Ms Karen O'Leary:

This responds, in part, to the Chairman's point about information on why premiums have increased, if the industry is the only player that can argue that increases are down to claims, with nothing to dispute that in the public domain, although not within the industry. That will not solve the issue and there is no external validation of whether those claims are accurate. That is the gap. I appreciate the information about the internal element of the industry, which could be a potential breach in competition law. We could examine that. There is also the issue of public information where the industry states one thing but everybody else wonders if that is actually the case. We will not know until the claims data that is hidden from the market is revealed. It is not Injuries Board or courts data but public with a capital "P". I do not know if legislation is required to mandate that, although I suspect it is. I suspect the Department of Finance working group or this committee may recommend that. From a competition law perspective, they are two different elements. That is why enforcement powers are focused on one area and advocacy powers calling for public data are in a different space for a different type.