SIMON WATTS (National—North Shore): Thank you very much, Madam Speaker. Look, I rise on behalf of the National Party and as the MP for North Shore to take a short call on the Overseas Investment Amendment Bill (No 3), third reading. National supports this bill. There should be a level playing field for all types of overseas investment in New Zealand, regardless of whether this investment is on a farm, commercial enterprise, technology start-up, or in forestry. This bill works to reduce the burden that the Overseas Investment Act imposes on investors and the regulator, and this is a sensible approach. We are pleased that the Government has finally started to recognise the importance of reducing the arduous administrative red tape that is around investment, red tape that is costing our businesses growth and productivity—red tape that reduces New Zealand's attractiveness to investment necessary to support a productive and sustainable economy. 