Dr. Ray Griffin:

It has the potential to do that. For example, we know that price signalling reduces the risk for people who participate in a market, namely, buyers and sellers. When we had difficulties in our housing market, we made purchase prices transparent.

That means that anybody acting in the housing market has all this wealth of pricing information. If you are tendering for a school and it is not something you commonly do, okay, it is five-year-old data, but you will have a legacy databank. One would assume it would improve the efficiency of the market and how it operates when the public procures things from the private sector. The other element is that everybody would be aware that this list will eventually become public, so it will provide internal discipline within the public sector - not in a very invasive way, but, ultimately, it will all come out.