This bill addresses an almost intentional policy failure made by the previous Government, which is somewhat overdue given the issues, especially the unintended consequences—as my learned colleague Tim van de Molen stated in his previous call—which have been raised for some years now. The main objective of this bill is to better manage investments from overseas that have to this point resulted in the conversion of land to forestry to ensure there is from now on a genuine benefit to New Zealand. It is a somewhat subjective concept, but given what has unravelled over time, it is clear that the outcomes of the existing law need to be improved. In many ways, this illustrates that Government intervention by its nature, regardless of the intent, is almost always prone to unintended consequences.