Patterson MarkMARK PATTERSON (NZ First): What a miserable cold-hearted speech that was denying the very lowest-earning citizens in our country the right to a fair day's pay for a fair day's work.I want to take up Simon Bridges' challenge from before because I want to talk about the economy. I am up for that. He talked about the need for the boat to go faster but if the boat is going to go faster and we're going to build a strong First World economy we need to own the damned boat. We are too busy in this country selling off the family silver and I can tell you lost in the events of the last few weeks we have the proposed sale of Westland Milk Products—a 125-year-old farmer-owned cooperative proudly built up by generations of farmers on the West Coast and I understand the roots of that go back as far as 160 years. So we urge the shareholders of Westland Milk Products to think long and hard before they sell their family silver particularly those at the most extreme ends of the coast. It is a very big geographical area and you will end up after that 10-year period being price takers at the end of a supply chain dominated by a foreign multinational.Of course this Government has not been a passive bystander. We have sought to get alongside Westland and offer some financing to allow them to progress their value-added strategy but alas. Of course the National Party don't care; they've got previous on this—Silver Fern Farms our biggest meat exporter. They waved that goodbye without even a song or dance without even a fight. They were prepared as they always are to sell us out to the highest bidder. I was involved in that deal and I know that there was a consortium of New Zealand companies ready to step in and they could have facilitated that and they did not.Foreign investment can of course be positive. It is not necessarily all bad. It can provide capital where it's needed and access to markets but you can get too much of a good thing and every year we get to repent as we send $5 billion a year away in dividends to our foreign-owned banks. Anyone in Bowen House or the Beehive look out your window and see that pile of logs sitting on the port—70 percent ownership of our forestry industry. Our own timber mills cannot get access to the logs because those foreign-owned logs are going offshore to create jobs for other countries and for other companies. So even Fran O'Sullivan that doyenne of neo-liberal economics is now calling today on our Government to have a national strategy around these economically significant companies. Why is that important? Yesterday it was Silver Fern Farms; today it's Westland Milk. What happens if tomorrow they're coming for Alliance Group the world's biggest exporter of sheep meat? What happens if they come for Zespri or heaven forbid if they come for Fonterra? I am calling on Minister Parker to bring forward the second part of the Overseas Investment Act. He acted decisively in the case of housing where we noted that it was not in the national interest to have foreign buyers bidding up houses putting affordability of housing beyond our own people. He has acted decisively before and I know he believes in this stuff. He is in many respects more New Zealand First than New Zealand First and I call upon him to act. If we don't we will be as John Key referenced—pretty holey I might add because he didn't do anything about it—we will turn into peasants in our own land. We must own those value chains. The reason we must do that is because the margins are much greater nearer the consumer end. If we don't own those value chains then we just risk being those price takers at the end of supply chains. As farmers particularly we're vulnerable; we are a collection of small businesses. If we don't have the protection of those significant—particularly those cooperatives that are motivated to return the highest dividend to their farmers then we are incredibly vulnerable. Our biggest industries the ones that pay the bills the ones that pay for the health and the education and the superannuation they are our key industries and we need to make sure we have some control and we are protecting them. It is time for us to act.