Winston Peters

It only represents 15% of the people, but nevertheless...

they are in control for the time being.

Okay.

Well, what has this affected means that all the things we want to upgrade are going to happen.

We have not asked for more than we should yet.

We're based on the fact that this is a business or an industry that's being turned around rapidly.

where it's going to make a greater profit, and then realize that we're in a business here, and the business is dead this year, particularly with the transport difficulties we've got, where they are two and a half times far more fuel efficient than roading.

So, yeah, it's a great thrill, but basically it's just common sense, and it goes all the way back to a guy called Julian...

Julius Vogel way back in the 1870s had realised with a vision what we need to do.

Well, the trouble is, look, I've tried to say it for decades that we've got

Countries like Singapore, countries like Ireland, when Ireland was enormously the Celtic Tiger and successful, they realised if you're going to be in the trading business, get offshore and go as hard as you can and you need...

two and a half times more people than we've got now.

Croatia is a country with two million less than us.

It's got 3.5 million people.

It's got 86 posts.

Here we are after all this time with too many more people, 56 posts, and we are far more distant from our markets than they are.

So it's very difficult to get it through.

Everybody wants to do something into the earth and put the money into it.

Now, the difference between this is offshore expenditure to expand your trading capacity is counterinflationary.

The money's not being spent in your country.