SIMON COURT (ACT): Thank you, Madam Speaker. The ACT Party supports the development of Māori land, and we understand how complex it is when there are so many complex ownership arrangements. We also support the development of housing on Māori land and to modernise the rating legislation which affects Māori land in collective ownership, but this bill lacks ambition to solve the underlying problems. It is an inefficient way to regulate the issue that it's trying to solve and it will come at significant cost to local authorities. The reason that the ACT Party believes this bill lacks ambition is because it hasn't accurately and correctly defined the problem that needs to be solved and it hasn't addressed the underlying complex relationships between multiple landowners and their competing objectives, which is the main reason why this land has not been developed and has not become productive and is not returning any benefits to its owners.