Key John: New Zealand Trade and Enterprise Bill — Instruction to CommitteeCWH In Committee 
Key John: New Zealand Trade and Enterprise Bill — Instruction to CommitteeCWH In Committee 
[Volume:609;Page:6268] 
JOHN KEY (NZ National—Helensville) 
: 
 I rise on behalf of the National Party to support this legislation. It is a little bit like the singer formerly known as Prince but now known as a symbol. This bill is now the industry bill but was formerly known as the Industry New Zealand and Trade New Zealand Integration Bill. 
I want to talk for a second about why we support this legislation and this title. It is because National supports business-friendly legislation. So National does support saving some costs and there has been quite a blowout in costs. 
But why one may ask is this title such a bland title? The title “New Zealand Trade and Enterprise Act” is a very bland title indeed. We on this side of the House have put forward some amendments. There have been some ideas from my colleague the Hon Tony Ryall about the name being the “Investment New Zealand Act”. There have been some suggestions from the senior whip about the title being the “Jim Anderton Self-promotion Act”. But we see here the very bland title New Zealand Trade and Enterprise Act". 
Why is the title such a bland title? I will inform members of the Committee why the title is so bland. When Jim Anderton established Industry New Zealand he promised up and down this fine land that he would in fact be giving a great many grants out to a great many people and that it would be a triumph for the “jobs machine”. That is what he promised. Is that what Industry New Zealand has actually delivered? I say "No". It has delivered— 
Hon Jim Anderton 
: Ha ha! 
JOHN KEY 
: The Minister in the chair laughs. It has a delivered a few jobs—at what cost? It has an operating budget of $45.8 million! One can provide a lot of jobs for $45.8 million. So that bit is out of the title; that keeps it nice and bland. 
The second reason the title is nice and bland is that the Minister is embarrassed by the very people who he said would create jobs. He went up and down the land and said: “Don’t worry; we’ll be rolling into town with a chequebook. We’ll be rolling into town buying a few votes and writing out cheques for a few jobs.” He said that people should not worry because Industry New Zealand— 
Hon Tony Ryall 
: Remember that they were going to be the party of small business? 
JOHN KEY 
: Yes it was going to be the party of small business developing businesses up and down the land. He said: “Industry New Zealand—that’s the name. Put it on your fridge using your fridge magnets. Write it on the back of your notepad. Keep it close. Keep it in your thoughts wherever you go.” That is what he said. He said that "Industry New Zealand" would be the title. He said it would be the thing to remember. Do I see the words “Industry New Zealand” in this title? No. Why? Because the Minister knows he cannot deliver and the Minister is embarrassed. 
I want to raise my own amendment my own suggestion which I think would make a great deal more sense than this very bland title “New Zealand Trade and Enterprise Act.” The Minister may take on board this suggestion; it is a very serious suggestion. In my former commercial life I had the opportunity to be on the board of a multinational that had an operation in Ireland and we worked very closely with the Irish Development Authority. The word “development” cuts to the heart of the very reason that National supports this legislation. Developing New Zealand whether it is through investment the creation of more entrepreneurial ideas or the support of entrepreneurs is what this bill is all about. That is how we will have growth in productivity in New Zealand. That is how we will deliver jobs to young people who are currently leaving and going to Australia. Development is how we will do it. 
It will not be done by writing a cheque for a couple of failed losers that the Government could not pick—well it can pick the losers actually. I could name a few. [ 
Interruption 
] I was saving this up for a later debate but if the senior Government whip wants me to read them out I am happy to point out that a helluva lot of people who get a grant do not take up the second tranche because they have gone broke. 
The CHAIRPERSON (Ann Hartley) 
: John Carter—sorry David Parker. 
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