SpeechALASTAIR SCOTT (National—Wairarapa): Well where do we start? It is so depressing listening to Fletcher Tabuteau for 10 full minutes. There is nothing refreshing. There is no oomphy punchy policy that they espouse or they pretend they think they have. There is nothing to Mr Tabuteau's speech at all that was constructive. I would like to comment firstly on a couple of things that the lone member on the Labour benches Stuart Nash—because he must feel pretty lonely. He is the only one who suggested that Labour has foresight. He talked about foresight but believe me he is on his own. He is on his own. There are no new ideas. There is only ad hoc expensive policy coming from the Labour benches. So unfortunately Mr Nash you are a party of one on the Labour side.Where do we start? Well we have got a whole lot of good news. Unfortunately for the Opposition there is a lot of good news to talk about. It has already been mentioned that there is a greater than 3 percent growth in GDP low unemployment more jobs—more jobs than ever before—and one of the highest labour participation rates on the planet and of course there are more apprentices in the economy than ever before. It is not as Minister Adams said just in the cities; it is in the regions. I can say that in my own electorate of Wairarapa there is building framing going up wherever you might be.There are more consents—in fact in the last 12 months in dollar terms there are more consents than in the last 10 years from the Wairarapa electorate. There are people moving into the Wairarapa electorate from Auckland from Wellington and from the South Island. Why are they moving? Well for a start it is a great place; it is a great climate. But they are moving because it is connected. There is ultra-fast broadband being rolled out into the regions. There is connectivity. There are better roads. The railway system has a new operator. Things are working very well for the Wairarapa electorate.The question is: how are we getting there? How do we get to 3 percent growth? How are we getting these people employed in jobs? Why is it that we are cutting the Labour Party's lunch when we continue to look after those who are most in need? Well I will tell you what it is. It is because we support free-trade agreements for a start—that is one of the things. We are an open small market. We must continue to trade with the world to survive to prosper and to get ahead. So any party that does not support free-trade agreements is working against small businesses. It is working against small operators exporters and the agricultural sector. All these people rely on trading with the rest of the world. So that is the challenge to the Opposition and particularly the Labour members who are there or thereabouts but unfortunately—and I will talk a little bit more—have lost a lot of credibility because they have tied themselves to the Greens. They have tied themselves to the Greens and unfortunately for them that really reduces their mana their credibility to the general electorate.This side of the House is full of new ideas. It does have step-change improvements and I will give you just one. I will just give you one example of where we are eating the Greens' lunch and that is the recently announced freshwater policy. They hate it. They hate it because they know it is a huge improvement on what has been and what was from the previous Labour Government where there were no standards—no standards whatsoever. They did not give a toss about the environment. Nothing was done.In the last 8 years we have had Minister Adams bring in freshwater standards. We have had Minister Smith continue to develop and set the aspirational goal of 90 percent of waterways being swimmable by 2040. We are not talking about the 540 parts per million; we are talking about the median of less than 130 parts of E. coli per million. That is a standard. That is a tough standard but we aspire we are ambitious and we aim to have 90 percent of swimmable waterways by 2040. At the moment that number is about 70 percent so we have got a long way to go. But the Greens just hate it. I will tell you that they also hate the hugely aspirational goals set by Minister Barry to be pest-free by 2050. Again we are eating the Greens' lunch. We are eating the Greens' lunch and they do not like it.There are a whole lot of new ideas coming from this side of the House such as raising the age of superannuitants' entitlement. This is sensible and pragmatic. We are living longer—why would we not raise it? Twenty years is a long time for people to adjust. I am—how old am I now? I am 52 and I never thought when it was discussed in the 1990s that I would ever receive superannuation but I will do. We continue to grow older and live for longer and 67 is a very reasonable and fair age and quite frankly it is just the right thing to do.I would like to talk a little bit more about why I think the Labour Party is losing credibility. There was a lot of discussion today and in the last couple of days around contributions to the Cullen fund the Superannuation Fund and the disingenuous idea from Mr Robertson that we should have could have would have invested in the Cullen fund over the last 8 years. Well I ask that member how much he borrowed to invest in the sharemarket on his own account—on his own personal account. How much did any of the Opposition members borrow to invest on their own account into the sharemarket if it was such a no-brainer thing to do and if it was so obvious that these contributions should be made by borrowing money?And then the second question is: if he did not do any of that over the last 9 years how about today? How about today? How much money has Mr Robertson borrowed today or how much is he planning to borrow for the next 12 months to invest in the New Zealand equity market or the Australian equity market or in fact any equity market on the planet? How much is he willing to borrow and how much is he planning to borrow for the next 12 months—just the next 12 months—on his own personal account because it is apparently such a no-brainer? It is such an easy way to make money—there is a free lunch and that is the way to do it! Well I am sorry Mr Robertson but that is totally disingenuous and that sort of comment is why the Labour Party lacks credibility.The people of New Zealand understand that that is a Harry Hindsight" perfectly 100 percent global—what am I trying to talk about—crystal ball. It is a crystal ball and it is just a wish list. It is just Pixieland. He is a dreamer. It is like saying: "Oh I should've put 10 bob on Donald Trump in 2008. It was so obvious that he was gonna win. I should've put 10 bucks on Donald Trump." Well that is why the Labour Party lacks credibility. The Greens even talked about borrowing to invest in the equity market. The analogy was that lots of people borrow to invest in a house. Well that is a completely different class of asset. It is a completely different leverage amount. What you are doing when you invest in a sharemarket is you are investing into instruments that are already leveraged. Companies already borrow on behalf of their shareholders. So for someone to borrow to invest in something that is already leveraged is just dangerous. It is just ludicrous that a Government would encourage that and borrow to do that.So those two guys—the Greens and Labour; Huey and Dewey—investing and managing on the taxpayer's behalf is just a scary thought and that is why they cannot and should not be on the Treasury benches and they will not be post the September election. As I say the people of New Zealand understand what is right they understand what is fair—and I am talking about superannuation—and they also understand what is a reality. That argument that both those parties have put forward vis-à-vis the Superannuation Fund is a nonsense.This side of the House is working every day for the benefit of all New Zealanders. We set aspirational goals for New Zealanders. We trust New Zealanders with their own money and that is why the Minister of Finance today talked about tax cuts rather than doing other things—because we know that people can do the right thing for themselves for their families and for their communities if they are given a chance. And that is what Kiwis love—just to be given a chance. Thank you.The ASSISTANT SPEAKER (Lindsay Tisch): The next call is a split call. Julie Anne Genter—5 minutes."