I note that during the first round of consultation on this bill, this particular issue which I'm addressing now in relation to the purpose statement and the efficiency objective was something that around half of respondents supported retaining. The reasons for that that have been raised are about the fact that that efficiency inclusion actually leads the banks in the direction of minimising and justifying the regulatory burden that it puts in, and that potentially creates some constraint around its actions, as they relate to the distributional impacts, which have been large in recent months; as they relate to innovation and dynamism in the financial system and the need not to cramp on those too much.