11. Hon Dr NICK SMITH (National) to the Minister of Research, Science and Innovation: Does she stand by the Government's research and development policies; if so, does she agree with PricewaterhouseCoopers' Research and Development National Director that, with the new funding system, businesses would have no choice but to delay projects, in the worst-case scenario cancelling them altogether, "and actually having to get rid of highly-skilled [staff] … It's the complete opposite effect of what was intended"?