Mr. Chair, I think you won't be surprised by the answer.
What I would like to do is to remind the committee of how exceptional this regime is. Yes, the Privacy Commissioner will usually ask for prudence in terms of information-sharing. We see the need for this exceptional regime, given the importance of the harms of money laundering with organized crime and terrorism, but I would guard against—what will not surprise you—over-broadening information-sharing because this is a special regime.
You have the financial transactions of people who have done nothing wrong—they're just doing a financial transaction over a certain financial threshold—and their financial transactions are being collected. This may be okay for the purpose of tackling the harms that the legislation is meant to tackle, but be prudent not to extend this too much.