Submissions

AFIA submissions to Government and regulatory bodies

AFIA Submission to the RBA Review of Payments System Regulation

August 21, 2026

AFIA’s submission argues that Australia already has a world-leading payments system, delivered by competition, innovation and private-sector investment — and that further regulation should be evidence-based, proportionate and targeted to demonstrated problems.

AFIA Submission to Economics Committee Inquiry into Tax Reform Bill No. 2

July 21, 2026

17 July 2026 AFIA's submission strongly supports the Bill's provisions making the $20,000 Instant Asset Write-Off permanent for small businesses with turnover under $10 million, noting the certainty this gives to non-bank and specialist lenders structuring small business finance products.

AFIA submission to PC inquiry into reducing barriers to business dynamism

July 16, 2026

03 July 2026 AFIA's submission highlights SME access to finance as a critical, practical driver of business dynamism and productivity growth.

AFIA submission to Treasury's consultation on CGT reforms – arrangements for innovative start-ups

July 16, 2026

10 July 2026 AFIA's submission responds to the proposed Innovative Business CGT Concession alongside the Government's broader capital gains tax reforms, arguing that innovative start-ups, scale-ups and SMEs rely on both equity and debt finance throughout their growth lifecycle.

AFIA Submission to Economics Committee Inquiry into Tax Reform Legislation

June 17, 2026

9 June 2026 AFIA has lodged a submission to the Senate Economics Legislation Committee on the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, focusing on the proposed changes to the capital gains tax (CGT) discount and negative gearing arrangements.

AFIA Submission to the Consultation Paper on Regulatory Data Standards Development Reforms

June 1, 2026

01 June 2026 AFIA’s submission to the Data Standards Body’s (DSB) Consultation Paper on regulatory data standards development reforms emphasises that, to ensure the reforms deliver intended outcomes across a diverse ecosystem, they must prioritise consumer benefit, proportionality, clear scope and transparent decision-making.

AFIA Submission to the Review of the Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026

May 27, 2026

8 May 2026 AFIA supports strong AML/CTF regulation but urges recalibration of the new framework to ensure powers are exercised in a proportionate, evidence-based manner with appropriate safeguards and oversight.

AFIA submission to CLSR reform options consultation paper

May 21, 2026

22 May 2026 AFIA has lodged a submission to Treasury’s consultation on the Compensation Scheme of Last Resort, focused on the need to address the scheme’s underlying cost drivers and restore sustainability.

AFIA Submission to Senate Select Committee on Intergenerational Housing Inequity

May 7, 2026

01 May 2026 AFIA’s submission to the Inquiry focuses on how housing supply constraints, regulatory settings and the structure of housing finance markets have contributed to lower home ownership rates, particularly for younger Australians.

AFIA Submission to AUSTRAC on the Industry Contribution Levy 2025-26

March 25, 2026

20 March 2026 AFIA urges clearer AUSTRAC levy rules for group structures, excluding non-reporting entities, and adopting risk-based, proportionate, fairer apportionment methodology principles.

AFIA Submission to Senate Select Committee on Productivity in Australia

March 17, 2026

09 March 2026 AFIA has provided a comprehensive submission to the Senate Select Committee on Productivity, highlighting the essential role the finance industry plays in unlocking growth, innovation and competitiveness across the Australian economy.

AFIA Submission ALM/CTF Transitional Rules Consultation

March 16, 2026

06 March 2026 On the Department of Home Affairs consultation on the AML/CFT Transitional Rule 2026, AFIA sought clarity on obligations for foreign establishments and registration processes for remittance service providers to ensure a smooth, consistent transition and avoid unnecessary regulatory burdens for industry.

AFIA submission to the Independent Review of the Australian Office of Financial Management

March 13, 2026

13 March 2026 AFIA provided a submission to the Independent Review of the Australian Office of Financial Management.

AFIA submission Treasury Coerced Directorships

March 8, 2026

06 March 2026 AFIA supports measures to address coerced directorships while emphasising the limited role finance professionals play in detecting coercive control.

Enhancing oversight and governance of Managed Investment Schemes

March 3, 2026

27 February 2026 AFIA made a submission to Treasury regarding the enhancement of oversight and governance of managed investment schemes (MISs), and support for balanced and targeted reforms.

AFIA Submission on Unfair Trading Practices

March 3, 2026

23 February 2026 AFIA made a submission to Treasury on the Unfair Trading Practices exposure draft legislation.

AFIA EV Discount Submission

February 19, 2026

06 February 2026 AFIA’s submission urges the Government to retain and strengthen the Electric Car Discount to accelerate transport decarbonisation.

Submission to the Inquiry into Schemes, Digital Wallets and Innovation in the Payments Sector

February 19, 2026

16 February 2026 AFIA made a submission to the Economics Committee Inquiry highlighting the importance of competition in payments, the benefits of innovation and novel business models, and the need for proportionate regulation.

Review of the Enhanced Regulatory (FinTech) Sandbox – AFIA submission

February 17, 2026

17 February 2026 AFIA responded to the Independent Review of the Enhanced Regulatory Sandbox.

AFIA Pre-Budget Submission 2026-27

February 2, 2026

30 January 2026 AFIA submitted its Pre-Budget Submission to the Government ahead of the 2026-27 Budget.

AFIA submission to Treasury on Deferred Sales Model Class Exemptions

January 30, 2026

02 February 2026 AFIA responded to the Treasury consultation on class exemptions for the deferred sales model (DSM) for add-on insurance.

Proposed Update to ASIC’s Guidance on Advertising Financial Products and Services

January 22, 2026

22 January 2026 This submission responds to ASIC’s proposed updates to advertising guidance.

AFIA submission on CSLR special levy

December 15, 2025

29 August 2025 AFIA supports the Compensation Scheme of Last Resort as a vital mechanism to ensure consumers receive compensation for unpaid AFCA determinations but stresses that its funding model must be fair, sustainable, and aligned with policy intent.

AFIA submission to APRA licensing consultation

December 14, 2025

31 October 2025 AFIA supports APRA’s efforts to improve the ADI licensing framework and strongly advocates retaining the Restricted ADI (RADI) pathway as a critical mechanism for fostering innovation and competition in banking.

AFIA submission to Treasury consultation on the regulation of Payment Service Providers (Tranche 1a)

November 12, 2025

12 November 2025 AFIA responded to Treasury’s consultation on the regulation of Payment Services Providers.

AFIA submission to Senate Inquiry into FY26 Instant Asset Write-Off Legislation

November 6, 2025

06 November 2025 AFIA supported legislation extending the $20,000 IAWO to 30 June 2026, and advocated for the tax measure to be made permanent to provide investment certainty for SMEs and lenders.

Treasury Climate-related transition planning guidance consultation

October 8, 2025

25 September 2025 AFIA notes its support of the Treasury’s Transition Planning draft guidance which is intended to aid effective climate transition planning.

ACCC consultation on the Interim Authorisation Decision – New Energy Tech Consumer Code

October 8, 2025

08 October 2025 AFIA endorses the NETCC's broader objectives and advocates for stronger safeguards within the Code to prevent mis-selling and consumer harm.

AFIA submission to Productivity Commission Five Pillars Interim Reports

September 15, 2025

15 September 2025 AFIA responded to the Productivity Commission’s five pillars of productivity inquiries interim reports on creating a more dynamic and resilient economy, harnessing data and digital technology, investing in cheaper, cleaner energy and the net zero transformation.

AFIA submission to Economic Reform Roundtable consultation

July 29, 2025

25 July 2025 AFIA submitted to the Treasurer’s Economic Reform Roundtable consultation, calling on the Australian Government to focus on smarter regulation, digital innovation and targeted policy reform to unlock Australia’s productivity potential.