Martin TraceyTRACEY MARTIN (NZ First): Kia ora Mr Speaker. Thank you very much. If we ever needed a real-life example that the National Government is confused and out of touch then the announcement of the Parliamentary Palace" part 2 is it. If we ever needed a real-life example that you cannot believe everything that falls out of the mouth of John Key then yesterday's question time and his answers to Ron Mark are the examples that should be held up.Let us be clear. Yesterday in question time when Ron Mark queried the ownership of Bowen House and how it came to be sold out of the public hands the Prime Minister suggested that it was done by the National Government from the 1996 to 1999 period of which the Rt Hon Winston Peters was part. Let us just make sure we record history correctly shall we? In some ways I do not blame Mr Key because Mr Key was not around. He was too busy making money off the sharemarket trading on the Kiwi dollar at the time. So he had his head down and he might not have known what the facts actually are but let us be clear.Barbara Kuriger: He knows how to run a business and the country.TRACEY MARTIN: In 1997—listen up National Party backbenchers because this is real history; this is the history according to Hansard not according to your speech-writers—the Rt Hon Winston Peters blocked an attempt to build the "Parliamentary Palace". As the Treasurer and due to the Asian economic crisis he rejected a new building because taxpayers already owned Bowen House. The very fact that he did that is why the National Party caucus or part of it under the leadership of Jenny Shipley threw over Jim Bolger and broke their word in a 1996 coalition agreement with New Zealand First not to sell any more public assets. Because they were dedicated to making sure that they followed this ideology they destroyed their own caucus to actually create this ability to sell. In 1998—so here we are Mr Prime Minister; have a listen—Winston Peters was no longer part of that National-led Government. There had been a coup—Jim Bolger was gone and Jenny Shipley was in place. In 1998 the following buildings were sold: Bowen House Bowen State Building Charles Fergusson Building St Pauls Square building Defence House Freyberg Building State Services Commission building Vogel building and William Clayton Building. How much do you think the taxpayer got—how much do you think the taxpayer got—for the package? It was $59.7 million—$59.7 million. In 2013 how much was Bowen House sold for by the private owners of that building? It was $62 million alone—close to $63 million. The Prime Minister seems to have had some sort of epiphany now. It says here that the Prime Minister is being quoted as saying: "It just makes sense long term for us to own these premises." Oh my goodness! It is like Groundhog Day. You could take the Rt Hon Winston Peters' speeches from back then in 1997 saying that it makes no sense whatsoever to sell into private hands a building that is owned by the New Zealand taxpayer and which has a guaranteed tenant—a guaranteed tenant. But no no no no. Jenny Shipley and the National Government—and they do not appear to have learnt very much—had no problem with it. The Rt Hon Winston Peters and New Zealand First were wrong did not understand business and did not understand the economy! Off they went and sold all those buildings.What is even weirder is if we tie that into the KiwiBank adverts at the moment. Who has seen the new KiwiBank adverts at the moment? We have got some New Zealanders' faces projected on buildings saying: "Hey are you banking with KiwiBank? Because we're not a foreign-owned bank and our profits don't go offshore." Oh my giddy aunt! It is like straight out of the New Zealand First manifesto. Who was it who stood up on the privatisation of the Bank of New Zealand and other banks into offshore hands and said: "Now all the profits are going to go offshore."? Do you know who is the appointed chair of KiwiBank? It is Jim Bolger. Crikey dick! The guy who said we should not own our own banks is now part of the campaign to try to get New Zealanders to recognise that when they bank with a foreign-owned bank their profits go offshore. New Zealand First—I guarantee you—is the only political party where all of their accounts are held with KiwiBank to make sure that we support the only New Zealand - owned bank—oh Government-owned bank; TSB Bank I take your point—here on these shores. It is like Groundhog Day over here. If this Government would only listen to New Zealand First in the first instance you could stop repeating stuff."