Coffey TamatiTAMATI COFFEY (Labour—Waiariki): Thank you Madam Assistant Speaker. This is the third reading obviously so now we just get to reflect on the wholeness of the Commerce Amendment Bill. There are lots of clauses in there. I think as many of the previous speakers have alluded to the big conversation is around market studies. I have a lot of faith that actually through these market studies through the Commerce Commission by us actually delegating that power to the Commerce Commission to be able to do their market studies we'll actually be able to get a few answers. These are answers to questions that New Zealanders are asking us out on the street.The Opposition throughout question time was for the whole time talking about these questions that real New Zealanders are asking—things like petrol prices. As I've travelled around my electorate I've been very interested to see just the range when it comes to petrol prices: everything from $2.10 at my local gas station which is quite fortunate as I understand to somewhere up in the late $2.40—something like that. It makes a big difference of course if you are not on a healthy income. If you are just struggling to make ends meet then actually we as a Government need to make sure that we're doing everything possible to be able to use the levers of Government to be able to make life better for our people for the people that we represent out there in the community.So getting the Commerce Commission to be able to undertake these market studies in the public interest is a great thing. Some people may be uncertain about the term public interest" and whether or not it's a wee bit vague and whether or not we need a better definition of it. To that I would respond that actually there are plenty of examples in law at the moment where we talk about things like the public interest of New Zealand and I point to the Official Information Act which is one of those levers of Parliament where we think that if something is in the public interest then actually that information needs to be divulged. Similarly in these market studies we are all quite certain that somewhere along the line petrol prices are going to be in that line for a market study.I heard what my colleague was saying earlier in terms of supermarkets—I hear that. I heard the member opposite Lawrence Yule talk about the "apparent duopoly" in supermarkets. It's not really apparent; it's very real. In fact I would be looking forward to seeing how a market study might be able to dig a little bit deeper to be able to ask the questions that I guess regular New Zealanders would like to know about when it comes to how their supermarkets operate and obviously the bottom lines really.This is a fixed amount of money as well. Some people had some concerns I know about how many market studies might be able to be performed in a set year. At the end of the day the Minister has indicated that the actual funding appropriation is $1.5 million per annum. That the Commerce Commission estimates would enable them to undertake one medium-sized market study per year. So you can be thankful that we're not going to be inundated with market studies about anything and everything and that actually the budget will dictate just how many market studies we do. Hopefully that will be able to deliver those benefits back to New Zealanders whether or not we're talking about petrol prices whether or not we're talking about supermarkets or even if we're talking about airports. Airports make quite a prominent feature in this regulation as well.It has been talked through quite considerably even in the House tonight so I won't go too far into that suffice to say that this is a piece of legislation that we obviously as the Government are supporting. It sounds like the Opposition is supporting it too. This is in the interests of the people. This is in the public interest of New Zealanders so that we can actually dig down into whether or not the competition that's occurring is fair and whether or not we're delivering the best outcomes that we can to New Zealanders. So with that said I absolutely commend this bill to the House."