PAYMENTS SYSTEM BOARD ANNUAL REPORT – 2005

Payments System Board

Chairman: Ian Macfarlane AC

Chairman since 1 July 1998
Governor of Reserve Bank of Australia
Present term expires
17 September 2006

Deputy Chairman: Philip Lowe

Deputy Chairman since
8 March 2004
Assistant Governor (Financial System)
Reserve Bank of Australia

John Laker

Chairman
Australian Prudential Regulation Authority
Member since 24 July 1998

Joe Gersh

Managing Director
Gersh Investment Partners Ltd
Member since 15 July 1998
Present term expires
14 July 2008

Sue McCarthy

Director
Member since 15 July 1998
Present term expires
14 July 2007

John Poynton AM

Executive Chairman
Azure Capital Pty Ltd
Member since 26 May 2000
Present term expires
24 May 2010

John Thom

Chairman
Centre for Money, Banking and Finance
Macquarie University
Member since 15 July 1998
Present term expires
14 July 2006