Hon MICHAEL WOOD: Yes, I'd broadly agree with the assessment that greater pay transparency does assist with pay equity, but I note that it's not all that simple. There are countries that do have pay transparency arrangements where the gender pay gap is, in fact, wider than New Zealand's is at the moment. One of the things that appears to be important from the research that I have seen on this matter is how a pay transparency regime is designed, and there are important questions to consider such as whether reporting and transparency is sufficient or whether there should be additional measures within the system to drive outcomes. Those are the sorts of questions that we'll be considering in light of the select committee's report. 