Andersen GinnyHon GINNY ANDERSEN (Labour): Thank you so much Madam Chair. Well I'm really pleased to be able to speak to the proposed amendment in my name which is to add a new clause: clause 8. I think the bill would be really strengthened by adding new clause 8. New clause 8 specifies that the Ministry for Business Innovation and Employment must undertake a specific analysis and report to the Minister on the particular impact of market flexibility. That's really important because in some of the debates we've heard in the first and the second reading of this bill there's been a lot of discussion around flexibility in our employment market and how important it is to have that flexibility.One of the real points of contention that we are still not able to see eye to eye on is the fact that this side of the House has the view that fair pay agreements would improve market flexibility. It's for that very reason—because if you have a bottom line in terms of employment pay and working conditions that operate in Gisborne or in in Southland or in Northland and if you are a dairy worker for example in any of the different areas or a manufacturer in those areas it means that you can uplift your family and go to a different part of New Zealand and you are guaranteed the same wages and conditions. So for employers in some of those parts of New Zealand that struggle to seek and get employees that means that we have greater market flexibility if we have a bottom line in terms of conditions and also wages right across the board.What my amendment to the bill proposes is that there needs to be that analysis for the impact of market flexibility on the New Zealand economy over the past 40 years and also what impact this has had on the wages of New Zealand workers. It specifies in new clause 8(2) of the proposed amendment that this must be provided no later than one year after the assent of the repeal bill. So it's really important if we're going to be taking this step that we need to be gauging what kinds of impacts this legislation does make not only to the flexibility of our labour market but hopefully it will provide some really helpful insights into the impact on productivity. That's one of the key areas that I'm really interested in understanding which is: if this legislation does go ahead what is the impact on New Zealand's productivity overall?My fear is—my real fear is—with this bill if this goes ahead that if we just have a race to the bottom if we do just have this race to the bottom what are the incentives for employers to innovate to provide new ways of doing things? Having a built-in ability to really assess what this is doing to our market flexibility for employment and the productivity generated from New Zealand's small businesses that's an important way to do it because we've already noted that—actually actually earlier in the House today it was mentioned that about 80 percent of New Zealand's business is small businesses. It's more like about 98 percent of our businesses are small businesses and a lot of those ones are in fierce competition.As a Government would you not be thinking that you would want to gear that competition to innovation to bright ideas to be able to market ourselves offshore not to race each other to the bottom—like who can pay out our workers the least possible amount of wages in order to mark up your profit margins? Would you not want to be creating something new and innovative that would actually be able to drive your profit margins in a different direction that wasn't just focused on milking what you can out of the workers? I think if we build this part into analysing what the flexibility is I think that would be a huge improvement. I think by having that review by having that review in place I think that that would really improve and strengthen the current legislation.I'd just like to point out that there's a third part in terms of clause 8 of the new proposed amendment and it says that the Minister must—must" which is a strong word I agree; "must" is a big word but we've got it in there—within 60 working days of the day the review is provided the Minister as required to present it back to the House of Representatives. So it provides this House with another opportunity just like this one right now where we can have this discussion about where we are progressing and how we are factoring in—[Time expired]"