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RESERVE BANK OF AUSTRALIA

Submissions on Strategic Review of Innovation in the Payments System

The Reserve Bank launched the formal consultation phase of its Strategic Review of Innovation in the Payments System on 30 June 2011. The objective of the Review is to identify areas in which innovation in the Australian payments system may be improved through more effective co-operation between stakeholders and regulators. To support the consultation process, the Bank released a paper, ‘Strategic Review of Innovation in the Payments System: Issues for Consultation’, which discusses the desirable attributes of payment systems, trends and developments in the Australian payments system, and potential gaps in the Australian payments system that might need to be filled through innovation over the next five to ten years. The paper also sets out some early views and priorities, and identifies a number of questions for discussion. Comments on these questions and issues were sought from interested parties by 31 August 2011.

Go To

Received by 31 August 2011

Australia and New Zealand Banking Group Limited
PDF 139K
31 August 2011

Australia Merchant Payments Forum
PDF 113K
5 May 2011

Australian Payments Clearing Association
The Innovation Agenda
PDF 562K

Systemic Governance Issues
PDF 346K
31 August 2011

Australia Post
Letter
PDF 132K

Strategic Review of Innovation in the Payments System
PDF 94K
31 August 2011

Australian Services Roundtable
PDF 487K
31 August 2011

Andrew Campbell-Watt
DOC 14K
14 July 2011

CHOICE
(Revised submission)
PDF 239K
31 August 2011

Commonwealth Bank of Australia
PDF 581K
31 August 2011

eftpos Payments Australia Limited
Letter
PDF 408K

Innovation in the Australian Payments System – Perspectives on Governance
(Deloitte Access Economics Pty Ltd)
PDF 602K
31 August 2011

First Data Corporation
PDF 297K
31 August 2011

GE Capital Finance Australasia Pty Ltd
PDF 121K
31 August 2011

Judith W. Grieve
PDF 449K
22 July 2011

Tony Livingstone-Thomas
DOC 28K
15 July 2011

Peter Mair
DOC 197K
25 August 2011

mHITs Limited
PDF 2.2M
31 August 2011

Microsoft Pty Limited
DOC 23K
31 August 2011

National Australia Bank Limited
PDF 97K
31 August 2011

Payment Adviser Pty Ltd
PDF 222K
31 August 2011

PayPal Australia Pty Ltd
PDF 278K
31 August 2011

Project ERNA
PDF 561K
16 August 2011

Point of Pay Pty Ltd
DOC 44K
30 August 2011

Shoes of Prey Pty Ltd
DOC 15K
13 July 2011

Dilip Rao
PDF 810K
31 August 2011

Supriya Singh, Professor
DOC 123K
31 August 2011

SWIFT
PDF 1M
31 August 2011

Tyro Payments Ltd
PDF 71K
31 August 2011

VocaLink Limited
PDF 2M
31 August 2011

Received after 31 August 2011

Abacus – Australian Mutuals Limited
PDF 91K
9 September 2011

Australian Finance Conference
PDF 110K
7 September 2011

Australian Settlements Limited
PDF 4.07M
1 September 2011

Financial Services Council Ltd
PDF 389K
1 September 2011

Indue Ltd
PDF 359K
16 September 2011

MasterCard Worldwide
PDF 175K
19 September 2011

Visa AP (Australia) Pty Ltd
PDF 3.9M
8 September 2011

Westpac Banking Corporation
PDF 104K
5 September 2011