Payments System Review - Issues Paper

This consultation process has now been completed. Submissions available
Consultation Type
Issues Paper

Key Documents

The Prime Minister, the Hon Scott Morrison MP and the Treasurer, the Hon Josh Frydenberg MP announced on 29 September 2020 the JobMaker Digital Business Plan, which included a suite of measures designed to accelerate Australia’s recovery from the economic impacts of the COVID-19 pandemic.

A key element of this package includes reviewing the regulatory architecture of the Australian payments system to ensure it remains fit-for-purpose and is capable of supporting continued innovation for the benefit of consumers, businesses and the broader economy.

On 21 October 2020 the Treasurer announced that Mr Scott Farrell would lead the review and provide a report to the Government by April 2021. This issues paper forms the first step in this review, and stakeholders are invited to consider the questions that are designed to address the issues as set out in the Terms of Reference.


45 submissions were received for this consultation.

Afterpay - pdf 171.03 KB
Brighte Capital Pty Ltd - pdf 134.53 KB
Choice - pdf 223.44 KB
Cuscal - pdf 161.96 KB
Eftpos Australia - pdf 606.9 KB
Finder - pdf 88.42 KB
Fintech Australia - pdf 228.94 KB
Fragias, Mr Christos - pdf 465.44 KB
Hossack, Mr Nick - pdf 190.37 KB
Klarna - pdf 154.29 KB
Lalchandani, Mr Nikesh - pdf 946.57 KB
Legal Aid Queensland - pdf 581.24 KB
Mair, Mr Peter - pdf 540.62 KB
Mastercard - pdf 287.21 KB
Match Group - pdf 410.72 KB
McLean Roche - pdf 1.68 MB
MYOB - pdf 279.53 KB
Paypal - pdf 239.89 KB
Purcell Partners - pdf 285.43 KB
R3 - pdf 148.76 KB
Stripe - pdf 102.4 KB
The Salvation Army - pdf 236 KB
Visa - pdf 345.52 KB
Westpac - pdf 49.02 KB
Wilkins, Mr Richard - pdf 332.69 KB