Collins JudithHon JUDITH COLLINS (National—Papakura): The National Party is supporting this bill to select committee. We support anything where there is at least an intention to streamline processes but most attempts at streamlining processes I've noticed over the years tend to actually make them worse. But isn't that the rule of good intentions? That's a bit harsh but it's probably true. We think it's a good idea to no longer have to require investors to carry out a full screening process once they've already been screened and approved for an investment. These are the sorts of things that add a lot of time and cost and actually time is money when you're paying for the time of your lawyers and your advisers.It's also important I think to—and having listened to the member who's just resumed her seat Deborah Russell—you know there's nothing in here when I've looked through about property rights or any concept that once one owns property actually one owns property rather than simply then everyone else gets a say about what you do with that property. I know it's currently a foreign idea this concept of property rights and I can see my good friend Eugenie Sage sitting up in horror at the concept of it. But actually surely when people pay for land they pay for land. But we're very aware that people want to make sure that some assets remain in New Zealand and that New Zealanders get a fair opportunity to partake of the wonderful natures of our country and assets. But I do sometimes think that there's a tremendous amount of worry about what might happen when actually as I look around the Parliament most of the people here are children of immigrants. Some are immigrants themselves grandchildren of immigrants in some cases many decades back. But actually people come to New Zealand to get ahead in life and we're a very long way from anywhere else. So bringing in whatever we do in relation to overseas investment we need to understand that overseas investment is generally a good thing. There'll be some instances where it hasn't worked out well for the country and I think that those need to be acknowledged but actually mostly it's a good thing. Because one of the things with a country of our population of a mere five million people smaller than Melbourne in an area larger than the United Kingdom—the one thing we really lack apart from people is we actually lack capital. And that capital holds us back.We get often very proud of the fact—we like to talk about the No. 8 mentality that we have to get things fixed; it's actually quite a sad indictment on the fact that we don't have enough money to buy what we should have bought in the first place. That is I think one of the sad things with this but generally we think it's a good idea to try and streamline the processes. I'm not sure that everything in here is going to be treated with universal acclaim by the National Party but we'll give it a fair opportunity to go to select committee. We think the select committee process is far too short. These are very important and serious issues and they shouldn't be just rushed through in a very shortened process in the select committee—which the current Government decried every time it happened when we were in Government and suddenly it's all OK to do that.I guess we should be very grateful that at least in the select committee we'll have an opportunity to talk about the details. At least we will be able to have some submissions from the public and we would like to hope that people who are actually involved in investment in New Zealand or people who are trying to get some investment into their businesses so they don't have to sell them or actually just close their doors on them will want to be able to give submissions on it.I went for a walk yesterday—I'm sure you all want to know about this—around Wellington Central a nice long walk and I thought there was nothing open really apart from a couple of places selling a few cups of coffee to people as they wandered by. It was so empty and eerie it was like I was expecting some tumble weeds to come racing down the street. It was so empty. I hope it's better today; because I've been so busy here all day I haven't had a chance to go out. But I really do think we need to get ourselves basically into the real world. We need money in this country and we need it fast so let's not be silly; let's help this bill get through to the select committee and let's actually have some streamlined processes and let's hope that for once they actually do work.