Strategic Review of Innovation in the Payments System: Issues for Consultation – June 2011 8. Next Steps

This paper has raised a wide range of issues related to innovation in the payments system and set out a number of questions for discussion. The Board now invites input from interested parties on these and other questions considered relevant. Formal written submissions by no later than 31 August are welcome and should be sent to:

Head of Payments Policy Department
Reserve Bank of Australia
GPO Box 3947
Sydney NSW 2001

or by email to pysubmissions@rba.gov.au.

All submissions will be posted on the Reserve Bank's website (www.rba.gov.au). Parties making submissions will be provided with an opportunity to discuss their submission with Reserve Bank staff. The Bank also anticipates hosting targeted forums later in the year to allow interested parties to come together to discuss the issues.

The Board intends to issue its final conclusions to the Strategic Review around the end of 2011 or early 2012.