The bill I'm presenting today will create a regime that governs the conduct of key financial institutions to address the risks and gaps that we have identified through those reviews. The ultimate intention of this new regime is for financial institutions to better serve the interests of consumers, improving trust and confidence in the financial sector. With all of that comes an improvement in consumers' wellbeing—financial wellbeing, first and foremost, in this regime, but that has a knock-on impact, of course. 