The Government is seeking input into the Strategic Plan for the Payments System. Feedback received on this consultation paper will inform the Government’s inaugural Strategic Plan for the Payments System.
The Strategic Plan is an important initiative for the Government to provide industry and regulators with clarity about its policy priorities, with a view to supporting the resilience of payments system, strengthening the powers of regulators to adapt to new payments methods and promoting the transition to more modern payments infrastructure.
The release of this consultation paper is an important step in the Government taking an enhanced leadership role of the payments system, with a view to ensuring that the Australian economy continues to be supported by a modern and resilient payments system.
The Government is seeking views on key questions set out in this paper, including principles to support a world-class payments system, priorities that reflect the evolving payments landscape, and supporting reform initiatives and actions.
You can submit responses to this consultation up until 06 February 2023. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How To Respond
Address written submissions to:
Financial System Division
Parkes ACT 2600