Nash StuartHon STUART NASH (Minister of Police): Thank you very much Madam Assistant Speaker. Such negativity. I've sat here for about well since dinnertime and all I've heard is a whole lot of really negative stuff. Phil Twyford were we like that nine years ago when we were in Opposition?Hon Phil Twyford: No we were constructive.Hon STUART NASH: Goodness me! If you want to be part of the conversation if you want to be part of the solution then be constructive. You don't get it do you? You haven't figured it out—that the reason why Jacinda Ardern is so popular is because she's positive. She's offering solutions and all you can do is attack. I haven't been called a failed left-wing academic for a long long time ago. There you go eh. There we go.This bill is about doing the right thing—there's no doubt about that—in terms of preventing the expiry of certain provisions in the Dairy Industry Restructuring Act 2001. And there's the first great irony: 2001—the Dairy Industry Restructuring Act 2001. As Miss Allan stated it was the Labour Government that actually gave rise to Fonterra that had the foresight—that had the foresight—to create Fonterra. It wasn't the National Party; it was the Labour Party. It wasn't a farmer Government from the rural electorates but a pragmatic progressive Government that understood business and global markets—hence Fonterra. Farmers on that side have had nine years to sort this mess out nine years to address the issues. I don't know what Mr Bennett has been doing for nine years as a dairy farmer himself. You would have thought that if he believed that there was something wrong in the industry he would have stood up and advocated but I don't know what he's been doing and after nine years it will take yet again Minister Damien O'Connor and a Labour Government to sort this out and make some changes.I'm really looking forward actually to a comprehensive review of Fonterra. And isn't it about time! As the Minister for Small Business I'll tell you I'll be watching very very closely how Fonterra's monopoly position in certain communities will be managed. Let me just give you one short example and that's payment terms: 61 days from the end of the month that an invoice is sent—it's up to 90 days. Australia's Small Business and Family Enterprise Ombudsman Kate Carnell singled out the cooperative for and I quote extortion-like behaviour".Hon David Bennett: Stick to DIRA.Hon STUART NASH: Mr Bennett talked about economic potential. What about the thousands of small suppliers to Fonterra that are having cash flow problems because Fonterra is using a monopoly position in the market to treat them like a bank? That's what economic potential is. That is why this Labour - New Zealand First Government is the party for rural and provincial New Zealand.Hon David Bennett: Oh there's no way.Hon STUART NASH: And Mr Bennett knows it—and he knows it. Look let's be honest about one thing. Fonterra is a hugely valuable company for New Zealand's economy and for various rural provincial and city communities but it is now time 17 years later after that original Act was passed by a Labour Government for a review and I welcome it. I'll certainly be supporting this legislation and I'm assuming Mr Bennett will as well. Thank you."