The Treasury promotes competitive, efficient markets that work for the good of consumers and investors, a secure financial system and sound corporate practices, and foreign investment consistent with Australia's national interests. This includes regulatory reforms to improve the resilience of the financial system, innovation and consumer outcomes and participation in regional and international forums, such as G20 summits.
The Government proposes changes to the Payments Systems (Regulation) Act 1998 (PSRA) to ensure regulators and Government can address new risks related to payments as the provision of payments evolves…
The Government is consulting on a list of payment functions that is intended to underpin a new licensing framework for payment service providers. The new framework is intended to ensure consistent…
The government has released for consultation an exposure draft bill and explanatory memorandum to deliver the government’s election commitment to better recognise experienced financial advisers. The…