A Message from The Hon Dr Jim Chalmers MP, Treasurer of Australia
Thanked AFIA for being such a supportive and constructive stakeholder.
Called out our contributions to BNPL and reform of the payments system.
Determined to ensure there is no regulatory gap that vulnerable consumers might slip through and will work with AFIA on our Code updates.
Legislation for modernisation of the payment system to be released by the end of 2023.