Submissions on Review of the Regulatory Framework for the eftpos System: Consultation on Designation

In September 2011, the Reserve Bank of Australia announced that it would undertake a review of the regulatory framework for the eftpos payment system in light of developments in that system over recent years. The first public phase of that review was launched on 9 March 2012 with the release of the Reserve Bank's consultation on the possible form of a new designation for the eftpos system. A new designation needs to be considered given that recent developments – most notably, the establishment of eftpos Payments Australia Limited (ePAL) – have resulted in the existing designation no longer reflecting the current structure of the eftpos system. It is anticipated that a consultation on other elements of the regulatory framework for the eftpos system will follow later in the year.

Received by 20 April 2012

Australian Settlements Limited 34KB

18 April 2012

Commonwealth Bank of Australia 84KB

17 April 2012

Cuscal Limited 31KB

20 April 2012

eftpos Payments Australia Limited 848KB

20 April 2012

Incentive House 128KB

19 April 2012

Indue Ltd 79KB

13 April 2012

National Australia Bank Limited 81KB

20 April 2012

National Billing Group Pty Ltd 154KB

20 April 2012

Peter Mair 50KB

2 April 2012

Tyro Payments Ltd 69KB

20 April 2012

Westpac Banking Corporation 92KB

18 April 2012

Received after 20 April 2012

Coles Group Limited 46KB

23 April 2012