Simmonds PennyPENNY SIMMONDS (National—Invercargill): Madam Chair what a wonderful choice. Thank you so much for recognising the need for gender diversity in this debate.My question for Minister Robertson relates to the amendment that was put forward by Mr Andrew Bayly. The Minister quite rightly pointed out that the universities listed there in fact don't have their end of financial year date in June but in fact on 31 December. I can see how this may be going to cause an issue for the Minister so I am concerned when I know that the Southern Institute of Technology (SIT) in our audits—the pre-audit of the audit started in December. And so if this amendment takes place then the audits that are being delayed by two months are actually going to flow across into the pre-audits of 31 December. So my concern really is that in six months' time he'll be bringing this to us again and wanting things pushed out again. Of course it's a real concern not only for Auckland University of Technology Lincoln University Massey University University of Auckland University of Canterbury University of Otago University of Waikato Victoria University of Wellington but it's also of absolute concern for this dreadful shambles of Te Pūkenga that Minister Hipkins has created pulling all the institutes of technology and polytechnics together and all of those subsidiary companies within there and the huge amounts of money. Remember this is going to be one of the largest educational institutions in the world not just in New Zealand but in the world. So we need to be very sure that in a timely manner we will be seeing that for example millions of dollars don't get taken out of SIT and used across some of the other polytechnics. So it's incredibly important that those time lines don't slip for those tertiary institutions. They have to report not only their financial report obviously but also the EPIs their educational performance indicators. Now it's really important that those come out early enough because we have wash-ups of their Student Achievement Component funding that occur in April and you have to have the EPIs available. So any delay in those annual reports might well delay the funding through into the following year. So I'm really interested to know whether the Minister sees that perhaps that amendment tabled by Andrew Bayly actually probably needs to be amended for any institutions like the universities and Te Pūkenga and the polytechnics who will have their end of financial year 31 December and being impacted on because of the delay. Whether we in fact need to put an amendment in that accounts for those that have their financial year ending 31 December to ensure that we don't see another delay of two months for those entities given how important it is for their future funding or for the following years' funding of the universities and of all the Te Pūkenga subsidiaries. That includes NorthTec Unitec Manukau Institute of Technology Toi Ohomai Eastern Institute of Technology University College of Learning Western Institute of Technology at Taranaki WelTec Whitireia Nelson Marlborough Institute of Technology Ara Institute of Canterbury Otago Polytechnic Open Polytechnic and of course—very importantly with their millions of dollars sitting in reserves—the Southern Institute of Technology. So my question to the Minister is: do we really need to be putting in a further amendment that ensures that those entities the universities Te Pūkenga and the subsidiary companies be excluded because of the importance of the public knowing how that shambles of Te Pūkenga is getting on but also because of the possible impact of funding for those institutions for the 2022 year given the length of time it would push out the EPI reporting?Hon Member: You wouldn't have run SIT like this Penny.PENNY SIMMONDS: Wouldn't have run SIT like this and I know the tertiary entities will be ready and they will have all their—[Time expired]