1
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the last year or so... Order! Nice
try.

2
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the last year or so... Order! Nice
try.

3
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the last year or so... Order! Nice
try. Any

4
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the last year or so... Order! Nice

5
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the last year or so... Order! Nice

6
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My

7
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My question is to

8
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My question is to

9
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My question is to the Minister of

10
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My question is to the Minister of

11
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My question is to the Minister of

12
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My question is to the Minister of

13
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needs has he been made aware of
ahead

14
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needs has he been made aware of

15
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needs has he been made aware of

16
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In

17
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have been made aware of the scale of
capital

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have been made aware of the scale of
capital

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have been made aware of the scale of
capital investment needs we have

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have been made aware of the scale of
capital investment needs we have

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capital investment needs we have
inherited. The Treasury

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capital investment needs we have
inherited. The Treasury

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capital investment needs we have
inherited. The Treasury reports

24
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inherited. The Treasury reports that
are DHBs

25
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inherited. The Treasury reports that
are DHBs

26
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inherited. The Treasury reports that
are DHBs will

27
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inherited. The Treasury reports that

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inherited. The Treasury reports that

29
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worth of Crown investment over the
next

30
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worth of Crown investment over the
next

31
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worth of Crown investment over the
next 10 years.

32
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worth of Crown investment over the
next 10 years.

33
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worth of Crown investment over the
next 10 years. We've

34
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next 10 years. We've also inherited
issues

35
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next 10 years. We've also inherited
issues

36
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next 10 years. We've also inherited
issues in the education

37
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next 10 years. We've also inherited
issues in the education

38
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issues in the education portfolio,
where

39
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issues in the education portfolio,
where

40
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issues in the education portfolio,
where a further

41
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issues in the education portfolio,
where a further

42
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issues in the education portfolio,

43
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issues in the education portfolio,

44
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needed over the next four years to
pay

45
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needed over the next four years to
pay for school

46
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needed over the next four years to
pay for school

47
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pay for school role growth. We have
had

48
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pay for school role growth. We have
had

49
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pay for school role growth. We have
had to make up

50
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pay for school role growth. We have
had to make up

51
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pay for school role growth. We have
had to make up for

52
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pay for school role growth. We have

53
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shortfall in the Auckland transport
alignment

54
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shortfall in the Auckland transport
alignment project. Fortunately,

55
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shortfall in the Auckland transport
alignment project. Fortunately,

56
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shortfall in the Auckland transport
alignment project. Fortunately, as

57
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shortfall in the Auckland transport
alignment project. Fortunately, as I

58
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alignment project. Fortunately, as I
announced in a

59
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alignment project. Fortunately, as I
announced in a speech

60
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announced in a speech this morning,
the

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announced in a speech this morning,
the

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announced in a speech this morning,
the Government's net

63
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announced in a speech this morning,
the Government's net

64
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announced in a speech this morning,
the Government's net capital

65
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the Government's net capital
spending will

66
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the Government's net capital
spending will

67
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the Government's net capital

68
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the Government's net capital

69
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forecast by the previous Government
before

70
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forecast by the previous Government
before the election. We

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forecast by the previous Government
before the election. We

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before the election. We are
committed

73
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before the election. We are
committed

74
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before the election. We are
committed to

75
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before the election. We are
committed to fixing the foundations

76
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before the election. We are
committed to fixing the foundations

77
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committed to fixing the foundations
of our communities,

78
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committed to fixing the foundations
of our communities,

79
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committed to fixing the foundations
of our communities, country and

80
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committed to fixing the foundations
of our communities, country and

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economy. That's right!

82
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What is has the Government done so
far

83
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What is has the Government done so
far to

84
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What is has the Government done so
far to address

85
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What is has the Government done so
far to address capital

86
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What is has the Government done so
far to address capital

87
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far to address capital investment

88
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far to address capital investment

89
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far to address capital investment

90
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far to address capital investment

91
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significant difference with our

92
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significant difference with our

93
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significant difference with our

94
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significant difference with our

95
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significant difference with our

96
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significant difference with our

97
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significant difference with our

98
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mini Budget we allocated major
capital

99
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capital investments that will make a

100
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capital investments that will make a
mini

101
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capital investments that will make a

102
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capital investments that will make a

103
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billion for our KiwiBuild project,
and

104
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billion for our KiwiBuild project,
and we

105
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billion for our KiwiBuild project,
and we

106
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billion for our KiwiBuild project,
and we have also

107
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billion for our KiwiBuild project,
and we have also

108
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and we have also restarted
contributions to

109
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and we have also restarted
contributions to

110
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and we have also restarted
contributions to the New Zealand

111
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and we have also restarted
contributions to the New Zealand

112
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contributions to the New Zealand
super

113
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contributions to the New Zealand
super fund after nine

114
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contributions to the New Zealand
super fund after nine

115
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contributions to the New Zealand
super fund after nine years

116
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super fund after nine years of no
Government contributions.

117
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super fund after nine years of no
Government contributions. This

118
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Government contributions. This is
crucial

119
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Government contributions. This is
crucial

120
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Government contributions. This is
crucial for us

121
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Government contributions. This is
crucial for us to

122
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crucial for us to safeguard
superannuation

123
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crucial for us to safeguard
superannuation for

124
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superannuation for future
generations. How

125
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superannuation for future
generations. How

126
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superannuation for future
generations. How is the

127
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superannuation for future
generations. How is the

128
00:01:45,500 --> 00:01:46,000
generations. How is the Government
funding

129
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generations. How is the Government
funding

130
00:01:46,500 --> 00:01:47,000
generations. How is the Government

131
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taken a number of actions to ensure
that

132
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taken a number of actions to ensure
that we can

133
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taken a number of actions to ensure
that we can

134
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taken a number of actions to ensure
that we can afford all

135
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taken a number of actions to ensure
that we can afford all

136
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that we can afford all of our

137
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that we can afford all of our

138
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that we can afford all of our

139
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Firstly, we reversed the previous
Government's

140
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Firstly, we reversed the previous
Government's poorly

141
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Firstly, we reversed the previous
Government's poorly

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Government's poorly targeted tax
cuts

143
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Government's poorly targeted tax
cuts

144
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Government's poorly targeted tax
cuts which would

145
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Government's poorly targeted tax
cuts which would

146
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cuts which would have
disproportionately benefited the

147
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cuts which would have
disproportionately benefited the

148
00:02:00,500 --> 00:02:01,000
disproportionately benefited the
wealthiest. We're

149
00:02:01,000 --> 00:02:02,000
disproportionately benefited the
wealthiest. We're

150
00:02:02,000 --> 00:02:02,500
disproportionately benefited the
wealthiest. We're also

151
00:02:02,500 --> 00:02:03,000
disproportionately benefited the
wealthiest. We're also taking a

152
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disproportionately benefited the
wealthiest. We're also taking a

153
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wealthiest. We're also taking a more
responsible

154
00:02:04,000 --> 00:02:04,500
wealthiest. We're also taking a more
responsible

155
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wealthiest. We're also taking a more
responsible debt repayment track,

156
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wealthiest. We're also taking a more
responsible debt repayment track,

157
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responsible debt repayment track,
giving ourselves head

158
00:02:06,000 --> 00:02:06,500
responsible debt repayment track,
giving ourselves head room

159
00:02:06,500 --> 00:02:07,000
responsible debt repayment track,
giving ourselves head room to

160
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responsible debt repayment track,
giving ourselves head room to

161
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responsible debt repayment track,
giving ourselves head room to make

162
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giving ourselves head room to make
these essential investments. And

163
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giving ourselves head room to make
these essential investments. And

164
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these essential investments. And we
have been

165
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these essential investments. And we
have been

166
00:02:10,500 --> 00:02:11,000
these essential investments. And we
have been able to

167
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these essential investments. And we
have been able to

168
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have been able to reprioritise
around

169
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have been able to reprioritise
have

170
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have been able to reprioritise

171
00:02:13,000 --> 00:02:13,500
have been able to reprioritise

172
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the next four years, by repurposing
spending

173
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the next four years, by repurposing
spending that does not

174
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the next four years, by repurposing
spending that does not

175
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the next four years, by repurposing
spending that does not fit with our

176
00:02:17,000 --> 00:02:17,500
the next four years, by repurposing
spending that does not fit with our

177
00:02:17,500 --> 00:02:18,000
spending that does not fit with our
Government's plans or

178
00:02:18,000 --> 00:02:18,500
spending that does not fit with our
Government's plans or

179
00:02:18,500 --> 00:02:19,000
spending that does not fit with our
Government's plans or does not

180
00:02:19,000 --> 00:02:19,500
spending that does not fit with our
Government's plans or does not

181
00:02:19,500 --> 00:02:20,000
Government's plans or does not
represent value for money.

182
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Government's plans or does not
represent value for money.

183
00:02:21,000 --> 00:02:21,500
Government's plans or does not
represent value for money. We've

184
00:02:21,500 --> 00:02:22,000
represent value for money. We've
also a growing

185
00:02:22,000 --> 00:02:22,500
represent value for money. We've
also a growing

186
00:02:22,500 --> 00:02:23,000
represent value for money. We've
also a growing economy that is

187
00:02:23,000 --> 00:02:23,500
represent value for money. We've
also a growing economy that is

188
00:02:23,500 --> 00:02:24,000
also a growing economy that is
contributing to our resources.

189
00:02:24,000 --> 00:02:25,000
also a growing economy that is
contributing to our resources.

190
00:02:25,000 --> 00:02:25,500
also a growing economy that is
contributing to our resources. These

191
00:02:25,500 --> 00:02:26,000
contributing to our resources. These
actions have allowed us

192
00:02:26,000 --> 00:02:27,000
contributing to our resources. These
actions have allowed us

193
00:02:27,000 --> 00:02:27,500
contributing to our resources. These
actions have allowed us to

194
00:02:27,500 --> 00:02:28,000
contributing to our resources. These
actions have allowed us to free up

195
00:02:28,000 --> 00:02:28,500
contributing to our resources. These
actions have allowed us to free up

196
00:02:28,500 --> 00:02:29,000
actions have allowed us to free up
resources so

197
00:02:29,000 --> 00:02:29,500
actions have allowed us to free up
resources so we

198
00:02:29,500 --> 00:02:30,000
actions have allowed us to free up
resources so we can

199
00:02:30,000 --> 00:02:30,500
actions have allowed us to free up
resources so we can

200
00:02:30,500 --> 00:02:31,000
actions have allowed us to free up
resources so we can correct the

201
00:02:31,000 --> 00:02:31,500
actions have allowed us to free up
resources so we can correct the

202
00:02:31,500 --> 00:02:32,000
resources so we can correct the
social and infrastructure deficits

203
00:02:32,000 --> 00:02:32,500
resources so we can correct the
social and infrastructure deficits

204
00:02:32,500 --> 00:02:33,000
social and infrastructure deficits
we have inherited. You

205
00:02:33,000 --> 00:02:34,000
social and infrastructure deficits
we have inherited. You

206
00:02:34,000 --> 00:02:34,500
social and infrastructure deficits
we have inherited. You will

207
00:02:34,500 --> 00:02:35,000
we have inherited. You will see this
reflected

208
00:02:35,000 --> 00:02:35,500
we have inherited. You will see this
reflected in

209
00:02:35,500 --> 00:02:36,000
we have inherited. You will see this
reflected in the Budget when

210
00:02:36,000 --> 00:02:36,500
we have inherited. You will see this
reflected in the Budget when it

211
00:02:36,500 --> 00:02:37,000
we have inherited. You will see this
reflected in the Budget when it is

212
00:02:37,000 --> 00:02:37,500
we have inherited. You will see this
reflected in the Budget when it is

213
00:02:37,500 --> 00:02:38,000
reflected in the Budget when it is
announced a week

214
00:02:38,000 --> 00:02:38,500
reflected in the Budget when it is
announced a week today.

215
00:02:38,500 --> 00:02:39,000
announced a week today.

216
00:02:39,000 --> 00:02:40,000
announced a week today.

217
00:02:42,000 --> 00:02:42,500
My

218
00:02:42,500 --> 00:02:43,000
My question

219
00:02:43,000 --> 00:02:43,500
My question

220
00:02:43,500 --> 00:02:44,000
My question is to the

221
00:02:44,000 --> 00:02:44,500
My question is to the

222
00:02:44,500 --> 00:02:45,000
My question is to the Minister of

223
00:02:45,000 --> 00:02:45,500
My question is to the Minister of

224
00:02:45,500 --> 00:02:46,000
My question is to the Minister of

225
00:02:46,000 --> 00:02:46,500
My question is to the Minister of

226
00:02:48,000 --> 00:02:48,500
Prime Minister when she said this
week

227
00:02:48,500 --> 00:02:49,000
Prime Minister when she said this
week that the Government's

228
00:02:49,000 --> 00:02:49,500
Prime Minister when she said this
week that the Government's

229
00:02:49,500 --> 00:02:50,000
week that the Government's current
immigration policy is

230
00:02:50,000 --> 00:02:50,500
week that the Government's current
immigration policy is

231
00:02:57,000 --> 00:02:57,500
Thank

232
00:02:57,500 --> 00:02:58,000
Thank you.

233
00:02:58,000 --> 00:02:58,500
Thank you.

234
00:02:58,500 --> 00:03:00,000
Thank you. Yes. And

235
00:03:00,000 --> 00:03:00,500
Thank you. Yes. And

236
00:03:00,500 --> 00:03:01,000
Thank you. Yes. And by way of
example

237
00:03:01,000 --> 00:03:01,500
Thank you. Yes. And by way of
example

238
00:03:01,500 --> 00:03:02,000
Thank you. Yes. And by way of
example for the

239
00:03:02,000 --> 00:03:02,500
Thank you. Yes. And by way of
example for the member,

240
00:03:02,500 --> 00:03:03,000
Thank you. Yes. And by way of
example for the member, I will

241
00:03:03,000 --> 00:03:03,500
Thank you. Yes. And by way of
example for the member, I will