Scott Alastair: Taxation (Bright-line Test for Residential Land) Bill — Second ReadingText is incorporated into the Bound VolumeScott Alastair: Taxation (Bright-line Test for Residential Land) Bill — Second Reading[Sitting date: 03 November 2015. Volume:709;Page:7613. Text is incorporated into the Bound Volume.]ALASTAIR SCOTT (National—Wairarapa): I was not quite sure what the last speaker Phil Goff was getting at. I think he was trying to talk the Auckland house prices down and he was trying to reduce the rateable value of the assets that any Auckland Council may want to rate and raise revenues against which I would have thought would be in conflict with any potential mayoralty aspirations. Nevertheless try to tell that to the Aucklanders whose house prices he wishes to be reduced halved or reduced by a third. I am not sure what sort of discount he wants to achieve. Nevertheless I can say that there are Aucklanders moving to the Wairarapa because there is opportunity there. There is opportunity in the Wairarapa there is opportunity in Wellington and there is opportunity in Christchurch. Not everyone has to live in Auckland. Not everyone is forced to live in Auckland. They can choose to live elsewhere and there are lots of places that Aucklanders can go to.Mr DEPUTY SPEAKER: Wanganui. [Interruption]ALASTAIR SCOTT: Even Wanganui Mr Deputy Speaker. There are lots of choices and there are lots of opportunities so I suggest that if one cannot afford a home in Auckland a home in Auckland that is going to cost close to a million bucks one should look elsewhere.I return to the bill. This bill despite what the Opposition says is not confusing. It is actually very simple. It deals with two aspects: residential property and the fact that it is purchased and sold within 2 years. That is it. That is all that we need to talk about. It is that simple. It is part of a suite of legislation that this Government is passing to contribute to freeing up land to be part of the housing zones that are being nominated. This is sensible legislation that supports that initiative. It is not based on Chinese-sounding names. We do not develop property or investment policy based on Chinese-sounding names unlike Mr Twyford supported by his leader Andrew Little.Hon Member: Give it a rest.ALASTAIR SCOTT: “Give it a rest.” is being shouted from the other side but unfortunately that is the policy of the Labour Opposition alongside a capital gains tax. Some Labour members will not support a capital gains tax—I know that. But some of them will and unfortunately they need to get their house in order to come out with some sort of united policy.I just want to help Mr Nash with the concept of the house with the greatest connection. If Mr Nash is really that confused and if he is unsure about the house that he has the greatest connection with I suggest he just goes and asks his wife because I think that it is so obvious where one’s home of greatest connection is that there is no debate. To suggest that it is confusing and difficult to understand is a nonsense. I am very pleased to support this bill.The question was put that the amendments recommended by the Finance and Expenditure Committee by majority be agreed to.