Carter DavidRt Hon DAVID CARTER (National): Well it's a pleasure to make a contribution on Part 2 but the first thing I want to say is that that speech that I've just heard from Mr Patterson I won't be circulating to anybody. It was completely incomprehensible. I have no idea what he said. The other thing I just wanted to comment on was the excellent contribution from the Hon Nathan Guy when he—Hon Members: The mike's not on.Rt Hon DAVID CARTER: No it's on. They can hear me. They can hear me. I was just going to make the point that the excellent contribution of Nathan Guy pointing out that the Minister of trade has not yet been to China—I know why. He's been held back tidying up this mess since he introduced it into this House. He'll go shortly as soon as he gets this mess tidied up. But this part Part 2 is the time when New Zealand First rolled Labour. The bill as it was introduced—as I made the point earlier—stopped foreign investment and makes it very difficult to invest in any sector. Shane Jones and New Zealand First realised that. They huddled around the Cabinet table and they forced Mr Parker to introduce a Supplementary Order Paper (SOP) into this House making forestry come into the regime—making forestry come into the regime. Not only did they do that but they then made it easier and I referred to something that no one else has talked about yet: the screening pathways for forestry. Under the existing legislation there's a benefit test that incorporates a counterfactual: if it remained in New Zealand ownership what would the likely benefit be of this going into overseas—Fletcher Tabuteau: All of Northland is foreign-owned forests. Rt Hon DAVID CARTER: The Professor" ought to listen to this; he might learn something. First if it goes into overseas ownership what is the benefit to New Zealand? It's called the counterfactual test. It's difficult so what the Government's done with this is first of all they've modified the benefit test and made that counterfactual analysis a lot easier. But the one that worries me more is for forestry and forestry alone. Shane Jones is smiling over there because he's managed to get a special benefit test. A special benefit test takes out the counterfactual argument completely and we said to the official "So what is this special benefit test about?" and the answer was "We don't know yet. We're going to do it by regulation."So here we are and Shane Jones is nodding his head because he knows this is all about the billion trees he's promised to plant. The original bills would have scotched the idea of planting a billion trees so up they've come in the last minute with a Supplementary Order Paper that poor old Mr Parker has got to sit in the chair tonight and stomach because he never agreed with this—he never agreed with it. Shane Jones rolled David Parker. New Zealand First rolled Labour. They want to see a billion trees a year planted. They need more forestry. So we've now lightened the regime for forestry. We've given an exemption for up to 1000 hectares per year. So what that means Mr Jones is that before we manage to kick this Government out by 2020 there's effectively three opportunities. We're talking about guys rorting the system to get 3000 hectares done and dusted before the next National-led Government can change this legislation.Having put in the exemption for 1000 hectares the next thing Shane Jones argued for and successfully was the special benefit test. And the officials can't tell us what will be in the special benefit test because it's going to be done by regulation. So I say to members of this committee: if we don't manage to stop the legislation passing through keep an eye on that because that will be another issue whereby I bet that Provincial Growth Fund—the slush fund—is used around the country giving opportunity for easy investment by foreigners easy investment—Hon David Bennett: And getting paid for forestry credits.Rt Hon DAVID CARTER: Yes. Absolutely. This is about the Hon Shane Jones rolling the Hon David Parker. It's neat to watch but that doesn't make it right."