GREG O'CONNOR (Labour—Ōhāriu): Just before I go into the actual bill, I would just like to take issue with something that the previous speaker, the Hon Michael Woodhouse, said. Yes, we do need overseas investment in New Zealand. But he was saying that it actually frees up capital in New Zealand if an overseas investor buys off a New Zealander. However, I wonder what happens when an overseas investor buys off an overseas investor; an investor in Hong Kong buys off an investor in London. I just wonder where the benefit to New Zealand arises, because that is subsequent to what happens.