Tirikatene Rino; Tolley AnneRINO TIRIKATENE (Labour—Te Tai Tonga): Thank you Madam Deputy Speaker. I'm delighted to speak at the third reading of this bill. It's a very welcome bill. Can I commend Minister Damien O'Connor for his leadership. This is very important because what we're doing is cancelling the expiry of some key provisions in the Dairy Industry Restructuring Act (DIRA) legislation. I know it's been well canvassed in many contributions that have been made through the various stages of this bill but this is all about the continued evolution of our dairy industry. We want to see a competitive market within our dairy industry but there's still a ways to go yet before we get there and that's why we are passing this legislation. It is to ensure there's a smooth passage and to ensure that the provisions that are currently in place will remain in place until the industry itself in partnership with the Government following this comprehensive review can chart a way forward so that we can actually look to the future of further deregulation or whatever other changes are required to continue to support the growth of what is a very vital industry for our country. That's all this legislation does. It's a very short piece of legislation but it's very important to the many many farmers and emerging milk processors and Fonterras of the world that we have across the South Island. Had we not put this legislation through it would throw the whole South Island dairy industry into disarray come 1 June. Therefore it's very important that we just leave the status quo as it is. All we're doing is actually following the advice of the Commerce Commission that was triggered by these provisions whereby the Commerce Commission said that there isn't enough competition yet to remove the DIRA regulation. So we are cancelling the expiry making sure that the status quo remains and providing certainty to the whole of the South Island. There are many players as we've seen. Since 2001 with the passage of the DIRA legislation we've seen the emergence of quite a few new entrants into the dairy processing sector. If you drive around—and Mr McKelvie is more than welcome to drive around with me around the vast Te Wai Pounamu—we've got the Synlaits in Canterbury we've got Open Country Dairy we've got Oceania Dairy we've got Westland Cooperative Dairy on the West Coast. There are a—Hon Louise Upston: Miraka. RINO TIRIKATENE: Yeah they're not quite in the South yet but there are very successful new emerging processors. So it is a dynamic industry. There's a lot happening. There is a lot of change that is occurring. There are a lot of threats. Whether it's market-driven or whether it's biosecurity risks there are a lot of ongoing threats and challenges that the dairy industry is facing and competition also is an area that requires close consideration. So we are allowing through the passage of this legislation for it to sit side by side with a comprehensive review that can provide the space for that to take place whereby we will be fully consulting with all the concerned stakeholders to ensure that we can chart a very prosperous and productive way forward for our dairy industry. So it's an important piece of legislation this is. I am very pleased that we're able to provide that certainty to the whole of the South Island and I commend it to the House. Thank you. DEPUTY SPEAKER: I call Andrew Falloon for the five-minute split call.