Bennett DavidHon DAVID BENNETT (National): Thank you Mr Speaker. That last speaker Naisi Chen said that she wanted to bring competition to the market and at the same time she's saying that we're too small a market and the Government has to dictate what the price is. So how does that work? How do you bring competition to the market if you as the Government dictate the price?Hon Member: That's not what it says.Hon DAVID BENNETT: Well that's not how it works. That's what they're saying. Those were her exact words. Her last sentence was We need competition in the market." Yet at the same time they're passing a bill in which they dictate the price. So how does that work? How does it work?Now the Commerce Commission is one of the evils that we see in this country. The Commerce Commission has got everything wrong it's ever done in the last 20 years. There has been no decision that that Commerce Commission has made that has been right. They will go and get huge budgets from the Government; they go off and do these silly tricks where they go down and look at things. They never actually come up with anything sensible and the only times they do something is when they try and block business getting ahead in New Zealand. That is the history of the Commerce Commission in New Zealand. We should not be trusting them with this.The Commerce Commission need a good shake up. They need it and they haven't had it for 20 or 30 years and they definitely need it. I don't believe we should be empowering them any more than they are empowered now. They are a body that has not been shown to have any economic sense in the last 20 or 30 years. They have stopped many mergers and acquisitions that actually would have been good for New Zealand. They have actually stopped a lot of things that have been in the best interest of this country.When we need them to actually act on something they don't do it. They walk away; they write a report and say "This is too hard." That's the Commerce Commission in New Zealand. And bless their socks. You know I don't even know who's in there now but they need a bullet and they need to be sorted out and they need to be put into their place because the Commerce Commission has had a really bad history in New Zealand. I believe that this legislation is another attempt to do what is happening in this area.Hon Kieran McAnulty: Your face says it all Penk.Hon DAVID BENNETT: Well you can talk about that Minister over there that's just signed off the racing legislation hasn't he? Yeah. It was metaphorical too and I apologise if anyone takes it the wrong way. But that member has signed off the racing legislation in the last week. We haven't had an explanation we haven't seen that come to the—DEPUTY SPEAKER: Well let's have an explanation of the bill then shall we Mr Bennett?Hon DAVID BENNETT: This is a bill where the Government will have total control effectively in setting the price. If it wants to have competition it doesn't have total control on setting the price. It should enable competition to actually happen and that's one of the things that isn't in this bill.So if the Minister promoting it and the members of Parliament on the other side want to push it forward then they should actually do something about enabling competition in this bill. I'm sorry if I went too far in my comments earlier but the reality is the Commerce Commission is not the body to do this. But at the same time Government regulation like this is not the right approach either. So the National Party does not support this bill."