Hon Dr DAVID CLARK: It certainly will assist with competition, Mr Bayly—absolutely. The commission will be able to regulate designated networks through network standards and directions and it enables them to do some very specific things, which I'll just share with the House: require network participants to disclose information, regulate prices they charge for payment services, require participants to allow entrants to access certain critical services or network infrastructure, require network rules to be set, and scrutinise certain changes to network rules. Now, those are quite technical aspects but indeed they do get to making sure we have a competitive market. 