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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Strategic Review of Innovation in the Payments System: Results of the Reserve Bank of Australia’s 2010 Consumer Payments Use Study - June…

30 Jun 2011 Consultations PDF 1271KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/pdf/201106-strategic-review-innovation-results.pdf

Introduction | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
RITS Fast Settlement Service (FSS), another third that are RITS Members not directly using NPP/FSS, and a little over a third made up of payments industry bodies, corporates, vendors and
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/introduction.html

Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
The settlement system used for NPP payments is the FSS. The FSS caters for fast, immediate settlement processing.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html