Falloon AndrewANDREW FALLOON (National—Rangitata): Thank you Mr Speaker. I rise tonight to oppose the Taxation (Annual Rates for 2019–20 GST Offshore Supplier Registration and Remedial Matters) Bill. Now I did enjoy Mr Shaw's contribution before talking about some of the less controversial aspects of this bill but I do want to turn to the two main provisions of this bill and they're the reasons that we oppose the bill on this side of the House. Now the first one of those is for a new tax which relates to ring-fencing of losses of rental properties and amounts to about $190 million.Now I've just come off the phone before I came down into the House with an owner of a rental property and he's very very concerned about all the costs that are coming his way under the current Government. A lot of people I guess often think Oh well that's OK they can afford it. They're landlords—they're rich." Well actually it doesn't work that way in the real world Mr Shaw. Whenever those costs are put on to landlords what do you think happens? The rents go up. Now that's because they have to retrieve those costs from somewhere and so of course they're going to have to pass it on to those who are staying in their properties and Labour just doesn't understand that unfortunately.But that's what this Government does. They put up the cost and they think that it won't have an effect. They put up the cost in things like petrol taxes and they don't think that it'll have an effect on Kiwi families who are just struggling to get ahead. If you look at the last Budget if you look at the Budget just announced a couple of weeks ago there were three new taxes—three new taxes—in the first three pieces of legislation that this Parliament considered after the Budget—three new taxes. Now we're here again debating yet another tax increase put forward by this Government passing another law another tax that will hit low and middle income New Zealanders.I want to come now to the major objection that I have to this bill which is confirming the rates of tax for the coming year and this is actually where the real cost is for New Zealand families—the real cost—because as we know when Labour came into Government about 18 months ago one of their first actions was to legislate to cancel tax cuts—to cancel tax cuts. Now those tax cuts would've been worth about $1060 to the typical New Zealand family. Under this bill under these tax rates that we're setting today the typical Kiwi family will be paying $1060 more in tax.It's at a time when families are struggling with higher cost of living; with higher rents which have gone up by $50 a week already and will go up further under this bill; when families are struggling with higher petrol costs as a result of even more petrol tax that this Government has put on not just in Auckland but across the country—they're putting on yet another tax. It also comes at a time when the economy is deteriorating and we heard today that even Jacinda Ardern the Prime Minister accepts that that is happening. Job growth has stalled. Under the previous Government the economy was creating 10000 new jobs every month; now it's negative. Growth in general has halved from nearly 4 percent to a little over 2 percent. It is exactly the wrong time to be putting on new taxes.But it's not just this bill that does that. Seven new taxes—seven new taxes—have been brought in by this Government since they came into office a little over 18 months ago. Seven new taxes at a time when families are struggling seven new taxes on hard-working Kiwi families up and down the country and we ask: for what? Where has this money gone? There are seven new taxes including the new taxes and the increased taxes that are contained in this bill. Where is that money going? Well the first thing it's going to is to KiwiBuild—ASSISTANT SPEAKER (Adrian Rurawhe): Can the member come back to the bill. You need to speak to what's in the bill.ANDREW FALLOON: I am Mr Speaker. I'm talking about the $190 million—ASSISTANT SPEAKER (Adrian Rurawhe): No you weren't actually—no you weren't. You were talking about other matters. You need to address what is in the bill. Thank you.ANDREW FALLOON: Happily—sorry Mr Speaker. The two new taxes that are contained in this bill the higher income taxes and the $190 million that's going to come off every renter—where's that money going? Well the first thing it's going into is to KiwiBuild which is an absolute disaster which even Phil Twyford now accepts. They've completely axed all their targets—they call it a recalibration.The other thing that this money's going to this $190 million contained in this bill in increased income taxes is to 1800 new police. Well actually where are those new police? We heard today from Stuart Nash that only around 460 new police have come about as a result of—ASSISTANT SPEAKER (Adrian Rurawhe): Order! The member's time has expired."