Mallard TrevorRt Hon WINSTON PETERS (Deputy Prime Minister): It's a great pity that Mr Goldsmith didn't share with us his extensive business experience. Mr Goldsmith said that his plan with the National Party is to pay down our debt against GDP to 30 percent over 10 years. You know what that means? $82 billion of cuts. What a nightmare. On the weekend when an economist was asked—namely Shamubeel—what he thought he looked incredulous at the television screen and he said something like It's nuts—it's madness." But there you go—that's the National Party's plan.Now look last Friday I was down at the working men's club in Invercargill to tell the good people of Invercargill that there's one party in this country that understands how Tīwai Point began its whole history and that the thousands of workers down there are going to get the backing of a party called New Zealand First right now and into the election—and it ain't going to be closing. You see I have never seen so frequently in politics so many politicians including myself who were told a massive lie and we all believed it. We were told that Tīwai Point was the beneficiary of subsidised electricity and that the aluminium was therefore the product of the taxpayer rather than the workforce. We were told that the supply agreement was a secret.Ladies and gentlemen here are the facts: in 1963 under Keith Holyoake he set up Manapōuri to supply electricity on the belief like the movie says that if you build it they will come. They didn't have Comalco as a partner at the time but they knew that if they built this power station using all this reserve water the big industry would come to Invercargill and it did. The plan in the 1963 agreement all laid out there was that they'd pay all the cost of supply right to Tīwai Point plus a margin of 10 percent. That's a massive dividend.And what happened? In 1977 a man called Rob Muldoon a year before I came to Parliament decided he would ratchet up the taxpayer's benefit off that not by 10 percent; by a further 350 percent. He threatened to change it by law. It was catastrophe for the people down there at Tīwai and they've fought ever since to survive. Our message to those people down there is there's one party that understands the facts the law the accountancy and the benefits to this country. We're not going to go with a $100 million plan and that's it—like Helen Clark's $120 million plan for the West Coast and that's it and they've been suffering ever since. A hundred million and that's it when they're getting $450 million being made down there right now for Invercargill and our country every year. Ladies and gentlemen this is truth and tell time and I'm asking the National Party that's had that seat all those years—all those years—what are you going to do for the people down there or do you expect them to vote for you and you're a lamb in Parliament and a lion in the electorate? When are they going to stand up?I make it very very clear: it's not a criticism of other parties; it's an exposure of the truth that all this time we believed that it was secret and that there was a massive subsidy and it turns out that it's not true. Thousands and thousands of workers down there at Tīwai Point—their families their children the whole communities and towns—need the support of this Parliament and the clear message to them from us in New Zealand First is we're going to make this a point of absolute certainty. We're going to not just save that aluminium smelter; we're going to stand up for the finest aluminium production in the whole world. Out of that place in Tīwai Point because of the efficiencies and the workforce they produce the world's finest aluminium—Andrew Bayly: Only in one pot. There's three of them.Rt Hon WINSTON PETERS: Yes that's right—that's right. By the time—by the time—Andrew Bayly: Only out of one.Rt Hon WINSTON PETERS: Yeah look there's swings and roundabouts but when we make the great comeback they'll be all going rather than import junk aluminium from offshore paid for by the taxpayer and it starts rusting within two years. We're going to give our industry a full and fair go. We're going to stand up for New Zealanders first.In short we're saying to them: if you see what has happened to you it's unnecessary that you're being offered options that are not sound that the country has been misled and you're the victims of it. If you understand that then we're asking you to back your future because we will. If they see it that way I know which way they're going to vote come the election day in September 1993—2020. I said 1993 because back then of course—SPEAKER: Order! [Interruption] Order! The member's well past his time.Rt Hon Winston Peters: Yeah—extension of time Mr Speaker? Ha ha!"