As mentioned, good employers have nothing to fear from fair pay agreements; in fact, quite the opposite. Great employers should welcome the ability to benchmark their practices against industry best practice. In fact, what the good and the great employers will do and, as mentioned, I acknowledge the vast majority of New Zealand employers—certainly every single employer that I have met—is a good employer who wants what is right for his or her workers and his or her company, and, in fact, the country. But what it will stop is, in fact, that race to the bottom that Minister Wood spoke about. It will stop the cowboys coming in and creating an environment which is uncompetitive and untenable to the vast majority who live in our communities. 