CHRIS BAILLIE (ACT): Thank you, Mr Speaker. It's my pleasure to rise on behalf of ACT to speak to the Te Kāhui o Matariki Public Holiday Bill. The purpose of this bill is to establish an annual public holiday to acknowledge Matariki. ACT opposes this bill, but certainly not because Matariki doesn't deserve its own special day, but now that the true cost of creating a 12th public holiday is clear, $450 million, ACT believes the Government needs to identify a holiday to be removed from the calendar in its place.