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.
