Bakshi Kanwaljit SinghKANWALJIT SINGH BAKSHI (National): Thank you Mr Speaker for the opportunity to stand in opposition to this bill. That was a very pathetic contribution by Priyanca Radhakrishnan the previous speaker who could not even last for a long time. The wellbeing report that she mentioned from the French Government in 2009—they did not take up that wellbeing concept in France and so why are we thinking about taking it up in 2020 in New Zealand? So I think we deserve an answer from that speaker or from her party. I am very pleased that the Rt Hon David Carter gave a very good definition of what wellbeing is. I would like to add to that that the word well-being" according to Dictionary.com was first recorded in 1605 and since then Governments and rulers have been trying to portray that the wellbeing of the people is very important. Every member in this Parliament comes to this House for the wellbeing of their constituents and that's what it means. I was not part of the Finance and Expenditure Committee when that select committee went through this process but looking at the report Treasury is first going to report back in 2022 about the wellbeing measures and on how they are going to use these and after that every four years they will be reporting back to the Parliament. The intent of the wellbeing report may be combined with one or more documents that Treasury is required to produce under Part 2 of the bill and such a statement will be on the long-term fiscal position and the investment statement. What I want to emphasise over here is this four-year term that Treasury is going to come back and report back to the Parliament on how the wellbeing is going and as I am part of that study group in Victoria University it was mentioned that the policies from the Government officials and public servants do change with a change of the Government. So for four years there will be no report back on wellbeing and there be a term of a three-year Government when their performance will not be measured by anyone on any aspect. So that will be a big challenge. For those three years what that Government did—nobody is going to scrutinise the outcome of the Government. So these are the things which we need to understand. There should be targets as we did as a National Government where public service targets were put in so that every year we can look into those—[Mr Speaker holds up the bill] Yes Mr Speaker I am talking—I am comparing the wellbeing—SPEAKER: Well get there—get there quickly. KANWALJIT SINGH BAKSHI: Four years for the report-back period is not a good sign. The Government of a three-year term will not be measured on any account whereas those public service targets every year came up with what performance was being done by the particular department. So those are the things we need to understand and that is why this bill is I think not appropriate in the way it has been drafted. I think it should be reconsidered and this should not be put into the legislation. Overall we also need to understand that it is not only that "well-being" word that will make any difference. We need to have a better economy. We need to have people who have got better jobs so that they can have more money in their pocket so that they can look after families in a better way. We need to have better infrastructure where we can provide better economic developments in the long term. A strong economy is fundamental to improving the wellbeing or the living standards of New Zealanders and that is where this whole bill is lagging behind without any targets set into the whole process. The Government has systematically weakened our economy since coming into office and adding costs to the Kiwi businesses and businesses are feeling that pinch. Every time I go out and meet the businesses they always talk about the additional cost. Lastly I would like to say that the taxes which have been introduced by this Government in the past three years are really hurting people. We have seen only yesterday that the light rail has been—SPEAKER: Order! The member's time has expired."