Lee MelissaMELISSA LEE (National): Thank you Madam Speaker. It's a pleasure to rise to participate in this debate. First of all I'd like to say I concur with my colleague Stuart Smith who had a wonderful contribution I believe in opposing this bill. But before I actually begin talking about this bill I'd just like to give one piece of advice to the member who just sat down who has been chairing the Economic Development Science and Innovation Committee. In a debate you don't necessarily get up and accuse a member of not having actually done something when you haven't listened to the debate because one of the first things that Stuart Smith actually said was talking about the inflation rate that it has reached 6 percent but the non-tradable rate was 6.6 percent. That was the first thing he actually talked about. So if the member was not listening properly you do not actually get up and accuse the member of not having actually done the job or read the news. Or if the member has no idea about how business operates perhaps she should not be talking about business and the market because she's probably never owned a business before and doesn't understand what it actually is to run a business.One of the things that I find incredible about this Government is that often they believe that they're doing the right thing and that's honourable because we all as members of Parliament want to help communities want to help New Zealanders want to help the economy; we actually feel that we're doing the right thing. But sometimes this Government seem to have the wrong end of the stick. They don't actually understand that when the Government intervene and try and control prices what they effectively do is actually by trying to reduce the cost for consumers it reduces competition which effectively means that it distorts the demand and supply which effectively will end up with costs being higher for consumers because when the cost actually affects the businesses businesses—what do they have to do? If the cost goes on the businesses it costs businesses more to operate their business they're not going to wear it. Why should they? It costs more for them to run their business to pay people to actually employ people to actually rent the premises do their business. How is that actually going to affect? It's going to basically go on to the consumers and it's going to cost consumers more. This bill effectively does that.The key intervention which the Minister had actually talked about in terms of the terminal gate pricing which is the bill that we actually passed the Fuel Industry Act of 2020—we actually supported that bill. The fact that the Minister says that it has had an impact in the way that terminal gate pricing actually works that it actually allowed for more companies to participate including new entrants to the market and you know where prices are 10c to 30c cheaper in areas where Gull operates or the Timaru Oil Services operate that is a wonderful thing. So why is the Government now trying to control prices if the market is operating the way that the bill that we passed in 2020 the Fuel Industry Act is actually doing its job? This is a Government basically wanting to control the market. It's like basically saying We know better than the business we know better than you the consumers because we will dictate how much you actually pay for it."Perhaps I may not be very popular if I talk about the dentistry industry because recently I went to get my teeth cleaned—you know annual event for my family—and you know literally it was a 20-minute session a quick check-up no X-rays and a quick dental hygienist operation cleaning my teeth. Only 20 minutes—apparently I do a really good job with the brushing—cost me $350. Twenty minutes—perhaps the Government could regulate that price. You know it literally cost $1050 for three members of my family—me my son and my mother—$1050. I didn't actually realise that that was the price. Inflation has cost that—inflation. Non-tradable rate at 6.6 percent and it is the direct impact of this Government's failed operations in setting the rules. This is the inflation overreach that creates higher prices for consumers. This Government has no idea how business actually operates. This is a bad bill and we don't support it."