Banks John: Supplementary Estimates — Imprest Supply DebateText is incorporated into the Bound VolumeBanks John: Supplementary Estimates — Imprest Supply Debate[Sitting date: 26 June 2013. Volume:691;Page:11327. Text is incorporated into the Bound Volume.]Supplementary EstimatesHon JOHN BANKS (Leader—ACT):Let us do an audit. What have we got across the other side of the House tonight? This is Her Majesty’s loyal Opposition. We have got a Labour leader whom no one wants. In Christchurch they are getting a Clayton’s hat that was not wanted in “Waimak”. The people of Māngere have a member they do not know. And then there is Raymond Huo—Raymond Huo whom no one knows because who is Huo? It is Raymond Huo. That is the opposition to these bills the Appropriation (2012/13 Supplementary Estimates) Bill and the Imprest Supply (First for 2013/14) Bill in Parliament tonight.Hon Clayton Cosgrove: I raise a point of order Mr Speaker. With respect members are entitled to be addressed by their correct name. Even if Mr Banks is imbibed tonight he should actually treat members with respect.The ASSISTANT SPEAKER (Lindsay Tisch): No that is not necessary but I ask the member to refer to a member of this House by their correct name.Hon JOHN BANKS: It is a bit rich to ask members to refer to other members by their name when the insults come across but I am intimidated by the .22 fuse on the other side of the House.The ACT Party and the people of Epsom support this legislation. The ACT Party and the people of Epsom do not want those people on this side of the House. The ACT Party and the people of Epsom stand for sound money not money printing. The ACT Party and the people of Epsom stand for keeping the lid on spending growth not shaking down taxpayers for more when they are hard-pressed. The people of Epsom are absolutely delighted that this member who represents the people of Epsom has kept those people opposite where they belong—eternally in Opposition. Those people opposite are divided like I have never seen before: they are leaderless they are rudderless and they have no policy at all no sense of direction and no understanding of the economy. It is a rabble over there and people watching television tonight and listening on their crystal sets would be aghast if they saw those turkeys on the other side of the House.Lower taxes so New Zealanders can create jobs is what we stand for—economic growth and employment opportunities not new taxes or tax increases or capital gains taxes. We stand for no tax increases no capital gains taxes no unnecessary borrowing no unnecessary debt no unnecessary taxes less government lower taxes more opportunity more entrepreneurialism more taxes paid to the Government through honest endeavour and a decent tax system that works for everyone.If we want world-class infrastructure in Auckland we need to put the avgas into the Auckland economy and this Government is putting the avgas into the Auckland economy. I am glad that the project I have been campaigning for since 2001—the inner-city rail loop—is going to get away in 2020 when I think the timing is about right. Of course we need to have a look at the structure of the debt of course the Auckland Council is borrowing $1 billion a year—a frightening rate—and of course the Auckland Council will have to sell assets to help fund its share of this rail loop. It makes sense. If we are going to have 12 to 15 trains going into the tunnel every hour now we can have 30 trains going through the tunnel every hour in the future. It is part of an integrated transport system. Roads completing the motorway network and providing better infrastructure in Auckland is what this Government is all about.But this Government still needs to tighten the belt. These Opposition members of Parliament when on this side of the House ran debt to 36 percent of GDP—36 percent of GDP—which is one of the highest in the OECD. The present Minister of Finance and others have got it down to 33 percent and we believe that it should be 25 percent of GDP. If expenditure was 25 percent of GDP we could have tax cuts and tax rates at 25c in the dollar and that would make sense.This Government on this side of the House is taking this economy out through the global recession with a lot of responsibility. The people listening tonight will be very very pleased that those “goosesters” on the other side of the House are not on this side of the House because what they will be doing is they will be supporting the Green Party and the printing—oh no! That is right. They are just going to borrow more money; they are not going to print any more money. As of last week Dr Graham has told us he is not going to print any more money. He said it was a silly idea the people say it is a silly idea and the Green Party has at last woken up to the fact that if a silly idea looks like a silly idea it is a silly idea and should be stopped. We are here because they are over there and long may they stay there.