Our system is not an untransparent system, but there is scope for some serious improvement, because, as other witnesses have already indicated to you, there is a certain lack of predictability. Any time you have an act that gives a minister a significant amount of discretion, it means investors then have to work around that particular set of issues, and you're going to have investors asking if this is the place to do it or if they want to do it elsewhere.
I don't take a lot away from statistics that talk about our share of investment. I don't know what our share of investment is. The important issue is not whether we're getting some kind of a fair share, but whether we are an open economy that welcomes investment and that looks forward to working with investors, just as we want other countries where we invest to be open and transparent and predictable.
We have some room to increase that predictability and that welcome.