yacht builder in the world. Last year at Monaco it won a tremendous award for building the best yacht in 2011. We see in this great province of Taranaki very low unemployment because of these industries. Let us not take them for granted. Let us not minimise them. 
These are industries that also have a very good reputation for their concern and care for the environment. The Taranaki Regional Council is famous in this nation for its riparian planting programme. There are 17000 kilometres of streams in the province of Taranaki and a vast majority of them are being planted out with shrubs on the shorelines of these streams in order to capture and filter away nitrates and keep our waterways pure. We also know that there is a very high environmental safety record regarding those industries that are involved in the oil and gas sector. We also know that these industries are great contributors to the way of life of people in Taranaki and also in New Zealand. So we are very proud that we do support and encourage these industries in our province and in our country. 
Really when you look at Taranaki and what it has to offer the lifestyle and all the opportunities in terms of employment that give people international qualifications and international ability to work anywhere in the world in these industries and when you look at what these opportunities offer New Zealanders you can see what can happen to this country when it comes to economic transformation. We know that there is one particular field that is 50 kilometres offshore; it is called the Tui Area field. It used to be that oil and gas extraction was the fourth-biggest export earner in this country. Yet when the Tui field came on stream it immediately jumped to No. 3. It surpassed our timber products and our export markets which tells us that just one significant find has the ability to bring a big kick into our economy. 
When we look at what we want to do in terms of our schooling and our modern learning places when we see what we want to do in terms of our hospitals and when we see what we want to spend in cities like Christchurch and its rebuild it is very important that we have some game-changing industries in our country. I think it is very important to acknowledge the Business Growth Agenda which our Government is rolling out and how we are turning not just Government policy but also Government departments round to be far more integrated with business. Indeed it is private enterprise that is the substantial tax base for this nation and we want to encourage that. We want to see innovation. We want to see an increase in our export markets and in our selling to the world so that we can continue to see this great nation of New Zealand prosper and make great progress. Thank you. 
Mr DEPUTY SPEAKER 
: We are back to 10-minute calls.