Hon Dr DAVID CLARK (Minister of Commerce and Consumer Affairs): Good news: on behalf of the Government, I'll be introducing a bill which will crack down on global and domestic criminals who use businesses to hide money-laundering for tax evasion and the financing of terrorism. The changes we have committed to making will make it easier to see who owns or controls a company—that is, who the beneficial owners are. This is about striking the right balance. We want to ensure we don't leave the door open for criminals to take advantage, whilst at the same time we want to preserve our well-earned reputation for ease of doing business.