Bayly AndrewANDREW BAYLY (National—Hunua): It is a pleasure to be talking tonight and I think the theme tonight should be that this is a Government for infrastructure. I think there are three things we should be talking about in terms of infrastructure. The first one as we heard earlier tonight from the Minister of Finance is about all the good things that are actually in the Budget. The main centrepiece of that Budget was the $11 billion of additional new spending to be put forward over the next 3 years towards increasing or improving our roading network. Just over $9 billion will go into roading and related infrastructure and also a whole lot of other money has been invested into schools hospitals defence and housing.My electorate has certainly benefited from that. I have just had the pleasure of hearing that we are going to have a brand new school in Flat Bush. We have just opened a school earlier this year in Ormiston. We have 10 new classrooms in Beachlands and there have been a whole raft of those types of investments. The amazing thing is the $32 billion that is going to be invested in infrastructure in New Zealand over the next 5 years which is going to improve the way that everyone operates how we move around at a personal level and how businesses also grow and survive and compete using modern infrastructure. I also just heard a little bit about the rail and of course it is worthwhile just reiterating that $558 million will be going into rail initiatives around New Zealand—$450 million of that is going into KiwiRail. There is a large investment in improving the KiwiRail and associated networks and that does not take into account the $436 million down payment on the central rail loop which will benefit all Aucklanders. I certainly agree with the previous speaker Julie Anne Genter that there has been a dramatic increase in rail patronage and that is why we are investing so substantially into it.On top of that we have had the $1 billion Housing Infrastructure Fund and a lot of that has already been allocated certainly to Auckland and Hamilton and a lot of that is going to help create the opportunity for another $60000 houses across New Zealand which is absolutely essential as we all know.The third thing that I want to talk about is Crown Infrastructure Partners. This is a new model that was of course announced over the weekend. I think it is very very significant as the third leg of the treble in terms of infrastructure. It is really recognising that in many cases councils are up against their borrowing limit and of particular pertinence to many of us is the Auckland Council in terms of its financial situation. Of course coming up against its borrowing limits is restricting the council's ability to pay for good new infrastructure that is so desperately needed.What the model is under the Crown Infrastructure Partners arrangement is that together with about $600 million of capital provided by the Crown private equity will be allowed to fund and assist in investing in the infrastructure to make sure that these very large developments can occur. It is really using the successful Crown Fibre Holdings model that has of course been rolling out broadband round New Zealand where under these arrangements—and they will be relevant only to very large developments—Crown Infrastructure Partners will own the infrastructure and they will build it of course and they will receive the development levies and other associated revenue. The council will—in its own right but there is no requirement to—have the opportunity to buy those assets. Basically what we are doing under this model is front-loading the investment so that these large developments can occur much more quickly and without imposing such significant impositions on various councils' financial balance sheets.Of course to me the most relevant is the $387 million that has been announced for the south of Auckland. It was very timely that the announcement was made at the Stevenson development at Drury South where it is going to create 5000 new jobs for many people living in my electorate of Hunua. Of course that money is going to go towards improving the roading network and the train network—specifically there are proposed new train stations at Paerata and Drury South—which are all going to improve the situation for many of my constituents. Thank you very much.