It is important that each Government has some flexibility on how it articulates what it thinks about wellbeing and adapts their approach over time. We will be required to take into account a broad lens of the selection of wellbeing objectives, taking into consideration social, environmental, economic, and cultural factors. Treasury will be responsible for preparing their wellbeing report, including—and I thank the committee for their suggestions—a set of indicators that will be used using their best professional judgment. The first report on this will be due in 2022 and then every four years from that. It will complement a range of current reporting tools, including the investment statement and the statement on the long-term fiscal position, which are also required, at least every four years.