Williams ArenaARENA WILLIAMS (Labour—Manurewa): Thank you Mr Chair. I will begin this call but welcome your guidance if this is the wrong place to debate this. The Minister has sought to debate my amendment to clause 1 in this part where he began his contribution in answer to my colleagues' questions by speaking about my amendment to clause 1 which is to delete the Taxation Principles Reporting Act Repeal Act 2023" and replace it with the "Taxation Principles Reporting Act Repeal and No Reporting on New Zealand's Taxation Settings Act 2023." This is a good amendment Mr Chair. However if I was to give a call on that now I would be in the wrong part but I'm seeking to debate with the Minister what he has raised in the chair and I hope my colleagues will support the questions that he has asked me.I'm taking the call on clause 1 which the Minister spoke to. The reason for my proposal to amend the name of the Taxation Principles Reporting Act Repeal Act 2023 is that it doesn't include the reference to what the repeal of this would actually do. The actual effect of this bill right now is that there is a piece of work which the IRD has conducted at the expense of the New Zealand taxpayer into the distribution of wealth within New Zealand particularly for high net-wealth individuals and they would be expected to make an interim report to the Minister very shortly and then a full report in the 2025 calendar year. That work is largely done. The effect of this bill that the Minister has proposed would be to keep all of that work and put it in a box and boot it out the window.So I want to make that clear in the wording of the name of this bill which the Minister has sought to debate with me in this part—and the reason why we need to change the name of the bill is because we need to be really clear about the wastage that this Minister is proposing about the public work that has gone on for the benefit of the New Zealand people that is already done that will be put in a drawer filed away and never used again should this bill progress. I don't want that to happen. On this side of the House we don't think that is a good use of taxpayers' money and we think that the Minister should release the report today so that we can debate it within this committee stage.However if he does not then it must be the case that this committee should change the name of this bill and make sure that the New Zealand public are just clear that that's the Minister's preference—that he would keep from the New Zealand public the work that has already gone on by the hard-working people at IRD and we would never know what they were going to tell the Minister and that this bill is progressing in urgency. The reason for its urgency is because he doesn't want to know. He's days away from receiving the interim report and he wants to make sure that the empowering legislation that he's probably already got on his desk—he doesn't want to read that over summer. He doesn't want to be sitting in his office reading that over summer. He doesn't want to know how his taxation policies that he must defend as the Minister of Revenue in his party—he doesn't want to know how that will affect the low-income workers of New Zealand but as well the hard-working homeowners who he represents in his electorate of the North Shore; he doesn't want to know. So he'd better change the legislation so he doesn't get that work.That is why the name of the bill must change or the Minister should take a call and explain that he will be tabling that report very shortly."